Rare Belmont-Hillsboro opportunity with multiple paths forward. This cash flowing duplex sits on an R8 zoned lot outside the historic overlay, allowing for two detached homes to be built on site - no subdivision required, no preservation hurdles. Nestled inside one of Nashville's most sought after neighborhoods, the property is surrounded by Belmont University on all sides and positioned within walking distance of 12 South, Vanderbilt, and the city's best dining and entertainment. Belmont-Hillsboro consistently ranks among Nashville's most desirable zip codes for good reason - demand is steady, land is scarce, and new construction commands a premium. Whether you're an investor looking for immediate income, a developer ready to build, or a buyer seeking a foothold in a neighborhood that rarely opens up, this property delivers. Income today, optionality tomorrow.
Listed By
Agency Name: Fridrich & Clark Realty
Agency Phone: 6153274800
Shown By
Agent Name: Michael Osborne
Agent Phone: (615) 397-5054
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 5,713.97 per month $4,451.13 Principal & Interest $679.50 Property Tax $583.33 Homeowner's Insurance
1516 Compton Ave | MLS# 3226049
This single family home located at 1516 Compton Ave, Nashville, TN 37212 is currently listed for sale with an asking price of $2,000,000. This property was built in 1920 and has 4 bedrooms and 2 full and 2 partial baths with 2400 sq. ft. Compton Ave is located in the Avalyn Place subdivision. Search Avalyn Place real estate on www.michaelosbornerealestate.com today.