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.
Closed
$1,750,000
1516 Compton Ave, Nashville, TN 37212
--beds
--baths
6,534Square Feet
Unimproved Land
Built in ----
6,534 Square Feet Lot
$1,636,400 Zestimate®
$--/sqft
$2,834 Estimated rent
Home value
$1,636,400
$1.54M - $1.72M
$2,834/mo
Zestimate® history
Owner options
List your home for rent
$2,834/mo
Rent Zestimate®
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$2,834/mo
Rent Zestimate®
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$10,335/mo
Est. payment
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$10,335/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Donald Berschback 615-878-0669,
Fridrich & Clark Realty
Bought with:
John G. Brittle, Jr., 235429
Compass
J. Grafton Brittle III, 372761
Compass
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3226050
Facts & features
Interior
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 6,534 Square Feet
- Dimensions: 50 x 140
- Features: Corner Lot
- Topography: Corner Lot
Details
- Parcel number: 10416030200
- Zoning: R8
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Avalyn Place
HOA
- Has HOA: No
Location
- Region: Nashville
Financial & listing details
- Tax assessed value: $724,400
- Annual tax amount: $8,154
- Date on market: 6/1/2026
- Inclusions: Land Only, Land And Buildings
- Road surface type: Asphalt, Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $1,750,000-12.5% |
Source:  RealTracs MLS as distributed by MLS GRID #3226050 Report a problem | ||
| 6/9/2026 | Pending sale | $2,000,000 |
Source: RealTracs MLS as distributed by MLS GRID #3226050 Report a problem | ||
| 6/3/2026 | Listed for sale | $2,000,000 |
Source: RealTracs MLS as distributed by MLS GRID #3226050 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,154 +34.7% | $289,760 +55.8% |
| 2024 | $6,052 | $186,000 |
| 2023 | $6,052 | $186,000 |
| 2022 | $6,052 -1% | $186,000 |
| 2021 | $6,116 +5.1% | $186,000 +34.9% |
| 2020 | $5,822 +33.8% | $137,920 |
| 2019 | $4,351 | $137,920 |
| 2018 | $4,351 | $137,920 |
| 2017 | -- | $137,920 +58.8% |
| 2016 | -- | $86,840 |
| 2015 | -- | $86,840 |
| 2014 | $3,922 | $86,840 |
| 2013 | -- | $86,840 +8.1% |
| 2012 | -- | $80,360 |
| 2011 | -- | $80,360 |
| 2010 | -- | $80,360 |
| 2009 | -- | $80,360 -0.9% |
| 2008 | -- | $81,080 |
| 2007 | -- | $81,080 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: Bellmont Hillsboro
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Eakin Elementary SchoolGrades: K-5Distance: 0.8 mi
- 8/10West End Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Hillsboro High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Waverly-Belmont Elementary School
- Middle: John Trotwood Moore Middle
- High: Hillsboro Comp High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Tennessee
- Davidson County
- Nashville
- 37212
- Bellmont Hillsboro
- 1516 Compton Ave
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