1209 Dallas Ave A & BNashville, TN 37212
Mortgage Calculator
Monthly Payment (Est.)
$15,489Income-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.
| 3 weeks ago | Status changed to Active | |
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
Listings courtesy of Realtracs as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 2025-08-17 01:28 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.