407 W Bend Dr, Nashville, TN 37209, Nashville, 37209 - 3 bed, 1 bath
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Nashville, TN 37209
This property presents a High-Potential Investment Opportunity with a List Price of $389,900—positioned well below the $401,215 Fair Market Value by 2%. This valuation gap offers $11,315 in Instant Equity. Featuring an R8-zoned lot and a Condition Rating of 6, the structure requires a full gut or demolition. The expansive 15,682 sqft lot provides significant development upside for Fix-and-Flip Investors or Contractors seeking a strategic Nashville asset with high redevelopment potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 W Bend Dr Subject | $389,900* List Price | 3 | 1 | 1,147 | $350 | - |
A 422 Croley Dr Active | $399,900 List Price | 3 | 1 | 1,081 | $370 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1950 (74 years old) with no evidence of recent renovation. The listing explicitly warns not to enter the structure, describes it as unlivable, and markets it as a builder opportunity for a fresh start. Interior photos show a completely gutted kitchen and significant ceiling/system damage.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1147.
The R8-zoned lot offers significant investment potential, providing the opportunity to potentially develop two homes in a high-demand area.
Situated in the 37209 zip code, the property offers quick access to downtown Nashville, local dining, and major transit routes, making it highly attractive for future residents.
The existing structure is in hazardous condition and unsafe for entry, necessitating a complete demolition or an extensive and costly gut renovation.
The property is being sold strictly in as-is condition, which likely limits financing options to cash or hard money due to the uninhabitable state of the current building.
Builder Opportunity! R8-zoned lot with huge potential. Think two homes—just confirm the details. You’re a quick hop from downtown Nashville, great food, and easy access to everything. The current structure? Not great—don’t go inside. It’s an as-is sale, perfect for either a full gut job or a fresh start.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades PK-4 • 3.6 mi
Grades 5-8 • 2.1 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 | 23% |
| Square foot | 1,147 | 1,667 | 24% |
| Lot Size | 15,682 | 7,405 | 91% |
| Price | $389.9K | $485.0K | 37% |
| Price per sq ft | $340 | $329 | 53% |
| Built year | 1950 | 1956 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 734 | 1% |
Jun 2, 2026
$389,900
Initial Listing