64 Fern Ave 5, Nashville, TN 37207, Nashville, 37207 - 3 bed, 3 bath
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Nashville, TN 37207
This Turnkey NOO STR Asset is listed at $599,000, representing a strategic acquisition compared to its $520,421 Fair Market Value. This valuation reflects the property's rare non-owner-occupied short-term rental eligibility and Excellent Condition Rating. Built in 2019, the residence features modern finishes, two private balconies, and panoramic Nashville skyline views. Sold fully furnished, the property is optimized for immediate cash flow in a high-demand tourism market. This high-performing asset is a premier choice for Short-Term Rental Investors or Portfolio Builders seeking a licensed, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 64 Fern Ave 5 Subject | $599,000* List Price | 3 | 3 | 1,451 | $359 | - |
A 1221 N 5th St Sold | $525,000 | 2 | 4 | 1,753 | $299 | 0.9 mi |
B 64 Fern Ave 4 Active | $600,000 List Price | 3 | 3 | 1,453 | $413 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is well within the 10-year window for an excellent rating and appears to be in like-new condition. The kitchen is modern with white shaker cabinetry, stainless steel appliances, and stone countertops. The bathrooms feature contemporary tile work and double vanities. Overall, the home shows no signs of deferred maintenance, featuring high-quality flooring, recessed lighting, and modern fixtures throughout.
The property is eligible for a non-owner-occupied short-term rental permit, offering significant investment potential in Nashville's lucrative tourism market.
Sold fully furnished and move-in ready, this 2019-built home allows for immediate income generation or a seamless transition for a primary resident.
Two private balconies provide stunning views of the downtown Nashville skyline, a highly sought-after feature that enhances property value and guest appeal.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned public schools carry low ratings, including a 1/10 for the high school, which may limit the property's appeal to long-term family buyers.
With a lot size of only 871 square feet, the property offers virtually no private yard space, which could be a drawback for buyers with pets or those desiring outdoor seclusion.
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.
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 | 4.0 | 38% |
| Square foot | 1,451 | 1,898 | 8% |
| Lot Size | 871 | - | 73% |
| Price | $599.0K | $530.0K | 55% |
| Price per sq ft | $413 | $299 | 68% |
| Built year | 2019 | 2025 | 23% |
| HOA | $125 | $175 | 33% |
| Days on market | 42 | 342 | 3% |
Mar 11, 2026
$599,000
Initial Listing