Gallatin Pike Multifamily Investment
For Sale
$4,750,000
3815 Gallatin Pike, Nashville, TN 37216
Package of 4 lots with 28 mid/long term rentals.
Property Size2,044 SF
Lot Size0.29 Acres
Price / SF$2,323
Days on Market272
Property Features for 3815 Gallatin Pike
General Information
Standard status
Active
Size
2,044 SF
Lot size
0.29 Acres
Property subtype
Commercial
Amenities
Shingle Roof
Building Details
Year Built
1907
Listing Agency:
OYSTER REAL ESTATE ADVISORS
(615) 549-6844
Listed By:
WYATT WALLACE · License #342967
(615) 924-7896
Source:
Corcoran
Added: Dec 6, 2025
Changed: Sep 3
Last Checked: Sep 4 at 7:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OYSTER REAL ESTATE ADVISORS
Investment Insights
Based on property information with market context.
This unique property is comprised 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, with potential for more units if renovated. Located close to East Nashville, the site also has a bus stop nearby. The property at 3811 Gallatin Pike is currently rented out by the room with shared kitchens and baths, hosting a total of 11 units with the potential for a 12th, along with a laundry facility, tenant grills, and parking. The building at 3813 Gallatin Pike contains 4 studios, with 2 in the main building and 2 in the building behind the main building. There are 2 studios and 5 rooms in the main building that need renovating and are not in inventory. The property at 3815 Gallatin Pike contains 4 rooms downstairs with a community kitchen, a community room and 2 bathrooms, and upstairs there is a studio and a one bedroom apartment. The upstairs units have a separate entrance. The property at 3819 Gallatin Pike is a yellow house with a smaller building behind the main one. This location offers excellent potential for new construction, such as townhomes, apartment units, or mixed-use developments.
Key Highlights
- Package of 4 lots totaling 1.74 acres with MUL‑A zoning.
- 300 feet of prime frontage on Gallatin Pike.**
- Currently operating as 28 mid and long‑term rental units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Explore this area
Business Placement
Demographics for 37216, TN
18,191
Population
9,574
Households
1.9
Avg Household Size
36
Median Age
57%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,134
Median Household Income
$54,407
Median Earnings
$1,507
Median Rent
$404,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Package of 4 lots with 28 mid/long term rentals.
Where is this multifamily property located?
The property is located at 3815 Gallatin Pike Nashville, TN.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Package of 4 lots totaling 1.74 acres with MUL‑A zoning.; 300 feet of prime frontage on Gallatin Pike.**; Currently operating as 28 mid and long‑term rental units.
