1209 Dallas Ave, Nashville, TN

Name: 1209 Dallas Ave, For Sale in Nashville - eXp Commercial Brokerage
Brand: Community Realty Services, Inc.
SKU: 2946794
Price: 3395000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 4525 sqft

Garage Yes

Taxes $7,070

Days Active 23

Lot Size

Approx. Age 1987

Avg. Price Per Sqft $750

MLS® Number 2946794

Property Address:

Average square foot calculated using Size range provided by listing agent.

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.Show Description

MLS® Number2946794

Laundry LevelElectric Dryer Hookup, Washer Hookup

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1987

Basement

DrivewayGarage Faces Rear

Garage Spaces

HeatCentral, Electric, Natural Gas

A/CCeiling Fan(s), Central Air, Whole House Fan

Heating Fuel

Extras

Appliances, Furniture, Negotiable

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