1429 Shelby Ave, Nashville, TN 37206
1429 Shelby Ave, Nashville, TN 37206, Active at $795,000 ($310/sq ft). 3 bd · 3.5 ba (3 full, 1 half) · 2,565 sqft · $310/sqft · 0.02 ac.
1429 Shelby Ave, Nashville, TN 37206, Active at $795,000 ($310/sq ft). 3 bd · 3.5 ba (3 full, 1 half) · 2,565 sqft · $310/sqft · 0.02 ac.
Active · $795,000
MLS #3542985 · listed April 14, 2026 · 177 days on market · updated September 7, 2026
3-bed, 3.5-bath condo at 1429 Shelby Ave in Lockeland Terrace, Nashville, 2,565 sqft, $795,000 ($310/sqft), by Compass.
1429 Shelby Ave is a 3-bedroom, 3.5-bath condo in Nashville, TN 37206, offered at $795,000, about $310/sq ft across 2,565 sq ft.
At $310/sq ft, this condo is about 14% below the Nashville 37206 median list price per square foot of $359.
Market read: the Nashville 37206 condos market is balanced, at about 5.3 months of inventory.
All-in, about $5,483/mo at 20% down (7.50% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,036/mo, roughly 19% of the all-in monthly payment.
At the current 7.50% 30-year rate, principal and interest on this condo runs about $4,447/mo; at the 6.64% rate of about three months ago it would be roughly $4,079/mo, so monthly P&I is about $368 higher now.
Next step: ask Grant Hammond anything about 1429 Shelby Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 7, 2026. Realtracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Experience the best of East Nashville living at 1429 Shelby Ave, a spacious end-unit townhome offering abundant natural light, multiple outdoor spaces, and exceptional walkability. The open-concept main level flows effortlessly between the kitchen, dining, and living areas, creating an inviting space for everyday living and entertaining. Multiple covered porches extend the living space outdoors, with mature trees providing a surprising sense of privacy in the heart of the city. Beautiful primary suite with private deck, laundry room and butlers pantry. A two-car garage plus convenient guest parking adds everyday ease. Walk to 5 Points and enjoy one of Nashville's most vibrant neighborhoods, with dining, coffee, shopping, and nightlife just minutes from your door. Offering both lifestyle and flexibility, the property also has a nine-year history as a successful income-producing short-term rental. A rare opportunity to own a light-filled end unit in one of East Nashville's most desirable locations.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1429 Shelby Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $795,000 | ||
| Deed recorded | $520,000 | ||
| Deed recorded | $340,000 |
Listed April 14, 2026, this listing has been on the market 177 days as of October 8, 2026. The asking price has not changed since it was listed.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 1429 Shelby Ave at $795,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $795,000 |
|---|---|
| HOA dues | $155 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 1429 Shelby Ave is about $5,483/mo, 20% down on a 30-year fixed at 7.50% (a conforming loan), including principal & interest $4,447, estimated property tax $466, homeowners insurance $415, and HOA dues $155. Estimate only; not a loan offer.
| Principal & interest | $4,447/mo |
|---|---|
| Property tax (est.) | $466/mo |
| Homeowners insurance (est.) | $415/mo |
| HOA dues | $155/mo |
| Estimated total | $5,483/mo |
Assumes 20% down, 30-year fixed at 7.50% (Mortgage News Daily, as of October 8, 2026). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.50% | $4,020/mo | $5,056/mo | -$427/mo |
| 7.00% | $4,231/mo | $5,267/mo | -$216/mo |
| 7.50% | $4,447/mo | $5,483/mo | current |
| 8.00% | $4,667/mo | $5,703/mo | +$220/mo |
| 8.50% | $4,890/mo | $5,926/mo | +$443/mo |
Principal & interest on a 30-year fixed at 20% down ($636,000 loan), with property tax, insurance, and HOA held constant at $1,036/mo. Current 30-year fixed 7.50% (Mortgage News Daily, as of October 8, 2026). Estimate only; not a loan offer.
