443 American Rd, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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Nashville, TN 37209
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $445,736 Fair Market Value by 4%. This valuation gap offers $20,736 in Instant Equity for buyers. With a Condition Rating of 6, the asset is a prime candidate for redevelopment. The R10 Zoning and Urban Zoning Overlay on a combined 0.39-acre lot provide significant upside for new construction. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking high-density development potential in Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 443 American Rd Subject | $425,000* List Price | 2 | 1 | 1,100 | $359 | - |
A 422 Croley Dr Sold | $376,500 | 3 | 1 | 1,081 | $348 | 0.3 mi |
B 603 Bagleyshop Dr Active | $465,000 List Price | 2 | 2 | 1,263 | $368 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1957 (67 years old) with no recorded renovations. The listing explicitly describes the property as a tear-down or renovation project for new construction, indicating the value is primarily in the land and zoning.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1100.
The R10 zoning and Urban Zoning Overlay (UZO) allow for one and two-family dwellings, providing a prime opportunity for a duplex or high-end new construction project.
The inclusion of the adjacent lot brings the total acreage to 0.39, offering a significantly larger footprint than standard parcels in the Charlotte Park area.
The existing 1957 structure is marketed as a renovation project or tear-down, necessitating substantial capital for demolition or a complete overhaul.
The assigned middle and high schools carry lower performance ratings (4 and 3 respectively), which may limit the property's appeal to certain family-oriented buyers.
Multiple offers received. Deadline for offers July 16, 2026 at 8pm. This would be for a renovation project or tear down with new construction build. Zoning Code: R10: One And Two Family 10,000 Square Foot Lot /Ov-Uzo: Urban Zoning Overlay. The lot to the left will also be included with this sale. Parcel ID/Tax ID 090-16-0-288.00 Acreage: 0.16 Lot Dimensions: 75 X 176 Zoning Code: R10: One And Two Family 10,000 Square Foot Lot /Ov-Uzo: Urban Zoning Overlay. Total lot size including lot to the left will be .39 acres.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 3.4 mi
Grades 5-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,100 | - |
| Lot Size | 10,019 | - |
| Price | $425.0K | $556.8K |
| Price per sq ft | $386 | $306 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 484 |
Jun 19, 2026
$425,000
Initial Listing