
Nashville, TN 37207
This Premium NOO-STR Short-Term Rental Asset is listed at $799,999, reflecting a strategic premium over the $682,191 Fair Market Value due to its rare zoning and high-yield potential. Boasting an Excellent Condition Rating, this 2023 contemporary build features Panoramic Nashville Skyline Views and immediate proximity to the River North Development. The property is optimized for tax efficiency through Bonus Depreciation and is situated near the future Oracle campus. This turnkey, income-generating property is a sophisticated acquisition for Short-Term Rental Investors or Institutional Buyers targeting Nashville’s high-growth corridors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 Fern Ave Subject | $799,999* List Price | 3 | 4 | 1,742 | $392 | - |
A 1409 Napoleon Sold | $925,000 List Price | 4 | 4 | 1,844 | 0.3 mi | |
B 405 Marshall Street 9 Sold | $599,900 List Price | 3 | 3 | 1,718 | 0.8 mi | |
C 83 Lucile Street Sold | $993,640 | 4 | 4 | 2,090 | $475 | 0.1 mi |
D 13A Fern Ave Active | $929,000 List Price | 3 | 4 | 2,020 | $460 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2023, meeting the criteria for a newly constructed home. The interior features high-end contemporary finishes, including hardwood flooring, a modern kitchen with dark cabinetry and quartz countertops, and matte black fixtures. The bathrooms are updated with current tile trends and glass-enclosed showers. All major systems, appliances, and structural components are virtually new with no deferred maintenance or physical depreciation.
The property features highly coveted Non-Owner Occupied Short-Term Rental zoning, allowing for maximum investment flexibility and high income potential through platforms like Airbnb without residency requirements.
Positioned near the multi-billion-dollar River North development and Oracle campus, the home offers elevated, sweeping views of the Nashville skyline and the new Tennessee Titans stadium.
Built in 2023, this contemporary townhome offers a 3-bedroom, 3.5-bath open-concept layout specifically designed to capture skyline views and appeal to high-end rental guests.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1742, other record living area = 1788.
The property is listed as a Stock Cooperative, a rare ownership type in the Nashville market that can complicate traditional mortgage financing and limit the pool of eligible buyers.
With twelve similar units in the development and several others nearby by the same developer, owners may face significant competition for rental bookings and future resale value.
Opportunity to own one of twelve NOO-STR contemporary, elevated townhomes just minutes from downtown Nashville, offering sweeping city and elevated scenic views, including views of the new Tennessee Titans stadium. These 3-bedroom, 3.5-bath homes feature modern construction, open-concept living designed to capture the skyline. NOO-STR zoning, allowing short-term rentals (Airbnb/Vrbo) with no owner-occupancy requirement — a true rarity this close to downtown and ideal for investors seeking appreciation and strong income potential. Bonus depreciation 2026 remains at 100% under current law. Airbnb bonus depreciation rules allow full first-year expensing for qualifying property acquired and placed in service after Jan 19, 2025 under the One Big Beautiful Bill Act through Cost Segregation study. Located directly up the street from the multi-billion-dollar River North development, Nashville’s future waterfront district anchored by Oracle’s headquarters campus, along with planned retail, dining, hotels, greenways, and riverfront amenities. This area is positioned for significant long-term appreciation as development continues along with all of the Dickerson Pike/Trinity Lane development. With limited supply, elevated positioning, city and horizon views, and unmatched zoning flexibility, these homes present a compelling opportunity for both immediate rental income and long-term upside. Buy now ahead of River North’s full completion. Others for sale beside each other by same developer: 13A, B, C Fern Ave. 101, 103, 105, 107 Elmhurst. 3, 5, 7, 11 Fern Ave.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,742 | 1,898 | 18% |
| Lot Size | - | - | 50% |
| Price | $800.0K | $530.0K | 68% |
| Price per sq ft | $459 | $299 | 68% |
| Built year | 2023 | 2025 | 35% |
| HOA | $284 | $188 | 80% |
| Days on market | 35 | 342 | 3% |
Mar 18, 2026
$799,999
Initial Listing