The Quarters

Last updated: May 16, 2026

The Quarters at 178 Second Avenue North is a 2006 historic loft conversion in Downtown Core, Downtown Nashville, developed by Gene Gilbert, holding 32 residential units across 4 stories, with a unit mix spanning 1-2 bedroom lofts. Currently, MLS records show no closed sales and no active inventory at the building in the trailing 18 months. The Quarters remains a historically dormant condo address in Downtown Core, with available units appearing infrequently when current owners list. Buyers searching for Quarters condos Nashville most often land at The Quarters.

Specifically, The Quarters sits within the Second Avenue Historic District, the area affected by the December 25, 2020 Christmas Day explosion. Reconstruction of the surrounding block continues under the Metropolitan Development and Housing Agency Second Avenue Rebuild program. For current corridor status, see the MDHA program page. For broader context, see how The Quarters compares to neighboring downtown buildings including Exchange, Ambrose Lofts.

Current Quarters Condos for Sale

Active MLS listings at The Quarters, sorted by price descending. Listings refresh from the current Greater Nashville REALTORS feed.

(all data current as of 5/16/2026)

Listing information deemed reliable but not guaranteed.

What Is The Quarters?

Currently, The Quarters is a 2006 historic loft conversion at 178 Second Avenue North in Downtown Core. The building holds 32 residential units across 4 stories, with a unit mix spanning 1-2 bedroom lofts.

Construction completed in 2006, under Gene Gilbert.

For context, the Downtown Core corridor anchors a working mix of state government, entertainment district employment, downtown corporate offices, and hospitality. Within a five-minute walk, residents reach Bridgestone Arena, the Schermerhorn Symphony Center, and the Cumberland River walking corridor.

At a Glance
Address: 178 Second Avenue North, Nashville, TN 37201

Year completed: 2006

Stories: 4

Total units: 32

Unit mix: 1-2 bedroom lofts

Parent neighborhood: Downtown Core / Second Avenue Historic District

The Quarters Condo Prices in 2026

Currently, no closed sales and no active inventory record at The Quarters in the trailing 18 months. The building does not trade frequently on the open MLS.

For buildings in this category, owner turnover happens off-market, via private sale to neighbors, or through estate transfers. Buyers interested in The Quarters should track the building directly and expect to underwrite any unit against neighboring downtown comparables at the same unit count and conversion vintage.

• No closed comps: 0 closed sales recorded in the trailing 18 months per the Greater Nashville REALTORS MLS.
• Comp set: neighboring downtown loft and condo conversions at the same vintage and unit count.

For broader Downtown Nashville pricing context, see the Downtown Nashville condos guide.

The Quarters Amenities

For prospective buyers, The Quarters delivers an amenity package consistent with its 2006 vintage and 4-story footprint. Specifically, the building’s value is split between on-site features and corridor walkability.

• Historic loft envelope
• Exposed brick and original timber
• High ceilings
• On-street and nearby garage parking
• Secured entry with controlled-access lobby
• Elevator access throughout the residential floors
• Pet-friendly per HOA bylaws (verify weight and breed restrictions)

Overall, the building’s strongest amenity is location, not on-site features. In short, residents step directly into the downtown Nashville walking grid with the Cumberland River, the Lower Broadway entertainment district, and the central business district all within a 10-minute walk.

Living at The Quarters

For context, The Quarters sits within Downtown Core. Notably, the building places residents three blocks east of the Cumberland River walking corridor, two blocks east of Bridgestone Arena, and four blocks south of Lower Broadway.

Additionally, the building sits within walking distance of the Schermerhorn Symphony Center, the Country Music Hall of Fame, and the Cumberland River walking corridor. Today, the corridor anchors a working mix of state government, downtown corporate offices, and the Lower Broadway hospitality sector.

For commute context, the building sits directly within downtown Nashville. Furthermore, Nashville International Airport sits roughly 12 minutes east via Korean Veterans Boulevard, and Vanderbilt University sits 8 minutes west via West End Avenue.

The Quarters Floor Plans

Specifically, The Quarters carries a unit mix spanning 1-2 bedroom lofts. The MLS-documented closings in the trailing 18 months cover the building’s working floor plates at each unit size.

