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Four-Home Short-Term Rental Portfolio
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24 FERN AVE NASHVILLE TN 37207-5046, Nashville, TN 37207

Four adjacent, fully furnished five-bedroom short-term rental residences built in 2019 with grandfathered non-owner-occupied STR permits.

Property Size2,735 SF
Price / SF$1,718
Days on Market5

Property Features for 24 FERN AVE NASHVILLE TN 37207-5046

General Information

Standard status Active
Size 2,735 SF
Property subtype Multifamily

Additional Details

Business Included Yes

Building Details

Year Built 2019
Buildings 4
Listing Agency: Berkshire Hathaway HomeServices Woodmont Realty Nashville
Listed By: Kadie Black · License #336987
Source: Crexi
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 30 at 4:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Woodmont Realty Nashville

Investment Insights

Based on property information with market context.

Fern Avenue Portfolio presents four adjacent, professionally managed short-term rental residences. Each home is fully furnished and operates as an established short-term rental, with grandfathered non-owner occupied STR permits in place. The offering is structured to allow new owners to preserve the existing permits through acquisition of the current LLC ownership structure.

Built in 2019, the portfolio totals 2,735 square feet and is offered as four-property adjacency or as individual properties. Located in Nashville’s East Bank corridor, the homes are described as just minutes from Downtown Nashville and within walking distance of a future pedestrian bridge connecting to Germantown. The East Bank redevelopment context referenced in the remarks includes Oracle’s new corporate campus, the new Nissan Stadium, and a future Tennessee Performing Arts Center.

For buyers seeking short-term rental operations with permit continuity, the Fern Avenue Portfolio is positioned for a streamlined ownership and operational transition.

Key Highlights

  • Four adjacent, professionally managed short‑term rental properties
  • Fully furnished five‑bedroom residences
  • Grandfathered non‑owner occupied STR permits included

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 37207, TN

38,719
Population
18,698
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
2,006
Density / Sq Mi
$60,102
Median Household Income
$38,115
Median Earnings
$1,200
Median Rent
$332,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Four adjacent, fully furnished five-bedroom short-term rental residences built in 2019 with grandfathered non-owner-occupied STR permits.
Where is this short term rental property located?
The property is located at 24 FERN AVE NASHVILLE TN 37207-5046 Nashville, TN.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Four adjacent, professionally managed short‑term rental properties; Fully furnished five‑bedroom residences; Grandfathered non‑owner occupied STR permits included
(615) 292-3552 Call to check price and availability
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