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$519,000 - 506 Drake Ave, Nashville

3
Bedrooms
3
Baths
1,824
SQ. Feet
0.22
Acres

Historic charm reimagined for modern living on sought after Drake Avenue. This restored and thoughtfully reimagined cottage seamlessly blends open concept design with timeless character and flexibility. The main home has 3BR/2 BA + a separate studio unit (1 BR/BA). The studio unit (with its own private entrance) offers endless versatility—as a guest suite, 4th bedroom, creative space, ideal for a roommate situation, creative work space, or income producing Airbnb—complete with kitchenette, full bath, and spacious living area. (Airbnb would require an owner-occupied STR permit). The main house showcases an updated kitchen with white shaker cabinetry, granite countertops, huge pantry, and stainless-steel appliances—paired with the clean, contemporary appeal of hard wood, tile, and laminate flooring throughout the home. A newly added primary suite is a serene retreat, featuring a spa inspired private bathroom with a glass and tile shower. Outdoors, a fully fenced backyard awaits with a built in gas firepit, storage shed, and private, gated off street parking for 2 cars + a parking pad in front of home for 2 more cars. From its thoughtful renovations to its flexible living options, this residence perfectly balances heritage and modern comfort in one of the city’s most up and coming locations. Get anywhere in the city in 10-15 minutes!

Essential Information

  • MLS® #:
    2993285
  • Price:
    $519,000
  • Bedrooms:
    3
  • Bathrooms:
    3.00
  • Full Baths:
    3
  • Square Footage:
    1,824
  • Acres:
    0.22
  • Year Built:
    1948
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Cottage
  • Status:
    Active

Community Information

  • Address:
    506 Drake Ave
  • Subdivision:
    W M Coleman
  • City:
    Nashville
  • County:
    Davidson County, TN
  • State:
    TN
  • Zip Code:
    37211

Amenities

  • Utilities:
    Electricity Available, Water Available
  • Parking Spaces:
    4
  • Garages:
    Concrete, Driveway, Parking Pad

Interior

  • Interior Features:
    Ceiling Fan(s), In-Law Floorplan
  • Appliances:
    Electric Oven, Electric Range, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Heating:
    Central, Electric
  • Cooling:
    Central Air, Electric
  • # of Stories:
    2

Exterior

  • Roof:
    Asphalt
  • Construction:
    Brick, Fiber Cement

School Information

  • Elementary:
    Glencliff Elementary
  • Middle:
    Wright Middle
  • High:
    Glencliff High School

Additional Information

  • Date Listed:
    September 11th, 2025
  • Days on Market:
    12

Listing Details

  • Listing Office:
    Parks Compass

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Listing information last updated on September 25th, 2025 at 4:23am CDT.