12 Fern Ave A, Nashville, TN 37207, Nashville, 37207 - 3 bed, 4 bath
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Nashville, TN 37207
This Turnkey NOO STR Asset is listed at $799,000, representing a premium income-producing opportunity aligned with its $723,834 Fair Market Value. Boasting an Excellent Condition Rating, this 2016 construction features a 900-square-foot rooftop deck with panoramic Downtown Nashville skyline views. The sale includes a rare Non-Owner Occupied STR permit conveying via LLC and all furnishings, providing an immediate, high-yield revenue stream. Located minutes from the New Titans Stadium, this property is perfectly positioned for long-term appreciation. It is an ideal acquisition for Short-Term Rental Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Fern Ave A Subject | $799,000* List Price | 3 | 4 | 2,077 | $348 | - |
A 83 Lucile Street Sold | $993,640 | 4 | 4 | 2,090 | $475 | 0.2 mi |
B 410 Douglas Ave Sold | $624,000 | 4 | 4 | 1,988 | $314 | 0.7 mi |
C 405 Marshall Street 9 Sold | $599,900 List Price | 3 | 3 | 1,718 | 0.8 mi | |
D 12B Fern Ave Active | $669,995 List Price | 3 | 4 | 2,077 | $323 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property meets the criteria for excellent condition as it is less than 10 years old and appears exceptionally well-maintained. The kitchen features modern stainless steel appliances, granite countertops, a subway tile backsplash, and contemporary dark cabinetry. The bathrooms and living areas show high-quality finishes, including hardwood-style flooring, modern pendant lighting, and neutral paint. The property is fully furnished and turnkey, with no visible deferred maintenance, and includes a premium 900-square-foot rooftop deck in great condition.
The property features a rare Non-Owner Occupied Short Term Rental permit that conveys with the sale of the LLC, providing an immediate, fully furnished revenue stream in a highly regulated market.
A massive 900-square-foot rooftop deck offers panoramic views of the Downtown Nashville skyline, serving as a major competitive advantage for attracting high-end rental guests.
Situated minutes from the new Titans Stadium and River North development, the property is perfectly positioned to benefit from massive local infrastructure investment and appreciation.
The 'Stock Cooperative' sub-type and requirement to purchase an LLC for permit conveyance may complicate traditional financing options and require specialized legal due diligence.
Located in a premier Airbnb hotspot, the property faces significant competition from numerous nearby short-term rentals, which could impact occupancy rates and pricing power.
This Non-Owner Occupied Short Term Rental (NOO STR) is located on the highly desirable Fern Avenue, one of Nashville's premier Airbnb hotspots. Offering spectacular Downtown skyline views from a spacious 900sf rooftop deck, this property provides an exceptional space for both relaxation and entertaining. Zoned RM20A, it presents a prime investment opportunity. Currently utilized as an Airbnb, the home comes fully furnished and ready for immediate use. This home can be purchased along with 12B Fern Ave - MLS # 2794063 - next door and marketed with 2 NOOSTR permits. Located minutes from Downtown Nashville, Germantown, and East Nashville, and less than five minutes from the New Titans Stadium, and River North Development, this property offers unbeatable access to all the city's vibrant entertainment and dining scene.—Making it an ideal spot for both guests and investors. NOO STR permit to convey with purchase of LLC.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,077 | 1,913.5 | 85% |
| Lot Size | 1,307 | - | 93% |
| Price | $799.0K | $530.0K | 68% |
| Price per sq ft | $385 | $299 | 68% |
| Built year | 2016 | 2025 | 8% |
| HOA | $0 | $175 | 18% |
| Days on market | 426 | 360 | 60% |
Feb 20, 2025
$799,000
Initial Listing