68 Fern Ave, Nashville, TN 37207, Nashville, 37207 - 2 bed, 3 bath
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68 Fern Ave
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,504Sq Ft
871Lot Size
Property Price
LIST PRICE$489,900
EST. MARKET VALUE
$451,094
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned above the $444,386 Fair Market Value. While the price reflects a premium, the property offers a rare, turnkey NOO STR Zoning designation, allowing for immediate, day-one revenue generation. Featuring an Excellent Condition Rating (2018 build) and an unobstructed panoramic skyline view, this asset is strategically located near the new Nissan Stadium and Oracle HQ. This is a specialized acquisition ideal for Buy-and-Hold Investors or Short-Term Rental Operators seeking high-demand infrastructure proximity.
Estimated Market Value
$451,094
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 |
|---|---|---|---|---|---|---|
★ 68 Fern Ave Subject | $489,900* List Price | 2 | 3 | 1,504 | $300 | - |
A 64 Fern Ave 4 Active | $550,000 List Price | 3 | 3 | 1,453 | $379 | 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 2018, this property is only 8 years old, meeting the under 10-year criteria for excellent condition. The interior features a modern kitchen with stainless steel appliances and stone countertops, contemporary bathrooms with updated tile work, and shows no signs of wear, indicating a mint, move-in-ready status.
PROSSTRENGTHS & OPPORTUNITIES
- NOO STR Zoning
The property is legally zoned for Non-Owner Occupied Short-Term Rentals (NOO STR), providing a rare, turnkey opportunity for immediate revenue generation in a high-demand market.
- Strategic Infrastructure Proximity
Located minutes from the new Nissan Stadium, Oracle World HQ, and the East Bank development, the property is positioned to benefit from massive local appreciation and tourism growth.
- Modern Investment Profile
Built in 2018, this 1,504 sqft home offers a contemporary 2-bedroom, 3-bathroom layout that is highly attractive to short-term travelers and modern renters.
CONSRISKS & DEFICIENCIES
- Complex Ownership Structure
The 'Stock Cooperative' type and restrictions against LLC purchases or permit transfers may complicate traditional financing and limit the pool of eligible investors.
- Underperforming School District
The property is zoned for schools with low ratings (ranging from 1 to 4), which may decrease its appeal to long-term residential families and impact future resale versatility.
About 68 Fern Ave
BEST PRICED legally zoned NOO Short Term Rental in East Nashville. Not an LLC transfer, not a grandfathered permit. True NOO zoning, so it works two ways: buy it, live in it, and rent it out when you travel so it helps cover your own mortgage, or don't live in it at all and run it full time. Skyline views, attached garage, 2018 build, modern finishes throughout. Minutes from the new Titans stadium and 550 acres of East Bank redevelopment. Nothing comparable at this price. Base property tax without STR operation: ~$4,121/yr.
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 2018
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $185 / 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 | 2.0 | 3.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 1,504 | 2,315.405 |
| Lot Size | 871 | 1,307 |
| Price | $489.9K | $716.1K |
| Price per sq ft | $326 | $313 |
| Built year | 2018 | 2020 |
| HOA | $185 | $197 |
| Days on market | 86 | 87 |
Pricing History
Listed for Sale
Aug 7, 2026
$489,900
$495,000
-1% Price Drop
Initial Listing
Price Change
Jun 15, 2026
$495,000
Initial Listing