64 Fern Ave 5, Nashville, TN 37207, Nashville, 37207 - 3 bed, 3 bath
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64 Fern Ave 5
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,451Sq Ft
871Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$504,712
8% AboveMARKET VALUE
SUMMARY
This Turnkey Short-Term Rental Asset is a High-Potential Investment Opportunity, listed at $549,000—positioned above the $504,712 Fair Market Value. While priced at a premium, the property offers immediate income potential as a permitted NOO short-term rental. Featuring a Mint Condition Rating, modern finishes, and Panoramic Downtown Views from two private balconies, this unit minimizes capital expenditure. Despite lower-rated local schools, the high-demand location and turnkey status make this an ideal acquisition for Buy-and-Hold Investors or Second-Home Owners seeking a high-visibility Nashville property.
Estimated Market Value
$504,712
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 |
|---|---|---|---|---|---|---|
★ 64 Fern Ave 5 Subject 3 bd · 3 ba · 1,451 sqft · $348 | $549,000* List Price | 3 | 3 | 1,451 | $348 | - |
A 64 Fern Ave 13 Active 2 bd · 2 ba · 1,074 sqft · $461 · 0.0 mi | $495,000 List Price | 2 | 2 | 1,074 | $461 | 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 2019, this property is less than 10 years old and in mint condition. It features a modern kitchen with stainless steel appliances and an island, updated bathrooms with double vanities and contemporary tiling, and hardwood flooring throughout with no visible maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
The property is eligible for a non-owner-occupied (NOO) short-term rental permit, offering significant income-generating potential in a high-demand Nashville market.
- Turnkey Condition
Sold fully furnished and built in 2019, this modern condominium is ready for immediate occupancy or rental, minimizing upfront capital expenditure for the buyer.
- Prime Views & Outdoor Space
Features two private balconies providing impressive views of downtown Nashville, a premium feature that enhances both guest experience and overall property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 797.
- Extended Market Time
With 199 days on the market, the property has significantly exceeded average listing durations, which may indicate pricing misalignment or buyer hesitation.
- Low School Ratings
The assigned public schools have low performance ratings, specifically a 1/10 for the high school, which could limit the property's appeal to long-term resident families.
About 64 Fern Ave 5
Turnkey Short-Term Rental Opportunity! Enjoy stunning downtown views from not one, but two private balconies in this beautifully furnished East Nashville gem! This unit is eligible to be permitted as a non-owner-occupied (NOO) short-term rental, making it an excellent investment opportunity. Located near some of the most vibrant neighborhoods, top-rated restaurants, and buzzing local businesses, you’ll be right in the heart of the city’s charm. Sold fully furnished, this stylish space is ready to generate income from day one or simply become your personal city escape.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $125 / Month
Neighborhood Insights
Nashville Unified Schools
Robert E. Lilliard @ Kings Lane Design Center
Grades K-4 • 3.3 mi
4/10
Joelton Middle School
Grades 5-8 • 9.5 mi
3/10
Whites Creek Comp High School
Grades 9-12 • 6.0 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,451 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $549.0K | $347.6K |
| Price per sq ft | $378 | $343 |
| Built year | 2019 | 2007 |
| HOA | $125 | $334 |
| Days on market | 227 | 92 |
Pricing History
Listed for Sale
Mar 11, 2026
$549,000
Initial Listing