Building Details

Year Built 1969

Buildings 1

Stories 1

Units 7

Listed By: Intero Headquarters Show Phone

Added: May 23, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 7-unit property is located in the heart of East Nashville. The property features one 4-bedroom/4-bath unit and six 1-bedroom/1.5 bath units. Recently renovated, this short-term rental development was designed for Nashville's vacation rental market. Each themed unit offers its own unique personality. Located across from a mixed-use development, the property is within walking distance of The Wash, Pearl Diver, Tower Market & Deli, Zenshi Sushi, Pelican & Pig, Eastside Bahn Mi and Highland Yards. It is also near OrangeTheory Fitness and one block from Publix and Starbucks. Zoned MUG-A, the property allows for redevelopment of up to 7-stories and 105 feet in height. The property has short-term rental potential and long-term value for future development. The property size is 4750 square feet.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Kitchen & Bath Showroom Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,602

Businesses Nearby

Explore this area Business Placement

Demographics for 37206, TN

27,792

Population

14,323

Households

1.9

Avg Household Size

34

Median Age

60%

College-Educated

94%

High-School Grad

7.8 sq mi

ZIP Area

3,563

Density / Sq Mi

$88,605

Median Household Income

$58,213

Median Earnings

$1,564

Median Rent

$529,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - 7-Unit NOO STR Property in the Heart of East Nashville

Where is this multifamily property located?

The property is located at 1222 Gallatin Ave Nashville, TN.

What is the asking price?

The asking price for this property is $2,900,000.