1514 5th Ave W, Springfield, TN 37172
What's special
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.
- 66 days |
- 492 |
- 37 |
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Bernie Gallerani 615-438-6658,
Bernie Gallerani Real Estate 615-265-8284
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Area: 99 Square Feet
- Dimensions: 11x9
Bedroom 3
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Area: 132 Square Feet
- Dimensions: 12x11
Living room
- Area: 378 Square Feet
- Dimensions: 18x21
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range, Dishwasher, Microwave, Stainless Steel Appliance(s)
Features
- Ceiling Fan(s), In-Law Floorplan, Redecorated
- Flooring: Wood, Laminate, Tile
- Basement: Apartment,Full
Interior area
- Total structure area: 2,746
- Total interior livable area: 2,746 sqft
- Finished area above ground: 1,626
- Finished area below ground: 1,120
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 0.62 Acres
Details
- Parcel number: 080P A 05700 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Ira Innovations
HOA
- Has HOA: No
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $290,000
- Annual tax amount: $1,882
- Date on market: 7/22/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $425,000-5.3%$155/sqft |
Source: | ||
| 7/3/2026 | Listed for sale | $449,000+12.3%$164/sqft |
Source: | ||
| 9/30/2025 | Sold | $399,900$146/sqft |
Source: | ||
| 9/18/2025 | Pending sale | $399,900$146/sqft |
Source: | ||
| 8/31/2025 | Contingent | $399,900$146/sqft |
Source: | ||
| 8/22/2025 | Listed for sale | $399,900-8%$146/sqft |
Source: | ||
| 5/29/2025 | Listing removed | $434,900$158/sqft |
Source: | ||
| 5/15/2025 | Price change | $434,900-2.2%$158/sqft |
Source: | ||
| 5/6/2025 | Listed for sale | $444,900+23.6%$162/sqft |
Source: | ||
| 5/2/2025 | Sold | $359,900-19.1%$131/sqft |
Source: Public Record Report a problem | ||
| 4/28/2025 | Contingent | $444,900$162/sqft |
Source: | ||
| 4/25/2025 | Price change | $444,900-2.2%$162/sqft |
Source: | ||
| 4/14/2025 | Price change | $454,900-1.1%$166/sqft |
Source: | ||
| 3/22/2025 | Listed for sale | $459,900+58.6%$167/sqft |
Source: | ||
| 4/19/2024 | Sold | $290,000$106/sqft |
Source: Public Record Report a problem | ||
| 4/8/2024 | Pending sale | $290,000+213.5%$106/sqft |
Source: | ||
| 7/18/2001 | Sold | $92,500$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,882 +3.6% | $72,500 |
| 2024 | $1,816 | $72,500 |
| 2023 | $1,816 +33.8% | $72,500 +94.8% |
| 2022 | $1,358 +41.6% | $37,225 |
| 2021 | $959 -29.4% | $37,225 |
| 2020 | $1,358 | $37,225 |
| 2019 | $1,358 | $37,225 |
| 2018 | $1,358 0% | $37,225 +14.7% |
| 2017 | $1,358 -2.3% | $32,450 |
| 2016 | $1,390 +3% | $32,450 |
| 2015 | $1,350 +5.4% | $32,450 +5.4% |
| 2014 | $1,281 | $30,800 |
| 2013 | -- | $30,800 |
| 2012 | $1,157 | $30,800 +0.7% |
| 2011 | $1,157 +9.9% | $30,600 |
| 2010 | $1,053 | $30,600 |
| 2009 | $1,053 | $30,600 |
| 2008 | $1,053 +9.9% | $30,600 |
| 2007 | $958 -33.9% | $30,600 -22.7% |
| 2006 | $1,449 +27.9% | $39,600 +27.9% |
| 2005 | $1,133 | $30,958 |
| 2004 | $1,133 | $30,958 |
| 2002 | $1,133 | $30,958 |
| 2001 | -- | $30,958 -72% |
| 2000 | -- | $110,743 |
Find assessor info on the county website
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