11 Fern Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 3 bath
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Nashville, TN 37207
This High-Potential Investment Opportunity is a 2024-built contemporary townhome listed at $954,999—positioned well below the $993,061 Fair Market Value by 3%. This valuation gap offers $38,062 in Instant Equity. Featuring NOO-STR zoning, a 300 sqft rooftop deck, and sweeping city views, this property is in Mint Condition. It is an ideal asset for Buy-and-Hold Investors or Short-Term Rental Operators seeking immediate income potential near the high-growth River North development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11 Fern Ave Subject | $954,999* List Price | 3 | 3 | 2,082 | $477 | - |
A 1128 Brick Church Pike Sold | $1,045,000 | 4 | 4 | 2,020 | $517 | 0.2 mi |
B 1130 Brick Church Pike Sold | $1,053,000 | 4 | 4 | 2,020 | $521 | 0.2 mi |
C 1132 Brick Church Pike Sold | $1,055,000 | 4 | 4 | 2,020 | $522 | 0.2 mi |
D 1307 Baptist World Center Drive D Sold | $1,050,000 | 4 | 4 | 1,979 | $531 | 0.4 mi |
E 1307 Baptist World Center Drive F Sold | $1,150,000 | 4 | 4 | 2,064 | $557 | 0.4 mi |
F 101 Elmhurst Ave Active | $949,000 List Price | 3 | 4 | 2,065 | $460 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2024 construction in mint condition. Features a modern kitchen with stainless steel appliances and quartz countertops, hardwood flooring, and brand-new HVAC/electrical systems. No maintenance required.
The property features rare non-owner occupied short-term rental zoning, allowing for maximum investment flexibility and high income potential through platforms like Airbnb and Vrbo without residency requirements.
Situated near the multi-billion-dollar River North development and Oracle campus, the home offers a 300 sqft rooftop deck with panoramic views of the Nashville skyline and the new Tennessee Titans stadium.
Built in 2024, this contemporary townhome features a spacious 3-bedroom, 3.5-bath open-concept layout, premium finishes, and a private 2-car garage, catering to luxury renters and buyers.
As a Stock Cooperative, the property may face more complex financing requirements and a smaller pool of lenders compared to traditional fee-simple or condominium properties.
With twelve similar units in the development and several others nearby by the same developer, investors may face high immediate competition for short-term rental bookings within the same micro-market.
Opportunity to own one of twelve NOO-STR contemporary, elevated townhomes just minutes from downtown Nashville, offering sweeping city and elevated scenic views, including views of the new Tennessee Titans stadium. These 3-bedroom, 3.5-bath homes feature modern construction, open-concept living and private outdoor spaces designed to capture the skyline. End unit with 300 sf of rooftop deck and 2-car garage. NOO-STR zoning, allowing short-term rentals (Airbnb/Vrbo) with no owner-occupancy requirement — a true rarity this close to downtown and ideal for investors seeking appreciation and strong income potential. Bonus depreciation 2026 remains at 100% under current law. Airbnb bonus depreciation rules allow full first-year expensing for qualifying property acquired and placed in service after Jan 19, 2025 under the One Big Beautiful Bill Act through Cost Segregation study. Located directly up the street from the multi-billion-dollar River North development, Nashville’s future waterfront district anchored by Oracle’s headquarters campus, along with planned retail, dining, hotels, greenways, and riverfront amenities. This area is positioned for significant long-term appreciation as development continues along with all of the Dickerson Pike/Trinity Lane development. With limited supply, elevated positioning, city and horizon views, and unmatched zoning flexibility, these homes present a compelling opportunity for both immediate rental income and long-term upside. Buy now ahead of River North’s full completion. Others for sale beside each other by same developer: 13A, B, C Fern Ave. 101, 103, 105, 107 Elmhurst. 3, 5, 7, 9, Fern Ave.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 4.0 | 45% |
| Square foot | 2,082 | 1,898 | 86% |
| Lot Size | - | - | 50% |
| Price | $955.0K | $475.0K | 66% |
| Price per sq ft | $459 | $264 | 66% |
| Built year | 2024 | 2025 | 41% |
| HOA | $130 | $175 | 31% |
| Days on market | 34 | 451 | 3% |
May 11, 2026
$954,999
Initial Listing