1602 Electric Ave Nashville, TN $ 550,000
1602 Electric Ave
$ 550,000
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1602 Electric Ave

Nashville, TN, 37206
$ 550,000
Bedrooms1 Baths1.0 Sq 1

Monthly Estimate*

$ 3,386

1602 Electric Ave, Nashville, TN 37206 - Image 1

Single Family Home for sale in Nashville, TN

for $550,000 with 1 bedroom and 1 full bath. This 1 square foot home was built in 1953 on a lot size of 0.15.

This "as-is, where-is" 1940s 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.

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Single Family Active

Price

$ 550,000

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 3,327

Style

Ranch

Lot Size

0.15

Year Built

1953

Town/City

Nashville

County/Region

Davidson

MLS | Web ID

3146898

Features
General
Living Area 1
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available Cable Connected
Possession Close Of Escrow
Roof Other
Appliances Built-In Electric Oven
Garage Spaces 0
Patio/Porch Features Porch Covered Deck
Architectural Style Ranch
Construction Materials Frame
Pets Allowed Yes
Year Built 1953
Stories Count 1
Levels One
Property Subtype Single Family Residence
County Davidson County TN
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Shelby Village
Garage Y/N N
Full Baths 1
Status Active
Buyer Financing Conventional FHA
Directions Exit the Airport: Follow signs for Terminal Dr and merge onto I-40 W.Continue on I-40: Follow I-40 W toward Nashville. Merge onto I-24: Stay on I-40 W/I-24 W and take exit 49 for S 4th St. Turn right
High School Stratford STEM Magnet School Upper Campus
City Nashville
Senior Community Y/N N
Open Parking Spaces 2
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Warner Elementary Enhanced Option
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 3327
Middle/Junior High School Thurgood Marshall Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s)
Basement Exterior Entry Partially Finished
Flooring Carpet Laminate
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 1
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Water Source Public
Total Parking 2
Lot Size Area 0.15
Building Area Total 1
Lot Dimensions 69 X 93
Lot Size Acres 0.15
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 1602
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* Excluded Features
List By
Benchmark Realty, Llc

Broker

lorimofieldrealtor@gmail.com

Email

Affordability Calculator

$3,664
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$277
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3516513 Elementary School
5417130 Middle School
Stratford STEM Magnet School Upper Campus High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$550,000 Listed Price

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1602 Electric Ave, Nashville, TN, 37206 is a Single Family Home for sale at $550,000 with 1 sqft and a lot size of 0.15. 1602 Electric Ave has 1 bedrooms, 1.0 baths, and was built in 1953. The property's zip code is 37206 which is in Nashville, TN