240 54th Ave N, Nashville, TN 37209
240 54th Ave N, Nashville, TN 37209, Conditional at $479,990 ($395/sq ft). 2 bd · 1 ba · 1,214 sqft · $395/sqft · 0.09 ac.
240 54th Ave N, Nashville, TN 37209, Conditional at $479,990 ($395/sq ft). 2 bd · 1 ba · 1,214 sqft · $395/sqft · 0.09 ac.
Front elevation of the brick house with a covered porch and a shingled roof.
Conditional · $479,990
MLS #3621000 · listed October 14, 2026 · 5 days on market · updated October 20, 2026
2-bed, 1-bath home at 240 54th Ave N in Realty Savings Bank & Trust, Nashville, 1,214 sqft, $479,990 ($395/sqft), by homecoin.com.
240 54th Ave N is a 2-bedroom, 1-bath home in Nashville, TN 37209, offered at $479,990, about $395/sq ft across 1,214 sq ft.
At $395/sq ft, this home is about 21% above the Nashville 37209 median list price per square foot of $326.
Recently sold in Nashville 37209: 153 comparable homes from $312,000 to $645,000, a median of $326/sq ft; this listing at $395/sq ft is about 21% above recent sold prices.
Market read: the Nashville 37209 homes market is balanced as of October 12, 2026, at about 4.1 months of inventory; recent sales have closed near 98.2% of list in the 12 months to October 21, 2026.
All-in, about $3,256/mo at 20% down (7.40% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $597/mo, roughly 18% of the all-in monthly payment.
At the current 7.40% 30-year rate, principal and interest on this home runs about $2,659/mo; at the 6.77% rate of about three months ago it would be roughly $2,496/mo, so monthly P&I is about $163 higher now.
School zone: assigned to Sylvan Park Paideia Design Center, West End Middle School, Hillsboro Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 240 54th Ave N (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 20, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Opportunity in Sylvan Park, just off Charlotte Ave. Sold as-is. Needs minimal investment to get rent-ready. The backyard is much larger than it looks in aerial photos. Strong appreciation area with room to work: renovate and rent, renovate and resell, or add square footage and sell. Minutes from The Nations, Sylvan Park dining, I-40 and downtown.
Listing remarks via the Realtracs Internet Data Exchange.
The listing photos show a one-story brick house with white gable trim, a covered front porch and a shingled roof. The back yard has a wood deck with a railing, a stone path, a fenced lot and a paved parking area beside a small storage shed. Inside, the living room has wood-look flooring and sage green walls, with a front door that opens onto the porch.
Seen in the photos: covered front porch, brick exterior, wood deck, fenced back yard, storage shed, wood-look flooring, gable trim, paved parking area.
Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.
Complete reported fields for 240 54th Ave N (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Listed | $479,990 |
Listed October 14, 2026, this listing was on the market 5 days before it went under contract. It has been under contract since October 19, 2026.
County assessment from county public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 240 54th Ave N at $479,990: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $479,990 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 240 54th Ave N is about $3,256/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $2,659, estimated property tax $281, homeowners insurance $316. Estimate only; not a loan offer.
| Principal & interest | $2,659/mo |
|---|---|
| Property tax (est.) | $281/mo |
| Homeowners insurance (est.) | $316/mo |
| Estimated total | $3,256/mo |
Assumes 20% down, 30-year fixed at 7.40% (Mortgage News Daily, as of October 20, 2026). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.40% | $2,402/mo | $2,999/mo | -$257/mo |
| 6.90% | $2,529/mo | $3,126/mo | -$130/mo |
| 7.40% | $2,659/mo | $3,256/mo | current |
| 7.90% | $2,791/mo | $3,388/mo | +$132/mo |
| 8.40% | $2,925/mo | $3,522/mo | +$266/mo |
Principal & interest on a 30-year fixed at 20% down ($383,992 loan), with property tax, insurance held constant at $597/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.
Owning 240 54th Ave N runs about $3,256/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Nashville 37209 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $395 | $327 median | $326 median |
| Price position | 72nd pctile | +21% vs median | ~98.2% of list |
| Recent closings | - | - | 153 sales |
This listing beside the active Nashville 37209 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 3, 2026.
At $395/sq ft, this home ranks in the 72nd percentile of the active homes in Nashville 37209 by price per square foot.
Computed by Grant Hammond from the active Nashville 37209 comparables (Realtracs via IDX), as of November 3, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 152 in Nashville 37209 homes |
|---|---|
| Recent absorption | about 37.1 sales / mo |
| Months of inventory | 4.1 months, a balanced market |
Over the past 12 months, homes in Nashville 37209 homes sold at about 98.2% of list price.
Recorded sales in Nashville 37209 homes: 500 in the past 12 months.
Supply-side and recent-sale context for Nashville 37209 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37209 homes closings. Source Realtracs via IDX, as of October 12, 2026.
240 54th Ave N sits in Realty Savings Bank & Trust, Nashville, Davidson County.
In Nashville 37209, homes there are priced around $326 per square foot; inventory in Nashville 37209 homes is running at about 4.1 months, a balanced market; recent sales closed near 98.2% of list price; 153 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 21, 2026.
Approximately 4.1 miles from downtown Nashville (straight-line distance).
240 54th Ave N is zoned for Sylvan Park Paideia Design Center, West End Middle School, Hillsboro Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 240 54th Ave N - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 240 54th Ave N, by price and size.
Listed with homecoin.com. 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 20, 2026), 240 54th Ave N, Nashville is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
240 54th Ave N was listed on October 14, 2026 and went under contract on October 19, 2026, after 5 days on the market, per Realtracs.
No. The asking price has been $479,990 since it was listed on October 14, 2026.
The listing photos show a one-story brick house with white gable trim, a covered front porch and a shingled roof. Features seen in the photos include covered front porch, brick exterior, wood deck, fenced back yard, storage shed and wood-look flooring. Described from the Realtracs listing photos.
240 54th Ave N, Nashville is listed at $479,990, about $395 per square foot across 1,214 square feet.
2 bedrooms and 1 bathroom.
About $395 per square foot ($479,990 across 1,214 sqft).
240 54th Ave N, Nashville was built in 1940.
No garage is reported in the listing.
No HOA dues are reported for this home.
240 54th Ave N, Nashville is in the Realty Savings Bank & Trust subdivision of Nashville.
About $3,256 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $2,659, estimated property tax $281, insurance $316. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
240 54th Ave N, Nashville is zoned for Sylvan Park Paideia Design Center, West End Middle School, Hillsboro Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 240 54th Ave N, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
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.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $395 per square foot, 240 54th Ave N, Nashville ranks in the 73rd percentile of active Nashville 37209 listings by price per square foot, roughly 21% above the Nashville 37209 median; recent comparable sales in Nashville 37209 closed near $326 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37209 homes market is currently balanced, at about 4.1 months of inventory; recent sales have closed near 98.2% of list price over the past year, per Realtracs as of October 12, 2026.
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