1001B 51st Ave, N, Nashville TN 37209
5.3% cap rate! NOO STR transferrable permit. We are pleased to present 1001B 51st Ave for sale. This active short term rental is commercially zoned for non-owner occupied short term rental status. This property is located in the heart of the Nations, a highly sought after neighborhood just 10 minutes from Downtown Nashville. This property is conveniently located near tourism, event venues, retail, restaurants, schools, hospitals, and all desired commerce that aid in the success of an investment property.
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Nashville
This property is offered at $264 per square foot, compared with a $307 median for active 4-bedroom homes in Nashville. Its asking price falls near the 42nd percentile of that active group. The comparison uses 1,287 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 1 day, while the current cohort averages 55 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $707,500, and the median is $347 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 5109A Michigan Ave | Jul 28, 2026 | 2 bd · 1,088 sqft | $375,000 | 0.1 mi |
| 4920 Michigan Ave | Jun 15, 2026 | 4 bd · 2,390 sqft | $815,000 | 0.1 mi |
| 4915 Michigan Ave | Jul 17, 2026 | 4 bd · 2,884 sqft | $955,000 | 0.1 mi |
| 5200 Kentucky Ave | Aug 4, 2026 | 3 bd · 1,958 sqft | $700,000 | 0.1 mi |
| 5005 Illinois Ave | Aug 31, 2026 | 2 bd · 1,196 sqft | $450,000 | 0.1 mi |
| 5209 Tennessee Ave | Sep 9, 2026 | 2 bd · 1,360 sqft | $440,000 | 0.1 mi |
| 4917 Illinois Ave | Jun 23, 2026 | 3 bd · 1,482 sqft | $715,000 | 0.1 mi |
| 4804 Illinois Ave | Aug 19, 2026 | 4 bd · 2,533 sqft | $885,000 | 0.2 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $680,000 · Active
Location reference points
How this address sits within the Nashville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester62.7 miles straight-line · roughly 112 driving minutes
- Downtown Manchester63.3 miles straight-line · roughly 113 driving minutes
- Arnold Air Force Base68.1 miles straight-line · roughly 122 driving minutes
Continue comparing
Similar active homes in Nashville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Nashville homes for sale · See the Nashville market report