304 37th Ave N, Nashville, TN 37209, Nashville, 37209 - 3 bed, 1 bath
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Nashville, TN 37209
This Prime Development-Ready Lot represents a strategic acquisition in the high-demand 37209 zip code, offered at a List Price of $425,000. Positioned relative to a $349,825 Fair Market Value, the asset's primary worth is held in the 6,970 sqft lot and its exceptional walkability to the Charlotte Avenue retail corridor. Given the Unlivable Condition Rating, the value-add strategy focuses on a total tear-down to maximize ROI through new residential construction. This site is a high-potential canvas for Real Estate Developers or Fix-and-Flip Investors looking to capitalize on Nashville’s urban core growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 304 37th Ave N Subject | $425,000* List Price | 3 | 1 | 1,044 | $335 | - |
A 3727 Nevada Ave Sold | $409,000 List Price | 3 | 2 | 1,356 | 0.2 mi | |
B 3723 Elkins Ave Sold | $430,000 | 2 | 1 | 960 | $448 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is 53 years old (built 1971) with no recorded renovations. The listing description explicitly states the house is not worth repairing and is being sold for lot value only, meeting the criteria for unlivable condition.
Located in the high-demand 37209 zip code near Sylvan Park, this lot offers a significant opportunity for new construction in a rapidly appreciating Nashville market.
The property is situated just 0.14 miles from Park Avenue Elementary and offers convenient access to the vibrant dining and retail corridors of Charlotte Avenue.
Priced specifically for lot value, this property provides a 'blank canvas' for builders or investors to maximize ROI through a modern residential build.
The existing 1971 home is explicitly noted as not worth repairing, requiring the buyer to factor in immediate demolition and site preparation costs.
While the elementary options are strong, the assigned middle and high schools currently have lower performance ratings, which may impact long-term resale appeal for families.
Property is being sold for lot value. The house is not worth repairing.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades PK-4 • 1.0 mi
Grades K-4 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 1,044 | 1,640 | 17% |
| Lot Size | 6,970 | 7,405 | 39% |
| Price | $425.0K | $525.0K | 36% |
| Price per sq ft | $407 | $342 | 69% |
| Built year | 1971 | 1960 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 690 | 0% |
Apr 16, 2026
$425,000
Initial Listing
Nov 19, 2024
$229,000
Public Record