1602 Electric Ave, Nashville, TN 37206

$450,000
1
BD
1
BA
1,320
SqFt

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Sold Price
$450,000
List Price
$525,000
Status
CLOSED
Days on Market
21
Closing Date
Apr 30, 2026
MLS#
3146898
Subtype
Residential
Style
Ranch
Year Built
1953
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
1,320
Lot Size
6,534
Acres
0.15
Subdivision
Shelby Village

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.

Additional Information

Property Description
Ranch
Exterior Construction
Frame
Stories
1
Elementary School
Warner Elementary Enhanced Option
Middle School
Thurgood Marshall Middle
High School
Stratford STEM Magnet School Upper Campus

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Listing courtesy of Benchmark Realty, LLC. Selling Office: Benchmark Realty, LLC.

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