• No closed comps: floor plate count and square-foot ranges drawn from the building’s original conversion plans. Verify per current HOA records.

In particular, upper-floor units carry the strongest views and command the highest per-foot pricing within the building. By contrast, lower-floor plates trade at the lowest per-sf pricing and present the strongest entry point for first-time downtown condo buyers.

The Quarters Investment Outlook

Overall, The Quarters draws three buyer profiles. First, downtown professionals target the smaller floor plates for walkability to the central business district, Bridgestone Arena, and Lower Broadway. The unit-mix range delivers useful primary-residence space at a price band below comparable new-construction inventory in the Gulch and SoBro corridors.

Second, downsizing buyers from Forest Hills, Belle Meade, and Green Hills target the larger floor plates as lock-and-leave primary residences with downtown walkability. The top-of-band closings document the building’s price ceiling for the larger plates.

Third, short-term rental allowance at The Quarters depends on HOA bylaws plus Metro Nashville STR permit rules. Therefore, verify in writing with the HOA before any buyer purchase intended for STR use. Notably, Davidson County does not allow non-owner-occupied STR permits in residential zoning districts.

Notably, The Quarters does not record sufficient closed-sale volume in the trailing 18 months to compute a representative DOM. Velocity analysis at this building leans on neighboring comparable buildings rather than internal sales history.

For buyers looking at The Quarters, three factors apply. First, confirm HOA STR policy in writing if rental income is part of the buy plan. Second, verify FHA project approval status through the HUD FHA condo project approval lookup before pursuing FHA financing. Third, evaluate the specific unit floor plate carefully, since each unit represents a distinct layout rather than a standardized plate.

The Quarters FAQs

Buyers evaluating The Quarters consistently ask a tight set of money and operational questions before booking a tour or writing a contract. The answers below reflect current MLS data and trusted source knowledge as of May 2026.

How many condos are at The Quarters?

Currently, The Quarters holds 32 residential condo units across 4 stories. Verify exact total unit count with the HOA at the time of buy. Notably, no units closed in the trailing 18 months.

When was The Quarters built?

Specifically, construction finished in 2006. The building delivered under Gene Gilbert in the Second Avenue Historic District.

What is the price range at The Quarters?

Currently, MLS records show no closed sales and no active inventory at The Quarters in the trailing 18 months. Buyers should expect to underwrite against neighboring downtown comparable buildings rather than the building’s own sales history.

Are short-term rentals allowed at The Quarters?

Short-term rental allowance depends on the HOA bylaws plus Metro Nashville STR permit rules. Therefore, verify in writing with the HOA before any buyer purchase intended for STR use. Notably, Davidson County does not allow non-owner-occupied STR permits in residential zoning districts.

Is The Quarters FHA approved?

Therefore, check current FHA project approval at the HUD FHA condo lookup before pursuing FHA financing. FHA approval expires every three years, and the HOA must renew approval through HUD.

What is the closest park to The Quarters?

Currently, the closest public park is the Cumberland River walking corridor and Riverfront Park, three blocks east.

What is the reconstruction status of the Second Avenue corridor?

Reconstruction of the Second Avenue Historic District is administered through the Metropolitan Development and Housing Agency Second Avenue Rebuild program. For current status, see the MDHA Second Avenue Rebuild page. The Quarters sits within the corridor at 178 Second Avenue North.

Further Reading and Local Authority Sources

• MDHA Second Avenue Rebuild
• Metro Nashville Parks
• Bridgestone Arena
• Davidson County Property Assessor
• Downtown Nashville condos guide
• Exchange
• Ambrose Lofts
• Nashville condos for sale

Work With a Quarters Specialist

I am Grant Hammond, a Nashville real estate broker at Compass RE with 25 years of experience and over $1 billion in career sales. My team has closed 550-plus short-term rental transactions and 350-plus high-rise condominium transactions across Middle Tennessee, including the Downtown Core / Second Avenue Historic District corridor and the surrounding downtown core.

If you are buying or selling at The Quarters, reach out for current MLS analysis, floor-by-floor pricing benchmarks, HOA financial review, and unit-level comp work. Call or text me directly at (615) 945-7123, or use the form below to get started. Tennessee Broker License #261980. Broker fees are not set by law and are fully negotiable.