3811 Gallatin Pike Nashville, TN 37216

Building Details

Year Built

1942

Listing agency OYSTER REAL ESTATE ADVISORS r***@gmail.com Show Phone

Listed by WYATT WALLACE · License #342967

Source Corcoran

Added: Dec 6, 2025 Updated: Jul 10 at 3:46PM Checked: Jul 21 at 5:43AM

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Investment Insights

Based on property information with market context.

This unique property consists of four lots totaling 1.74 acres with MUL-A zoning and 300 feet of frontage. The property currently operates as 28 mid and long-term rentals. 3811 Gallatin Pike is currently renting out by the room with shared kitchens and baths, this medium-term rental building hosts a total of 11 units with the potential for a 12th, along with a laundry facility, tenant grills, and parking. 3813 Gallatin Pike has four studios, with two in the main building and two in the building behind the main building. There are two studios and five rooms in the main building that need renovating. 3815 Gallatin Pike has six units, with four rooms downstairs with a community kitchen, a community room and two bathrooms, and upstairs there is a studio and a one bedroom apartment. The upstairs units have a separate entrance. 3819 Gallatin Pike is a yellow house with a smaller building behind the main building and contains 8 units. The location offers excellent potential for new construction, such as townhomes, apartment units, or mixed-use developments. The property is located close to East Nashville and has a bus stop out front.

Key Highlights

• Package of 4 lots totaling 1.74 acres with MUL‑A zoning, offering significant redevelopment potential.
• Prime location with 300 feet of frontage on Gallatin Pike, close to East Nashville and public transportation.
• Currently operating as 28 mid and long‑term rental units, providing immediate income.

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FAQs

What type of property is this?

Multifamily property - Four lots with 28 rentals, potential for more.

Where is this multifamily property located?

The property is located at 3811 Gallatin Pike Nashville, TN.

What is the asking price?

The asking price for this property is $5,100,000.

What are key features of this property?

This property features: Package of 4 lots totaling 1.74 acres with MUL‑A zoning, offering significant redevelopment potential.; Prime location with 300 feet of frontage on Gallatin Pike, close to East Nashville and public transportation.; Currently operating as 28 mid and long‑term rental units, providing immediate income.