Residential Land for Sale in Nashville, Tennessee
1516 Compton Ave, Nashville, TN 37212
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.
Location
- Street address
- 1516 Compton Ave
- County
- Davidson County
- Zip code
- 37212
- Community
- Avalyn Place
- Elevation
- 677 feet
Directions
From Belmont Blvd turn right on Compton Ave heading towards downtown property in on the left.
Property details
- Lot size
- 0.15 acres6,534 sq ft
- Zoning
- R8
- Access
- Public road
- MLS #
- REALTRACS 3226050
- Posted
- Available
Property taxes
- Recent
- $8,154
Parcels
- 10416030200
Details and features
Listing
- Type
- Land
- Current Use
- Residential
- Inclusions
- Land Only, Land and Buildings
- Possession
- Close of Escrow
Lot
- Size Source
- Assessor
- Dimensions
- 50 X 140
- Terrain
- Corner Lot
- Road Frontage
- City Street
- Road Surface
- Asphalt, Concrete
- View
- City
Structure
- Water
- Public
- Sewer
- Public Sewer
Property utilities
| Category | Type | Status |
|---|---|---|
| Sewage | Sewer | Available |
| Water | Public | Available |
Nearby schools
| Name | Type |
|---|---|
| Waverly-Belmont Elementary School | Elementary |
| John Trotwood Moore Middle | Middle |
| Hillsboro Comp High School | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 1, 2026 | New listing | $2,000,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of June 1, 2026 11:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more