68 Fern Ave, Nashville, TN 37207, Nashville, 37207 - 2 bed, 3 bath
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Nashville, TN 37207
This Legally Zoned NOO Short-Term Rental townhouse represents a Strong Value Opportunity, listed at $499,000—positioned well below the $468,493 Fair Market Value by 6%. Built in 2018, the property maintains a Condition Rating of 2, featuring modern finishes and panoramic skyline views. Its strategic location near the Oracle Headquarters and the new Titans stadium ensures robust rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a turnkey, high-yield investment in East Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68 Fern Ave Subject | $495,000* List Price | 2 | 3 | 1,504 | $282 | - |
A 110 Duke St 21 Active | $549,900 List Price | 2 | 3 | 1,552 | $354 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well under the 10-year age threshold for excellent condition. The interior features modern finishes, including a contemporary kitchen with quartz countertops and stainless steel appliances, and updated bathrooms in mint condition requiring no maintenance.
The property is legally zoned for Non-Owner Occupied Short-Term Rentals (NOO STR) and is not an LLC transfer, providing a rare and highly valuable turnkey investment opportunity in the East Nashville market.
Situated near the future Oracle World Headquarters and the new Titans stadium, the property is perfectly positioned to benefit from significant long-term appreciation and consistent rental demand from major local economic drivers.
Built in 2018, this townhouse features contemporary finishes, an attached garage, and impressive skyline views, all of which are high-priority amenities that enhance guest experience and rental premiums.
The assigned public schools have very low ratings (ranging from 1 to 4), which may restrict the property's resale appeal to traditional families or long-term owner-occupants.
The property faces elevated property taxes due to its STR permit status, which, combined with the monthly association fee, increases the annual overhead and may impact net ROI for investors.
Legally zoned NOO STR — no LLC purchase, no permit transfer. Clean zoning, day-one operation. The demand infrastructure surrounding this property is unmatched. The new Nissan Stadium opens February 2027 — the only NFL venue ever built with permanent in-bowl concert stages, engineered to attract world tours year-round. Concerts begin before the Titans play a single game. Nashville was unanimously awarded Super Bowl LXIV in February 2030. Oracle World HQ is rising steps away. The East Bank Development Authority and Titans are extending the Siegenthaler Pedestrian Bridge for direct stadium and greenway access. Oracle’s Foster + Partners–designed pedestrian bridge across the Cumberland is in Metro review now. The Boring Company’s Music City Loop tunnel — downtown to BNA in 8 minutes — broke ground February 2026. These aren’t amenities. They’re infrastructure. And they’re all within minutes of this address. Base property tax without STR operation: ~$4,121/yr. Buyer to verify all STR permit details
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 | 2.0 | 3.0 | 20% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,504 | 1,484 | 50% |
| Lot Size | 871 | 871 | 50% |
| Price | $495.0K | $397.5K | 70% |
| Price per sq ft | $329 | $234 | 90% |
| Built year | 2018 | 2023 | 30% |
| HOA | $185 | $175 | 50% |
| Days on market | 32 | 249 | 10% |
Jun 11, 2026
$495,000
$499,000
-1% Price Drop
Initial Listing
May 13, 2026
$499,000
Initial Listing