
Nashville, TN 37207
This Turnkey NOO STR Investment Property is listed at $600,000, positioned accurately at its $600,000 Fair Market Value. As a rare, legally approved non-owner occupied short-term rental just five minutes from downtown, this asset offers exceptional income potential in East Nashville’s high-growth corridor. The 2019 construction boasts an Excellent Condition Rating, featuring quartz countertops, Samsung appliances, and a private forested greenbelt view from the elevated deck. Despite limited outdoor space, the turnkey nature and STR eligibility ensure immediate cash-flow potential. This is a strategic acquisition for Short-Term Rental Investors or Portfolio Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 64 Fern Ave #4 Subject | $600,000* List Price | 3 | 3 | 1,468 | $409 | - |
A 64 Fern Ave 4 Sold | $650,000 List Price | 2 | 3 | 1,453 | 0.0 mi | |
B 1121 N 2nd Street Sold | $600,000 | 3 | 3 | 1,495 | $401 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property falls within the 10-year window for an excellent rating. The interior features modern, high-end finishes including a kitchen with stainless steel Samsung appliances, quartz countertops, and shaker-style cabinetry. The bathrooms are updated with contemporary tile work and glass-enclosed showers. With no visible deferred maintenance and a turnkey, modern aesthetic, the home meets current quality standards.
The property is an approved Non-Owner Occupied Short-Term Rental (NOO STR), a highly coveted and restricted permit type in Nashville that offers significant income potential for investors.
Situated just five minutes from downtown Nashville in a rapidly developing area of East Nashville, the property is perfectly positioned to attract high-volume tourist traffic.
Built in 2019, this contemporary townhome features sleek finishes and includes all appliances, providing a low-maintenance, move-in-ready asset with no immediate renovation needs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 871, living area = 1468.
The assigned public schools have low performance ratings (ranging from 1 to 4), which may limit the property's appeal to long-term family residents and impact future resale value to owner-occupants.
Break into Nashville's booming short-term rental market with this turnkey opportunity at 64 Fern Ave #4—an approved NOO STR (non-owner-occupied short-term rental) just 5 minutes from downtown. This 3-bedroom, 2.5-bath modern townhome is ideally positioned in one of East Nashville's most dynamic and rapidly growing areas. Built in 2019 and part of a small, professionally designed community, this home combines style, low-maintenance living, and income potential. All appliances remain, and the open layout, sleek finishes, and spacious bedrooms make it highly attractive to today's short-term rental guests. With a high-performing rental history in the area, this unit offers a rare chance to own a licensed Airbnb-ready property in Music City. Whether you're building your portfolio or entering the market for the first time, 64 Fern Ave #4 delivers the location, design, and legal setup that seasoned hosts and new investors alike are searching for.
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 | 3.0 | 2.0 | 67% |
| Square foot | 1,468 | 1,495.5 | 49% |
| Lot Size | 871 | 8,712 | 7% |
| Price | $600.0K | $377.4K | 92% |
| Price per sq ft | $409 | $240 | 91% |
| Built year | 2019 | 1971 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 133 | 358 | 9% |
Dec 10, 2025
$600,000
Initial Listing