1900 12th Ave S 311, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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Nashville, TN 37203
This High-Potential Investment Opportunity is listed at a List Price of $299,700, positioned well below the $305,571 Fair Market Value by 2%. This valuation gap offers $5,871 in Instant Equity. Featuring a Mint Condition Rating and a transferable permanent rental permit, this unit is ready for immediate occupancy or leasing. Located in the vibrant 12 South neighborhood near top-rated Glendale Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-demand urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1900 12th Ave S 311 Subject | $299,700* List Price | 1 | 1 | 600 | $509 | - |
A 1900 12th Ave S 420 Active | $335,000 List Price | 1 | 1 | 648 | $517 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is approximately 10 years old and presents in mint condition. The interior features a modern kitchen with stainless steel appliances, solid surface countertops, and fresh paint as noted in the description. The systems and finishes appear contemporary and well-maintained, requiring no immediate maintenance or updates.
Elementary School: Glendale Elementary School (9/10).
Situated in the highly sought-after 12 South neighborhood, this property offers exceptional walkability to boutique shops, dining, and Belmont University, making it ideal for students and urban professionals.
The unit includes a transferable $10,000 permanent limited rental permit with no waiting list, providing a rare opportunity for immediate rental income in a high-demand area.
With only 600 square feet of living area, the compact footprint may be a constraint for buyers seeking more storage or room for entertaining.
The building strictly prohibits short-term rentals, which limits the property's appeal to investors specifically looking for Airbnb or vacation rental opportunities.
Don't miss your opportunity to own or 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 | UNIT IS LISTED FOR SALE AND FOR RENT - RENTAL MLS # 3242445 - WITH THE $10,000 RENTAL PERMIT - NO WAITING LIST TO RENT
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 |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 600 | - |
| Lot Size | 436 | - |
| Price | $299.7K | $403.0K |
| Price per sq ft | $500 | $378 |
| Built year | 2016 | 0 |
| HOA | $219 | $0 |
| Days on market | 27 | 193 |
Jun 13, 2026
$299,700
Initial Listing