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East Nashville 7-Unit STR Property
For Sale
$2,900,000

1222 Gallatin Ave, Nashville, TN 37206

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

Property Size4,750 SF
Price / SF$610.53
Days on Market520

Property Features for 1222 Gallatin Ave

General Information

Standard status Active
Property type Multifamily properties, Residential income properties
Size 4,750 SF
Total Parking Spaces 13
Elevators N/A

Building Details

Year Built 1969
Buildings 1
Stories 1
Units 7
Listed By: Intero Headquarters
Added: May 23, 2025 Changed: Mar 16
Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,602
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

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.
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