12B Fern Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 4 bath
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12B Fern Ave
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,077Sq Ft
1,307Lot Size
Property Price
LIST PRICE$599,999
EST. MARKET VALUE
$599,999
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $609,999, which aligns with the $609,999 Fair Market Value. Featuring a Mint Condition Rating and over $15k in recent upgrades, this unit is fully turn-key. The inclusion of a rare NOO STRP permit and a massive rooftop terrace with Downtown Nashville skyline views ensures immediate cash-flow potential. This asset is perfectly positioned for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-demand, income-generating property in a prime location.
Estimated Market Value
$599,999
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12B Fern Ave Subject 3 bd · 4 ba · 2,077 sqft · $289 | $599,999* List Price | 3 | 4 | 2,077 | $289 | - |
A 6B Fern Ave Active 3 bd · 3 ba · 1,969 sqft · $317 · 0.0 mi | $625,000 List Price | 3 | 3 | 1,969 | $317 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016 and featuring over $15k in recent upgrades, this property fits the criteria for recent renovations and mint condition. The kitchen is fully modernized with dark cabinetry, stainless steel appliances, and stone countertops. The entire unit, including the rooftop deck, shows no signs of wear and requires zero maintenance, making it completely turn-key.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
The property includes a rare Non-Owner Occupied Short Term Rental (NOO STRP) permit in a high-demand area, offering immediate cash-flow potential for Airbnb or VRBO investors.
- Outdoor Living & Views
A massive rooftop terrace provides one-of-a-kind views of the Downtown Nashville skyline, serving as a significant value-add for both residents and short-term guests.
- Buyer Incentives
The listing offers substantial financial advantages, including a 1% seller credit, a $10,000 lender credit, and over $15,000 in recent upgrades, lowering the barrier to entry.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 352 days on the market, the property may face buyer skepticism regarding its pricing strategy or underlying demand in the current market cycle.
- Transaction Complexity
The requirement to acquire an LLC to maintain the STR permit adds legal and administrative layers to the transaction, which may deter buyers seeking a traditional residential purchase.
About 12B Fern Ave
Over $15k of recent upgrades and updates! Seller Offering 1% closing costs credit to Buyer. Non-Owner Occupied Short Term Rental Permitted unit (NOO STRP) located in one of the best Airbnb areas in the City - Fern Avenue. You and your guests can enjoy one-of-a-kind Downtown Nashville Skyline Views from the huge outdoor rooftop/terrace deck! Tons of recent upgrades and updates and ready for immediate cash flow. This listing on Realtracs/MLS is for the purchase of the home located at this address. There is an existing NOO STR permit that will be available in its own entity and is included in purchase price. If the Buyer wishes to continue to be able to Airbnb, VRBO, short-term rent and/or operate the STR permit for this property, that LLC will have to be a part of the transaction and planning by the Buyer. Closing for both sides to be coordinated with one title company. Preferred Lender/Broker offering $10,000 credit towards closing costs and/or interest rate buy-down.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2016
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,077 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $600.0K | $347.6K |
| Price per sq ft | $289 | $343 |
| Built year | 2016 | 2007 |
| HOA | $0 | $334 |
| Days on market | 380 | 92 |
Pricing History
Listed for Sale
Oct 16, 2026
$599,999
$609,999
-2% Price Drop
Initial Listing
Price Change
Oct 9, 2025
$609,999
Initial Listing