502 Southgate Ave 5, Nashville, TN 37203
502 Southgate Ave 5, Nashville, TN 37203, for rent, Active at $3,750/mo. 3 bd · 2.5 ba (2 full, 1 half) · 1,889 sqft.
502 Southgate Ave 5, Nashville, TN 37203, for rent, Active at $3,750/mo. 3 bd · 2.5 ba (2 full, 1 half) · 1,889 sqft.
For rent · Active · $3,750/mo
MLS #3524707 · listed August 24, 2026 · 60 days on market · updated October 2, 2026
3-bed, 2.5-bath rental condo at 502 Southgate Ave 5 in 502 Southgate Townhomes, Nashville, 1,889 sqft, $3,750/mo, by ASM Properties, LLC.
502 Southgate Ave 5 is a 3-bedroom, 2.5-bath rental condo in Nashville, TN 37203, offered for rent at $3,750/mo.
Next step: ask Grant Hammond anything about 502 Southgate Ave 5 (availability, pet terms, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 2, 2026. Realtracs via IDX.
This is a condominium offered for rent; the building and its rental market are part of the rent comparison below.
More context: Nashville condos and building guides.
Beautiful 3 bed, 2.5 bath home in the Wedgewood-Houston area. Open living area on ground floor with hardwood flooring, built in storage and eat-in kitchen. Kitchen includes all stainless appliances, custom backsplash, cabinetry and light fixtures. Large island with built in microwave and room for bar stools for entertaining while you cook. Large master w/ dual vanities, custom tile shower and large walk-in closet with built in shelving and hooks. Guest bedroom 1 has built in storage. Lower level has den with access to 2 car garage with heat and AC. Top level has bar with space for a mini fridge and opens to a private roof top patio. A really unique home full of opportunities in a prime Nashville location.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 502 Southgate Ave 5 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $3,750 | -$245 (-6.1%) | |
| Price change | $3,995 | -$305 (-7.1%) | |
| Listed | $4,300 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 |
Listed August 24, 2026, this listing has been on the market 60 days as of October 23, 2026. The price has been reduced 2 times, from $4,300 to $3,750 (-12.8%), most recently on September 30, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 502 Southgate Ave 5 by year: $45,000 in 2014 to $693,300 in 2025, a change of +1441%. 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 | $300,000 | $393,300 | $0 | $693,300 | ROLL |
| 2021 | $120,000 | $370,600 | $0 | $490,600 | ROLL |
| 2017 | $120,000 | $287,100 | $0 | $407,100 | ROLL |
| 2015 | $45,000 | $63,000 | $0 | $108,000 | JUNE |
| 2014 | $45,000 | $0 | $0 | $45,000 | 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.
502 Southgate Ave 5 is offered for rent at $3,750 per month. This is a rental listing: there is no purchase price, mortgage payment or property-tax estimate on this page. Rent, lease term, deposit, fees and move-in date are set by the listing office and confirmed at application.
| Monthly rent | $3,750/mo |
|---|
Asking rent per Realtracs, as of October 2, 2026; not a lease offer. Broker fees are not set by law and are fully negotiable.
502 Southgate Ave 5 is offered at $3,750/mo, about 36% above the median asking rent for three-bedroom rentals in Nashville ($2,750/mo across 431 listings, October 2026).
For comparison, the median sale price for homes of all property types in Nashville was $550,000 (271 closings, October 2026). Owning at that price would run about $3,698/mo with 20% down at a 7.37% 30-year rate, including estimated property tax and insurance and before maintenance: about $52/mo less than this rent.
The asking rent was reduced from $3,995 to $3,750 on September 30, 2026, as observed in Realtracs by the GH Market Engine (2 changes since September 6, 2026).
| This listing | $3,750/mo |
|---|---|
| Median asking rent, three-bedroom rentals in Nashville | $2,750/mo (431 listings, October 2026) |
| Difference | 36% above the median |
| Rentals listed in Nashville | 1133 (October 2026) |
| Median asking rent, ZIP 37203 | $2,750/mo (122 listings, October 2026) |
| Owning a median-priced home in Nashville | about $3,698/mo ($550,000 median sale, 271 closings, October 2026; 20% down at 7.37%, est. tax and insurance) |
Asking rents, not achieved rents, from Realtracs listings via the GH Market Engine; medians abstain below five listings. Ownership estimate uses the same model as the sale pages and excludes maintenance and any owner association dues. Analysis by Grant Hammond, Compass RE; not an appraisal or a lease offer.
502 Southgate Ave 5 sits in 502 Southgate Townhomes, Nashville, Davidson County.
Approximately 2.1 miles from downtown Nashville (straight-line distance).
502 Southgate Ave 5 is zoned for Fall-Hamilton Elementary, Margaret Allen Middle School, Glencliff High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Ask about availability and lease terms for 502 Southgate Ave 5 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Active rental listings near 502 Southgate Ave 5, by rent and size.
Listed by Michael Craig Collin, ASM Properties, LLC. 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 2, 2026), 502 Southgate Ave 5, Nashville is active and available to lease, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
502 Southgate Ave 5 was listed on August 24, 2026 and has been on the market 60 days as of October 23, 2026, per Realtracs.
Yes. It was listed at $4,300 when our daily record began on September 6, 2026. The price has been reduced 2 times, most recently to $3,750 on September 30, 2026, a total change of -12.8%.
502 Southgate Ave 5, Nashville is offered for rent at $3,750 per month. Lease term, deposit and move-in date are set by the listing office.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
502 Southgate Ave 5 is offered at $3,750/mo, about 36% above the median asking rent for three-bedroom rentals in Nashville ($2,750/mo across 431 listings, October 2026). Asking rents, not achieved rents, per Realtracs listings.
Yes. Realtracs showed $3,995/mo and then $3,750/mo from September 30, 2026, one of 2 changes since September 6, 2026; asking rent, not achieved rent, as observed by the GH Market Engine.
At the Nashville median sale price of $550,000 (271 closings, October 2026), owning would run about $3,698/mo with 20% down at 7.37%, estimated tax and insurance included: about $52/mo less than this rent, before maintenance.
Pet policy is not reported for this listing; ask the listing office. Assistance animals are not pets under the Fair Housing Act.
502 Southgate Ave 5, Nashville was built in 2015.
Yes, 2 garage spaces, per the listing.
502 Southgate Ave 5, Nashville is in the 502 Southgate Townhomes subdivision of Nashville.
502 Southgate Ave 5, Nashville is zoned for Fall-Hamilton Elementary, Margaret Allen Middle School, Glencliff High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Applications, screening criteria, deposits and lease terms are set by the listing office. Grant Hammond, Compass RE, can arrange a showing and put you in touch with the listing office; start with the form on this page or call (615) 945-7123.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, to arrange a showing or ask about the listing.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.