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 $374,900—positioned well below the $388,850 Fair Market Value by 3%. This valuation gap offers $13,950 in Instant Equity for buyers. Featuring an R8-zoned lot and a Condition Rating of 6, the structure requires significant renovation or demolition. The expansive 15,682 sqft lot provides the ideal footprint for multi-unit development. This is a strategic acquisition for Real Estate Developers or Contractors seeking a value-add project in a high-demand Nashville corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 W Bend Dr Subject | $374,900* List Price | 3 | 1 | 1,147 | $339 | - |
A 422 Croley Dr Sold | $376,500 | 3 | 1 | 1,081 | $348 | 0.1 mi |
B 443 American Rd Active | $425,000 List Price | 2 | 1 | 1,100 | $386 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1950 (>70 years old) with no evidence of renovation. The listing explicitly states the structure is unlivable ('don’t go inside') and is marketed as a builder opportunity for land value. 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 with the possibility of constructing two homes, making it an ideal opportunity for builders and developers.
Situated in the desirable 37209 zip code, the property provides quick access to downtown Nashville, local dining, and major thoroughfares.
The existing structure is in poor condition and sold as-is, requiring a complete gut renovation or total demolition before the site can be utilized.
The property is zoned for schools with lower performance ratings, which may impact its appeal to families prioritizing educational quality.
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 |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,147 | - |
| Lot Size | 15,682 | - |
| Price | $374.9K | $556.8K |
| Price per sq ft | $327 | $306 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 484 |
Jul 7, 2026
$374,900
Initial Listing