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.