1514 5th Ave, W

Active

Springfield, TN 37172

5
Bedrooms
2.5
Bathrooms
2,746.00
Sq Ft
0.6200
Acres
Updated 3 minutes ago MLS #: 3302264 Listed 3 months ago

$400,000.00

Est. Monthly: $1,930.58
$146
Per Sq Ft

Sold MLS 2979377

Spacious — 2,746 sq ft Room to spread out
5 Bedrooms Generous bedroom count
Built 1957 Year of construction

About This Property

***Short sale - BRING ALL OFFERS*** Multifamily Opportunity with Separate Living Quarters! This spacious and beautifully updated home offers 2 complete living quarters, each with its own kitchen, laundry area, and private living space—perfect for multigenerational living, rental income, or an in-law suite. Conveniently located in downtown Springfield, just outside the city limits, you'll enjoy no HOA, no large subdivision, and an easy commute of approximately 30 miles to Nashville or Clarksville. The main level features gorgeous original hardwood floors, an open-concept living area with abundant natural light from oversized picture windows, a stunning fully renovated kitchen with granite countertops, stainless steel appliances, new cabinetry, updated fixtures, and beautiful flooring throughout. A cozy fireplace, spacious utility room with a half bath, and an oversized zero-entry 2-car garage add to the home's functionality. The fully renovated walkout basement serves as a true in-law suite or private apartment, complete with its own entrance, kitchen, washer/dryer hookups, den with a second fireplace, two bedrooms, full bath, sitting room, separate electrical panel, and new mini-split HVAC system. Outside, enjoy a huge backyard, patio, one oversized storage shed, one additional storage shed, a new water heater, new appliances, and updated kitchens and bathrooms. This is a rare opportunity to own a flexible, move-in-ready home with exceptional space, privacy, and income-producing potential.1% lender credit with use of preferred lender.

Listing provided by Bernie Gallerani

Brokered by Bernie Gallerani Real Estate (6152658284)

Location

Subdivision IRA Innovations
Directions Take Highway 49W (5th Avenue) towards Coopertown. Home is the white brick ranch on the left.

Interior Features

Interior Features Ceiling Fan(s),In-Law Floorplan,Redecorated
Heating Central
Cooling Central Air
Flooring Wood,Laminate,Tile
Appliances Electric Oven,Electric Range,Dishwasher,Microwave,Stainless Steel Appliance(s)
Basement Apartment,Full

Exterior & Property

2 Car Garage
Stories 2
Construction Materials Brick
Patio/Deck Features Patio
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Cheatham Park Elementary
6-8
Middle School
Coopertown Middle School
9-12
High School
Springfield High School

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 1957
Annual Taxes $1,882.00
MLS Logo

Listings courtesy of RealTracs, Inc. as distributed by MLS GRID.

MLS Information

Based on information submitted to the MLS GRID as of 2026-11-07T05:30:54+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 Springfield and the IRA Innovations neighborhood

Springfield Market

City-wide statistics

Explore Springfield
284
Active Listings
$573,324.62
Avg Price
1,886
Avg Sq Ft
3.0
Avg Bedrooms

IRA Innovations

Neighborhood statistics

Explore IRA Innovations
1
Active Listings
$400,000.00
Avg Price
2,746
Avg Sq Ft
5.0
Avg Bedrooms

Price History

Recent price changes for this property

Oct 15, 2026
Price Decrease
$4,250.00 → $4,000.00
$250.00

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3302264

Currently active listing

3 months ago • Jul 22, 2026

107 days on market

$400,000.00

Originally: $425,000.00