Homes for sale - 1209 Dallas Ave, Nashville, TN 37212

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Joe Shearon

joe@shearonsells.com +1(615) 397-1969

Listed by Cindy Campobasso • Community Realty Services, Inc.

$ 3,395,000

Est. payment | -/mo

4,525 SqFt

Save

$ 3,395,000

Est. payment | -/mo

Save

4,525 SqFt

Key Details

Property Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,525 sqft

Price per Sqft $750

Subdivision Victoria Place

MLS Listing ID 2946794

HOA Y/N No

Year Built 1987

Annual Tax Amount $7,070

Lot Dimensions 31 X 131

Property Description

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. 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.

Location

State TN

County Davidson County

Zoning R8

Interior

Heating Central, Electric, Natural Gas

Cooling Ceiling Fan(s), Central Air, Whole House Fan

Flooring Wood, Tile

Fireplace N

Exterior

Garage Spaces 2.0

Utilities Available Electricity Available, Water Available

View Y/N false

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Waverly-Belmont Elementary School

Middle Schools John Trotwood Moore Middle

High Schools Hillsboro Comp High School

Others

Special Listing Condition Owner Agent

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 397-1969

joe@shearonsells.com

9175 Carothers Parkway, Suite 110, Franklin, TN, 37067

1209 Dallas Ave Nashville, TN 37212