Owning 1429 Shelby Ave runs about $5,483/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| HOA dues | $155 / mo (about 3% of the estimated total payment) |
|---|---|
| HOA per year | $1,860 |
| HOA over 5 years | $9,300 (at current dues) |
| Effective carrying cost | $2.156 / sq ft / mo (estimated total over 2,565 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
| Metric | This condo | Nashville 37206 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $310 | $358 median | - |
| Price position | 21st pctile | -13% vs median | - |
This listing beside the active Nashville 37206 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 8, 2026.
At $310/sq ft, this condo ranks in the 21st percentile of the 260 active condos in Nashville 37206 by price per square foot.
Computed by Grant Hammond from 260 Nashville 37206 comparables (Realtracs via IDX), as of October 8, 2026, refreshed weekly.
| Active listings | 107 in Nashville 37206 condos |
|---|---|
| Recent absorption | about 20.2 sales / mo |
| Months of inventory | 5.3 months, a balanced market |
Supply-side and recent-sale context for Nashville 37206 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37206 condos closings. Source Realtracs via IDX, as of September 28, 2026.
1429 Shelby Ave sits in Lockeland Terrace, Nashville, Davidson County.
In Nashville 37206, homes there are priced around $359 per square foot; inventory in Nashville 37206 condos is running at about 5.3 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 6, 2026.
Approximately 2.1 miles from downtown Nashville (straight-line distance).
1429 Shelby Ave is zoned for Warner Elementary Enhanced Option, Stratford STEM Magnet School Lower Campus, Stratford STEM Magnet School Upper Campus. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 1429 Shelby Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1429 Shelby Ave, by price and size.
Listed by Jaime Vlassopulos, Compass. 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 luxury condo HOA fees carried at closing rose from $667 to $834 a month across 6 downtown towers, 2024 to 2026. Building by building.
I sold condos at downtown Nashville towers for 25 years. Here is what I see in the four stalled SoBro and Midtown projects the Nashville Business Journal could not capture: Park Place, MidCity, Reed District, and the St. Regis.
The Encore condos in downtown Nashville reached sellout as the building completed its post-recession recovery, establishing stable pricing benchmarks for the downtown condo market.
5th and Main condos in Nashville recovered as FHA financing expanded buyer access and inventory declined.
As of the latest update (September 7, 2026), 1429 Shelby Ave, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1429 Shelby Ave was listed on April 14, 2026 and has been on the market 177 days as of October 8, 2026, per Realtracs.
No. The asking price has been $795,000 since it was listed on April 14, 2026.
1429 Shelby Ave, Nashville is listed at $795,000, about $310 per square foot across 2,565 square feet.
3 bedrooms and 3.5 bathrooms (3 full, 1 half).
About $310 per square foot ($795,000 across 2,565 sqft).
1429 Shelby Ave, Nashville was built in 2017.
Yes, 2 garage spaces, per the listing.
HOA dues are $155 per month, as listed.
1429 Shelby Ave, Nashville is in the Lockeland Terrace subdivision of Nashville.
About $5,483 a month with 20% down on a 30-year fixed at 7.50%, principal and interest $4,447, estimated property tax $466, insurance $415, and HOA $155. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1429 Shelby Ave, Nashville is zoned for Warner Elementary Enhanced Option, Stratford STEM Magnet School Lower Campus, Stratford STEM Magnet School Upper Campus. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $155 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $310 per square foot, 1429 Shelby Ave, Nashville is in the 20th percentile of active listings in the Nashville 37206, about 14% below the $359 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $310 per square foot, 1429 Shelby Ave, Nashville ranks in the 20th percentile of active Nashville 37206 listings by price per square foot, roughly 14% below the Nashville 37206 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37206 condos market is currently balanced, at about 5.3 months of inventory, per Realtracs as of September 28, 2026.
Thinking of selling in Lockeland Terrace?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.