1514 5th Ave W Springfield, TN 37172
Springfield AreaEstimated payment $2,502/month
Highlights
- 0.62 Acre Lot
- No HOA
- Fireplace
- Wood Flooring
- Stainless Steel Appliances
- 2 Car Attached Garage
About This Home
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 Agent
Bernie Gallerani Real Estate Brokerage Phone: 6154386658 License # 295782 Listed on: 07/22/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,882
Year Built
- Built in 1957
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- Property has 2 Levels
- Ceiling Fan
- Fireplace
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- In-Law or Guest Suite
Basement
- Basement Fills Entire Space Under The House
- Apartment Living Space in Basement
Schools
- Cheatham Park Elementary School
- Coopertown Middle School
- Springfield High School
Additional Features
- Patio
- 27,007 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Ira Innovations Subdivision
Listing and Financial Details
- Assessor Parcel Number 080P A 05700 000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $72,500 | $16,250 | $56,250 |
| 2024 | -- | $72,500 | $16,250 | $56,250 |
| 2023 | $1,816 | $72,500 | $16,250 | $56,250 |
| 2022 | $1,358 | $37,225 | $5,500 | $31,725 |
| 2021 | $1,358 | $37,225 | $5,500 | $31,725 |
| 2020 | $1,358 | $37,225 | $5,500 | $31,725 |
| 2019 | $40,859 | $37,225 | $5,500 | $31,725 |
| 2018 | $1,358 | $37,225 | $5,500 | $31,725 |
| 2017 | $1,390 | $32,450 | $10,250 | $22,200 |
| 2016 | $1,390 | $32,450 | $10,250 | $22,200 |
| 2015 | $1,350 | $32,450 | $10,250 | $22,200 |
| 2014 | $1,281 | $30,800 | $10,250 | $20,550 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $425,000 | +6.3% | $155 / Sq Ft | |
| 09/30/2025 09/30/25 | Sold | $399,900 | 0.0% | $146 / Sq Ft | View Prior Sale |
| 08/31/2025 08/31/25 | Pending | -- | -- | -- | |
| 08/21/2025 08/21/25 | For Sale | $399,900 | -- | $146 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $399,900 | None Listed On Document | |
| Deed | $359,900 | None Listed On Document | |
| Warranty Deed | $290,000 | None Listed On Document | |
| Deed | $92,500 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $392,656 | FHA | |
| Previous Owner | $294,359 | New Conventional | |
| Previous Owner | $69,000 | No Value Available |
Source: Realtracs
MLS Number: 3302264
APN: 080P-A-057.00
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Ask me questions while you tour the home.