
Nashville, TN 37203
This Modern Turnkey Condominium is listed at $364,900, offering a premium residential opportunity in the heart of Nashville’s 12 South neighborhood. While the $326,374 Fair Market Value reflects standard market comparables, the valuation is significantly bolstered by a $10,000 transferable permanent rental permit, providing a rare and immediate income advantage. Boasting an Excellent Condition Rating, the unit features quartz countertops, stainless appliances, and a private patio with a forested greenbelt view. Zoned for the 9/10 Glendale Elementary School, this property balances high-end urban amenities with long-term financial utility. It is ideal for Owner-Occupants or Long-Term Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1900 12th Ave S 311 Subject | $319,900* List Price | 1 | 1 | 600 | $511 | - |
A 1900 12th Ave S 420 Active | $349,999 List Price | 1 | 1 | 648 | $540 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year window for an excellent rating. The unit features a modern kitchen with stainless steel Frigidaire appliances, quartz countertops, and contemporary flat-panel cabinetry. The interior is well-maintained with updated wood-look flooring, fresh paint, and modern light fixtures, showing no signs of deferred maintenance or significant wear.
Elementary School: Glendale Elementary School (9/10).
Situated in the heart of the vibrant 12 South neighborhood, this property offers exceptional walkability to premier dining, boutique shopping, and is just steps from Belmont University.
The inclusion of a $10,000 permanent limited rental permit that transfers to the buyer provides a significant financial advantage and immediate income potential for investors.
Short-term rentals are strictly prohibited by the association, which limits the property's appeal to investors specifically seeking high-turnover vacation rental yields.
At 600 square feet, the compact footprint of this one-bedroom unit may be a constraint for owner-occupants requiring more storage or a more spacious layout.
Live in one of Nashville's hottest urban neighborhoods - 12 South! | Also calling all Investors | Proven rental income | Owner paid $10,000 for a permanent limited rental permit which will transfer to buyer | Unit can be rented immediately in this high demand rental area | Walkable to hip boutique shops, bars, restaurants and coffee shops | Adjacent to Belmont University so perfect condominium for a student or grad student...just 2 minutes from campus | Protected bike lanes now connect 12 South to the Gulch | The Chelsea Condos amenities include secure garage parking, grill and picnic area, welcome lobby, package room, sky lounge, sundeck, fitness center, recording/music room, bike storage and a dog wash station | Entire building is secured with gated parking and a security fob for all exterior doors and security fob to operate elevators | Short term rentals not allowed | Just minutes from Sevier Park, Music Row, Hillsboro Village, Belmont, and Vanderbilt | New paint | Washer & Dryer remain
No exterior & parking available.
Grades PK-4 • 2.6 mi
Grades 5-8 • 2.5 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 37% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 600 | 1,092 | 6% |
| Lot Size | 436 | 871 | 25% |
| Price | $319.9K | $460.0K | 30% |
| Price per sq ft | $533 | $429 | 66% |
| Built year | 2016 | 2014 | 63% |
| HOA | $219 | $489 | 19% |
| Days on market | 315 | 302 | 52% |
Apr 8, 2026
$319,900
$364,900
-12% Price Drop
Initial Listing
Jun 12, 2025
$364,900
Initial Listing