FeaturesAir Filter, Ceiling Fan(s), Extra Closets, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s), High Speed Internet
AppliancesBuilt-In Electric Oven, Built-In Gas Oven, Electric Range, Gas Range, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
HVACArray
Fireplaces2
Exterior Details
ConstructionBrick
Built In1987
Stories2
ParkingGarage Door Opener, Garage Faces Rear, Alley Access, Asphalt
FeaturesGas Grill, Storm Shelter
SewerPublic Sewer
Lot DescriptionZero Lot Line
Lot Dimensions31 X 131
Acres0.09
$3,395,000
1209 Dallas Ave #A & B
Nashville,
Tennessee37212
6 beds
4 full, 2 half baths 4,525sq. ft.
Income-Producing Luxury Compound in The Heart of 12 South -- Live, Rent, Expand or STR possible with owner occupation. Rare opportunity in prime 12 South to own all homes at 1209 Dallas Ave (two homes and one apartment). 1209A is a three-bedroom, two-and-a-half bathroom with two car garage. Long-term comps $11,000/month, Mid-term $15,000+ (niche mid-term opportunity as not many options in 12 South). 1209A offers separate full one-bedroom/one bathroom apartment over the garage, long-term comps at $2,200-$2,700/month, mid-term and STR also. 1209B the two-bedroom/one-and-a-half bathroom has been rented as a mid-term fully furnished corporate rental. Currently rented for $8,930/mo gross through August 6, 2025. Approved 1,700 square foot addition in the rear of 1209B.
This is not just a rental property, it's a luxury lifestyle asset, a multigenerational opportunity with cash-flow, long-term passive income -- true lifestyle unicorn in the heart of 12 South!
Projected $265K-$300K+ annually (long-term and mid-term blended). All units are fully renovated, all hardwoods, modern systems, vaulted ceilings, fireplaces, exposed brick, private courtyard oasis.
Perfect for: owner-occupants wanting to offset lifestyle with rental income, investors seeking stable long or mid-term returns with STR potential, multigenerational living, value-add buyers with vision -- development opportunity and great for 1031 exchange buyers.
Live in one home while your others cover your lifestyle. Or rent all three and enjoy passive income in a red-hot, unbeatable location. Walk to Sevier Park, all shopping and restaurants in 12 South.
Showings by appointment only. Buyer to verify all information.
