1506 Electric Ave, Nashville TN 37206
East Nashville's most coveted lots rarely come permit-ready. This one does. Set on Electric Avenue with sweeping views of Shelby Park, the groundwork is already laid for a 4,100+ sq ft masterpiece — 6 beds, 4.5 baths, and a ground-floor mother-in-law suite with real income potential. Treetop views from every level create a calm, natural retreat that feels miles from the city, yet you're steps from Frothy Monkey, Lockeland Table, and the Shelby Park trails. Demo is done, plans are drawn, permits are pulled. All that's missing are your finishing touches. Bring your own builder or let us connect
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Nashville
This property is grouped with the current listings without a reported bedroom count in Nashville. Its asking price falls near the 41st percentile of that active group. The comparison uses 675 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 130 days, while the current cohort averages 75 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $640,000, and the median is $443 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1420 Fulton St | Sep 8, 2026 | 3 bd · 900 sqft | $314,600 | 0.1 mi |
| 1703 Sevier St | Jun 29, 2026 | 4 bd · 2,640 sqft | $1,160,000 | 0.2 mi |
| 604 S 15th St | Jun 4, 2026 | 3 bd · 1,000 sqft | $350,000 | 0.2 mi |
| 1802 Electric Ave | Aug 7, 2026 | 3 bd · 1,655 sqft | $720,000 | 0.2 mi |
| 1507 Long Ave | Sep 2, 2026 | — · 1,252 sqft | $560,000 | 0.2 mi |
| 1507 Long Ave | Sep 2, 2026 | 2 bd · 1,252 sqft | $560,000 | 0.2 mi |
| 1627 Long Ave | Aug 26, 2026 | 4 bd · 2,248 sqft | $1,010,000 | 0.2 mi |
| 1506 Shelby Ave | Jul 1, 2026 | 3 bd · 2,000 sqft | $925,000 | 0.2 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $558,000 · Active
- $518,000 · Active
Location reference points
How this address sits within the Nashville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester59.2 miles straight-line · roughly 106 driving minutes
- Downtown Manchester59.9 miles straight-line · roughly 107 driving minutes
- Downtown Tullahoma63.2 miles straight-line · roughly 113 driving minutes
- Arnold Air Force Base64.9 miles straight-line · roughly 116 driving minutes
Continue comparing
Similar active homes in Nashville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Nashville homes for sale · See the Nashville market report