62 Fern Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 4 bath
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Nashville, TN 37207
This High-Yield NOO STR Asset represents a Strong Value Opportunity with a List Price of $850,000—positioned well below the $926,090 Fair Market Value by 8%. This valuation gap secures $76,090 in Instant Equity. Boasting a Pristine Condition Rating, this furnished townhome features a private rooftop deck with skyline views and rare MUG-A zoning. Despite lower-rated schools like Whites Creek High, the proximity to the Oracle Campus drives high demand. This is a premier 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 |
|---|---|---|---|---|---|---|
★ 62 Fern Ave Subject | $850,000* List Price | 3 | 4 | 1,955 | $474 | - |
A 1409 Napoleon Sold | $925,000 List Price | 4 | 4 | 1,844 | 0.2 mi | |
B 1128 Brick Church Pike Sold | $1,045,000 | 4 | 4 | 2,020 | $517 | 0.1 mi |
C 1132 Brick Church Pike Sold | $1,055,000 | 4 | 4 | 2,020 | $522 | 0.1 mi |
D 1307 Baptist World Center Drive D Sold | $1,050,000 | 4 | 4 | 1,979 | $531 | 0.2 mi |
E 1307 Baptist World Center Drive A Sold | $1,050,000 | 4 | 4 | 1,979 | $531 | 0.2 mi |
F 1307 Baptist World Center Drive B Sold | $1,050,000 List Price | 4 | 4 | 1,979 | 0.1 mi | |
G 12 Fern Ave A Active | $799,000 List Price | 3 | 4 | 2,077 | $385 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019 and featuring a recent total renovation, this property is in mint, turnkey condition. It includes brand-new luxury appliances, quartz countertops, and modern smart-home systems, meeting all criteria for a top-tier rating with no maintenance required.
Zoned MUG-A for non-owner-occupied short-term rentals (NOO STR), this property offers a rare and lucrative investment opportunity in a high-demand area near downtown Nashville.
The townhome is completely renovated and sold fully furnished, featuring a private rooftop with skyline views, high-end appliances, and a rare attached two-car garage.
Positioned near the upcoming Oracle Campus and East Bank redevelopment, the property is ideally located to benefit from massive local infrastructure growth and future appreciation.
The assigned public schools have low performance ratings, ranging from 1 to 4, which may deter long-term resident families and impact future resale to owner-occupants.
With a lot size of only 871 square feet, the property lacks a traditional yard or private green space, which is a common trade-off for high-density urban living.
TOTAL NEW RENOVATION + SKYLINE ROOFTOP VIEWS!!! COMPLETELY TURNKEY — fully furnished skyline-rooftop townhome that makes the ultimate luxury pied-à-terre second home with income producing potential as a non-owner-occupied short-term rental (NOO STR) in MUG-A—a rare setup for buyers seeking Airbnb / VRBO potential near River North / East Bank / Germantown / Five Points area that will transform the face of Downtown Nashville, featuring the new Oracle Campus, Nissan Stadium, TPAC, Topgolf, and so much more! This 3BR / 3.5BA designer townhome sleeps 10 and is built for 5-star stays: sweeping skyline rooftop views, NEW GOAT luxury turf, retractable awning, fire pit, and Instagram-worthy outdoor lounge space. Inside: bright open-concept living, quartz countertops, brand-new luxury appliances, smart-home features, and multiple ensuite-style bedrooms for guest privacy and stronger nightly rates. Operational details are dialed in with a custom owner’s closet w/ built-ins, upscale housewares, full laundry, and a rare attached 2-car garage. Investor + tax advantage: a cost segregation study conveys to support an accelerated depreciation strategy. Buyers should consult their CPA about bonus depreciation eligibility and timing (rules and “placed-in-service” requirements apply), but this setup can be a powerful Year-1 tax planning play for a furnished STR/second home hybrid. Also conveys: Haverty’s furnishings, Pottery Barn bedding, and (where allowed/transferable) existing bookings—so you can enjoy it as a Nashville getaway and let it produce income when you’re not here.
No exterior & parking available.
Grades K-4 • 3.3 mi
Grades 5-8 • 9.5 mi
Grades 9-12 • 6.0 mi
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 | 1,955 | 1,898 | 66% |
| Lot Size | 871 | - | 83% |
| Price | $850.0K | $475.0K | 66% |
| Price per sq ft | $435 | $264 | 66% |
| Built year | 2019 | 2025 | 24% |
| HOA | $125 | $175 | 31% |
| Days on market | 101 | 451 | 3% |
Mar 5, 2026
$850,000
Initial Listing