505 Wedgewood Ave, Nashville, TN 37203
505 Wedgewood Ave, Nashville, TN 37203, Active at $769,000 ($331/sq ft). Commercial · 2,324 sqft · $331/sqft.
505 Wedgewood Ave, Nashville, TN 37203, Active at $769,000 ($331/sq ft). Commercial · 2,324 sqft · $331/sqft.
Active · $769,000
MLS #3070959 · listed December 29, 2025 · 307 days on market · updated October 27, 2026
Commercial property at 505 Wedgewood Ave, Nashville, 2,324 sqft, $769,000 ($331/sqft), by eXp Realty.
This is a commercial property; ask Grant Hammond for the zoning, current tenancy and operating figures where they apply.
More context: Nashville market analysis and research.
Turn-Key NOO STR | Commercial Zoning | Wedgwood-Houston Rare opportunity to acquire a commercially zoned, non-owner-occupied short-term rental in one of Nashville's fastest-growing neighborhoods. This fully furnished single-family townhome is currently operating as an Airbnb and offered in excellent condition for immediate income generation. Interior features include hardwood floors on the upper levels, stained concrete on the main level, granite countertops throughout, tile bathrooms, and a well-equipped kitchen with gas range, stainless appliances, under-cabinet lighting, tile backsplash, and oversized pantry/storage. Covered patio with views, school and park across the street, walkable restaurants and retail, and Geodis Park directly behind the property. Located 2-5 minutes from downtown Nashville and adjacent to 12 South, The Gulch, and SoBro. Strong future upside as Wedgwood-Houston continues to see new hotels, restaurants, and mixed-use development. 1031 Exchange welcome. Pro formas available upon request. ðŸ“½ï¸ Video tour available. 📞 Contact agent for financials and private tour.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 505 Wedgewood Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $769,000 | -$30,000 (-3.8%) | |
| Price change | $799,000 | -$70,000 (-8.1%) | |
| Listed | $869,000 |
Listed December 29, 2025, this listing has been on the market 307 days as of November 1, 2026. The price has been reduced 2 times, from $869,000 to $769,000 (-11.5%), most recently on October 27, 2026.
The Davidson County Assessor's appraised value of 505 Wedgewood Ave by year: $200 in 2018 to $200 in 2025, a change of 0%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $200 | $0 | $0 | $200 | ROLL |
| 2021 | $200 | $0 | $0 | $200 | ROLL |
| 2018 | $200 | $0 | $0 | $200 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Commercial property is typically financed with a commercial loan, whose down payment, rate and term are set by the lender and differ from a home mortgage, so this page carries no payment estimate. Ongoing costs include property tax on the assessed value, insurance and upkeep.
| List price | $769,000 |
|---|---|
| Property tax basis | Appraised value × 40% (TN commercial and industrial assessment ratio) × the Metro Nashville / Davidson County rate |
The evidence behind that pricing read:
505 Wedgewood Ave sits in Nashville, Davidson County.
Approximately 2.3 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 505 Wedgewood Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 505 Wedgewood Ave, by price and size.
Listed by Michael Swift, eXp Realty. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (October 27, 2026), 505 Wedgewood Ave, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
505 Wedgewood Ave was listed on December 29, 2025 and has been on the market 307 days as of November 1, 2026, per Realtracs.
Yes. It was first listed at $869,000. The price has been reduced 2 times, most recently to $769,000 on October 27, 2026, a total change of -11.5%.
505 Wedgewood Ave, Nashville is listed at $769,000, about $331 per square foot across 2,324 sqft.
505 Wedgewood Ave, Nashville is a commercial property with 2,324 sq ft. Ask Grant Hammond for the zoning, current tenancy and operating figures where they apply.
505 Wedgewood Ave, Nashville is in Nashville.
No association dues are reported for this listing.
Ask for a showing, the zoning, tenancy or operating figures through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.