1506 Electric Ave, Nashville, TN 37206
1506 Electric Ave, Nashville, TN 37206, Active at $558,000. 0.16 acres · 6,970 sqft · $3,487,500/acre · Cleared, Sloped, Views, Wooded.
1506 Electric Ave, Nashville, TN 37206, Active at $558,000. 0.16 acres · 6,970 sqft · $3,487,500/acre · Cleared, Sloped, Views, Wooded.
Active · $558,000
MLS #3179480 · listed June 20, 2026 · 35 days on market · updated July 4, 2026
0.16-acre homesite at 1506 Electric Ave in Shelby Village, Nashville, $558,000 ($3,487,500/acre), by Zeitlin Sotheby's International Realty.
1506 Electric Ave is a 0.16-acre homesite in Nashville, TN 37206, offered at $558,000.
Next step: ask Grant Hammond anything about 1506 Electric Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 4, 2026. RealTracs via IDX.
This is a vacant homesite: lot size, price per acre, and buildability are below; interior and residence data do not apply.
More context: Nashville new construction and development.
Complete reported fields for 1506 Electric Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $440,000 | — | |
| Listed | $558,000 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Financing a homesite differs from a home mortgage, lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value. Estimate only; not a loan offer.
| List price | $558,000 |
|---|---|
| Property tax basis | Assessed land value × the county assessment ratio (varies by land classification) × the Metro Nashville / Davidson County rate |
The evidence behind that pricing read:
1506 Electric Ave sits in Shelby Village, Nashville, Davidson County.
Get the full details, recent comparable sales, and any off-market options for 1506 Electric Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 1506 Electric Ave, by price and size.
Listed with Zeitlin Sotheby's International Realty. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville real estate stories: Music City Center buys $52M federal garage, BNA gains Southwest gates, new TN law speeds development approvals.
Three Nashville real estate stories shaped the week of June 7, 2026: Realtracs and Zillow listing-data dispute extending past June 8, Metro Council rejection of the downtown CBID budget by one vote, and widespread apartment concessions signaling a soft rental market.
I've been telling clients all spring that the macro housing cycle is turning and Nashville's downtown is being rebuilt from the river out. NAR's Yun called a multiyear recovery from the Nashonomics stage, Fallon broke ground on East Bank, and Metro Planning eyed a downtown air rights program.
The NFL awarded Nashville Super Bowl LXIV at a May 20 press conference at Nissan Stadium, with the 2030 game becoming the city's first Super Bowl. AJ Capital Partners' 18-acre Wedgewood Village added luxury retailers Brunello Cucinelli, Zimmermann, Staud, Malbon, and Eberjey following Hermès' October 2025 opening. Altria Group subsidiary U.S. Smokeless Tobacco will shutter its 30-acre Nashville campus in early 2028, ending more than 100 years of Nashville operations and transitioning production to Hopkinsville, Kentucky. Bonus: The Belair House, an 1883 Victorian at 2500 Woodlawn Drive, listed for $1.8 million in zip code 37212, the first time on the market in over 50 years.
As of the latest update (July 4, 2026), 1506 Electric Ave, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
1506 Electric Ave, Nashville is listed at $558,000, about $3,487,500 per acre across 0.16 acres.
0.16 acres (6,970 sqft).
About $3,487,500 per acre.
1506 Electric Ave, Nashville is in the Shelby Village subdivision of Nashville.
No HOA dues are reported for this homesite.
1506 Electric Ave, Nashville is a homesite; buildability depends on zoning, available utilities, and topography, confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.
Request a walkthrough of the parcel or submit an offer through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
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