501 Douglas Ave

Active

Nashville, TN 37207

5
Bedrooms
1
Bathrooms
3,201.00
Sq Ft
0.4800
Acres
Updated 10 minutes ago MLS #: 3231123 Listed 1 month ago

$524,900.00

Est. Monthly: $2,533.40
$164
Per Sq Ft

About This Property

Ripe for Redevelopment! .48 acre at the corner of Douglas and N 5th! This will most definitely be a tear down. The building was last used as a dormitory property and enjoyed a tax exempt status, therefore there is no current property tax information.

Location

Subdivision .48 acre city lot
Directions From Ellington Parkway travel West on Douglas.

Interior Features

Heating Electric
Cooling Electric
Flooring Carpet
Appliances None
Basement Partial

Exterior & Property

Stories 2
Construction Materials Brick
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Shwab Elementary
6-8
Middle School
Jere Baxter Middle
9-12
High School
Maplewood Comp High School

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 1920
Annual Taxes $1.00
Listing Office Blue Skies Realty, LLC
Listing Agent Sarah Evans
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-07-06T20:30:58+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Nashville and the .48 acre city lot neighborhood

Nashville Market

City-wide statistics

Explore Nashville
4598
Active Listings
$924,996.21
Avg Price
2,125
Avg Sq Ft
3.0
Avg Bedrooms

.48 acre city lot

Neighborhood statistics

Explore .48 acre city lot
2
Active Listings
$524,900.00
Avg Price
3,201
Avg Sq Ft
5.0
Avg Bedrooms

Price History

Recent price changes for this property

Jun 29, 2026
Price Decrease
$5,499.00 → $5,249.00
$250.00

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3231123

Currently active listing

1 month ago • Jun 5, 2026

31 days on market

$524,900.00

Originally: $549,900.00