$525,000

1602 Electric Ave, Nashville, TN 37206

1 bed |
1 bath |
1,320 sqft

Single-Family Home
Built in 1953
6,534sqft lot
—— car garage
$398/sqft
Listed 15 days ago

Property Description

"MOTIVATED SELLER!" This "as-is, where-is" 1950s ranch-style home presents a premier development opportunity in the heart of East Nashville's Shelby Hills. Situated on a lot that directly backs up to the 300-acre Shelby Park, the property offers rare potential for high-end residential construction in a neighborhood already characterized by multimillion-dollar new builds. Original square footage of 1481 with primary bedroom and bath on primary floor with walk-in/partially finished basement, heated and cooled. Unparalleled Backyard: The rear yard backs up to Shelby Park's golf courses, disc golf, river views, and extensive trail systems. Zoning & Scale: Classified under RS5 zoning (Single-Family Residential), the ~6,534 sq. ft. lot is ideal for a luxury replacement home that matches the neighborhood's rapidly appreciating market. Investment Context: Nearby luxury listings regularly exceed $2.5M to $3M+, signaling strong demand for high-end inventory in this East Nashville pocket. Located in one of Nashville's most vibrant and sought-after communities, known for its eclectic dining, boutique shopping, and active arts scene. Minutes away from local favorites like Rosepepper Cantina, Two Ten Jack, and the Five Points hub. Enjoy a peaceful, park-adjacent setting while remaining less than 2.5 miles from Downtown Nashville and major interstate connectors like I-24. Buyer and Buyer's agent to verify all information deemed to be correct.

Listing Status:: Active
Date Added:: March 10, 2026
Data Last Updated:: March 24, 2026 at 10:19PM
Listing Office:: Benchmark Realty, LLC : 6155640440
Listing Agent:: Lori Mofield : 6155640440
MLS ID:: 3146898

General: Ceiling Fan(s)
Appliances: Built-In Electric Oven
Laundry: Electric Dryer HookupWasher Hookup
Basement: Exterior EntryPartially Finished
Flooring: CarpetLaminate
A/C: Central Air
Heating: Central
Fireplace: Fireplaces: 0

Style: Ranch
Other Structures: PorchDeckCovered
Parking: Parking spaces: 2

Roofing: Other
General: One

Originating MLS: realtrac
County: Davidson CountyTN

Zoning: 09401045600

Utilities: Water AvailableCable Connected
Water: Public
Sewer: Public Sewer

Source: realtrac

This listing courtesy of Lori Mofield , Benchmark Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Kipp Academy Nashville Elementary School

1000 Sevier St, Nashville, TN, 37206

Grades KG-4

0.51 miles away

East Nashville Middle School

110 Gallatin Ave, Nashville, TN, 37206

Grades 5-8

1.01 miles away

East Nashville Magnet High School

110 Gallatin Ave, Nashville, TN, 37206

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.