505 Wedgewood Ave, Nashville TN 37203
ATTENTION INVESTORS & OWNER-OCCUPANTS — Rare NOO STR Opportunity in Wedgwood-Houston Beautifully maintained single-family townhome in the heart of Wedgwood-Houston, commercially zoned and currently operating as a successful Airbnb. Offered fully furnished and turn-key, this property is ideal for investors seeking immediate income or owner-occupants looking for flexibility and future upside. The home features hardwood floors on the 2nd and 3rd levels, stained concrete on the main floor, tile bathrooms and showers, and granite countertops throughout. The kitchen is well-appointed with stainles
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 $344 per square foot, compared with a $274 median for active 3-bedroom homes in Nashville. Its asking price falls near the 83rd percentile of that active group. The comparison uses 1,833 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 250 days, while the current cohort averages 52 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 $720,000, and the median is $392 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 |
|---|---|---|---|---|
| 527A Wedgewood Ave | Aug 17, 2026 | 4 bd · 2,322 sqft | $725,000 | 0.1 mi |
| 2160 Byrum Ave | Jul 16, 2026 | 3 bd · 2,418 sqft | $800,000 | 0.2 mi |
| 1801 Neal Terrace | Jun 12, 2026 | 2 bd · 1,243 sqft | $525,000 | 0.2 mi |
| 494 Southgate Ave | Jul 29, 2026 | 3 bd · 2,218 sqft | $800,000 | 0.2 mi |
| 2140 Byrum Ave | Jul 31, 2026 | 1 bd · 640 sqft | $351,000 | 0.3 mi |
| 1627 Marshall Hollow Dr | Jul 22, 2026 | 3 bd · 1,916 sqft | $620,000 | 0.3 mi |
| 1709 Martin St | Jun 15, 2026 | 3 bd · 1,616 sqft | $715,000 | 0.3 mi |
| 602 Southgate Avenue | Jul 20, 2026 | 3 bd · 1,910 sqft | $849,900 | 0.3 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.
- $869,000 · Active
- $799,000 · Active
- $799,000 · Active
- $799,000 · 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 Manchester58.2 miles straight-line · roughly 104 driving minutes
- Downtown Manchester58.8 miles straight-line · roughly 105 driving minutes
- Downtown Tullahoma61.7 miles straight-line · roughly 110 driving minutes
- Arnold Air Force Base63.8 miles straight-line · roughly 114 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