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Melrose

Melrose

$714,658 Average Value
$428 Average Price per Sq Ft
33 Homes For Sale

Melrose mixes vintage character with modern Nashville energy

Melrose puts a modern spin on old-school Nashville living. Along 8th Avenue South, you'll find vintage shops next to modern boutiques and a former bowling alley that's now a contemporary diner. Some original mid-1900s homes are still around, but new development keeps rolling in. As the retail and restaurant scene grows, so does Melrose's popularity. You're close to the action of next-door 12 South, and about 3 miles from downtown — and for now, prices are staying relatively low for this side of the city.

Condos, older homes and an increase in “tall-skinnies”

You can find a wide range of prices in Melrose. Modern construction tops the market with prices from $1 million to $1.8 million, but you can find older ranch-style homes and Tudor Revivals for the mid-$600,000s to mid-$900,000s. Buyers looking for something more compact can snag a condo or townhome from mid-$200,000s to the upper $500,000s. Prices tend to be lower than in nearby neighborhoods like 12 South and Historic Waverly.

To keep up with demand, many Nashville neighborhoods are seeing more of the housing type nicknamed “tall-skinnies.” These modern builds fit two homes per lot, with narrow floor plans that stretch up instead of out. Compared to nearby 12 South, Erin Simpson, a neighborhood local and Realtor with Compass, says, "There are more of those tall-skinnies. It's not as historic, so it's not as protected."

Melrose streets are lined with tall skinny homes.
Melrose streets are lined with tall skinny homes.
Homes range from Tudor-style bungalows to modern townhomes.
Homes range from Tudor-style bungalows to modern townhomes.
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Walk to grocery stores, restaurants and live comedy on 8th Avenue

Located between 8th Avenue South and 12th Avenue South, Melrose is a pedestrian-friendly area with plenty of things to do. “You kind of have the benefit of being close enough to 12 South without having congestion," Simpson says. Kyle Shults, the broker/owner of C & S residential, who has experience in the area, agrees. "If you want to be near downtown, in an urban but walkable area, it's the perfect place."

Publix and Kroger are both located on 8th Avenue South, making everyday errands easy. And this main stretch has plenty more right outside your door, including:

  • M.L.Rose Neighborhood Pub, a laid-back pub with burgers and waffle fries, plus weekly trivia nights
  • The Smiling Elephant, a Thai restaurant that serves a fresh-made curry of the day
  • Fenwick's 300, a modern diner with all-day breakfast and a bar built from a repurposed bowling lane
  • Zanies Comedy Night Club, one of the city's top comedy spots, with nationally touring headliners and rising stars seven nights a week
  • Gruhn Guitars, a long-standing music shop specializing in rare and vintage guitars

Farmers markets and fitness facilities at Sevier Park

Melrose is less than a mile from Sevier Park, home to a historic pre-Civil War mansion and a popular neighborhood green space. You'll find outdoor tennis courts and other sports facilities, plus a community center with a fitness center and indoor walking track. Kids can join after-school programs and summer camps there, and the park hosts a range of community events, including the weekly 12 South Farmers Market from May to October.

Take the bus to downtown Nashville or drive to the airport

Hop on 8th Avenue South and you'll cover the 3 miles to Downtown Nashville in under 15 minutes. WeGo buses also run downtown, stopping in Edgehill and The Gulch along the way. Interstates 65 and 440 are close by for trips out of town, and Nashville International Airport is about a 15-minute drive.

International public schools and highly rated private options

Melrose is part of Metro Nashville Public Schools and zoned to Hillsboro High School, an International Baccalaureate World School. Nearby private school options include St. Bernard Academy, which earns an A-plus from Niche and serves pre-kindergarten through eighth grade, and Lipscomb Academy, which is rated A by Niche and serves pre-kindergarten through 12th grade.

Catherine Lashley
Written By
Catherine Lashley
Chase Brock
Photography Contributed By
Chase Brock
Samantha Houtchens
Video By
Samantha Houtchens

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Nashville International

13 min drive

Bus

Franklin Pk & Berry Rd Nb

Bus

Franklin Pike & Horner Ave Nb

Bus

Franklin Pike & Kirkwood Ave Nb

Bus

Franklin Pike & Inverness Ave Nb

Reviews

Are you familiar with the Melrose neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Melrose US
Homicide 5 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 4 4
Burglary 9 4
Motor Vehicle Theft 8 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
767
Number of Homes for Sale
33
Median Year Built
2007
Months of Supply
8.40
Average Single Family Home Size Sq Ft
2,342
Above the national average
1,933
Average Townhouse Size Sq Ft
2,406
Average 2 Bedroom Size Sq Ft
1,300
Average 1 Bedroom Size Sq Ft
818
Average Studio Size Sq Ft
418
Median Lot Size Sq Ft
9,583

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$2,430
Median Single Family Home Rent
$2,595
Median 3 Bedroom Single Family Home Rent
$4,700
Median Townhouse Rent
$4,198
Median 3 Bedroom Townhouse Rent
$5,500
Median Condo Rent
$2,050
Median 1 Bedroom Condo Rent
$2,050

Demographics

Total Population
2,151
Median Age
32
Population Density
13 ppl/acre
Population under 18
20%
On par with the national average
23.8%
Population over 65
5.9%
Below the national average
19.1%

Finances

Median Household Income
$90,334
Above the national average
$79,597
Average Household Income
$127,441

Education and Workforce

High School Graduates
98.7%
College Graduates
83%
Significantly above the national average
34.1%
Advanced Degrees
35.8%
Above the national average
13.3%
% Population in Labor Force
85.6%

Weather

Annual Precipitation
51''
Average Winter Low Temperature
30°F
Average Summer High Temperature
91°F
Annual Snowfall
14''

Area Factors

Fairly bikeable

Bikeability®

40 / 100

Moderately walkable

Walkability®

70 / 100

Limited public transit

Transit®

30 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Melrose