Active

508 Madison St, Nashville TN 37208

$540,000
2 bed · 1,438 sqft · Built 2007 · 0.02 acres

The best of city living in the heart of Germantown. This 2-bedroom, 2-bath townhouse is filled with natural light and features a thoughtfully designed layout with a balcony overlooking lush greenspace. Offers flexibility with a dedicated dining area or home office space, real sand-and-finish hardwoods throughout, granite countertops, and upgraded stainless steel appliances. The primary suite impresses with soaring ceilings and an ensuite bath complete with a soaking tub and separate shower. One assigned parking space (#G) is included. This townhome offers unmatched walkability. Stroll to co

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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 $376 per square foot, compared with a $290 median for active 2-bedroom homes in Nashville. Its asking price falls near the 77th percentile of that active group. The comparison uses 1,050 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 66 days, while the current cohort averages 57 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.

$376Listing $/sqft
$290Cohort median $/sqft
1,050Comparable active listings
57 daysAverage market time

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 $770,000, and the median is $577 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.

AddressSoldHomeSold priceDistance
1201 5th Ave, N Jul 2, 2026 1 bd · 720 sqft $430,000 0.0 mi
1204 7th Ave, N Jun 26, 2026 2 bd · 1,962 sqft $1,090,000 0.1 mi
1221 4th Ave, N Aug 28, 2026 1 bd · 769 sqft $445,000 0.1 mi
1228 4th Ave, N Aug 12, 2026 4 bd · 3,222 sqft $2,100,000 0.2 mi
1228 4th Avenue, N Jul 31, 2026 3 bd · 2,255 sqft $1,370,000 0.2 mi
1325 5th Ave, N Aug 14, 2026 1 bd · 660 sqft $380,000 0.2 mi
701 Taylor St Sep 11, 2026 3 bd · 2,672 sqft $880,000 0.3 mi
413 Van Buren St Jun 17, 2026 2 bd · 1,530 sqft $660,000 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.

  1. $540,000 · 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 Manchester61.3 miles straight-line · roughly 109 driving minutes
  • Downtown Manchester61.9 miles straight-line · roughly 111 driving minutes
  • Downtown Tullahoma64.9 miles straight-line · roughly 116 driving minutes
  • Arnold Air Force Base66.9 miles straight-line · roughly 119 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

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