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3815 Gallatin Pike Nashville, TN 37216

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For Sale
$5,100,000

Four-lot package with 28 units, development potential in East Nashville.

Lot size:
0.29 Acres

Property Features for 3815 Gallatin Pike

General Information

Standard status
Active
Lot size
0.29 Acres

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Listing Contact
Wyatt Wallace
Source: Corcoran

Listing Agency: OYSTER REAL ESTATE ADVISORS Listing Agent: Wyatt Wallace

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Gallatin Pike Multifamily Investment Opportunity

This unique property comprises 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. Located on Gallatin Pike, the site is positioned near East Nashville, with a bus stop conveniently located in front of the property. 3811 Gallatin Pike is currently rented out by the room, featuring shared kitchens and baths. This building hosts 11 units, with the potential for a 12th, along with a laundry facility, tenant grills, and parking. 3813 Gallatin Pike contains 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 and are not in inventory. 3815 Gallatin Pike has four rooms downstairs with a community kitchen, a community room, and two bathrooms. Upstairs, there is a studio and a one-bedroom apartment, accessible via a separate entrance. 3819 Gallatin Pike includes a yellow house with a smaller building behind it, totaling eight units. The location offers excellent potential for new construction, such as townhomes, apartment units, or mixed-use developments.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Nashville
County
Davidson
State
Tennessee
Longitude
-86.7303985
Latitude
36.2152381

FAQs

What type of property is this?
Multifamily property - Four-lot package with 28 units, development potential in East Nashville.
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 $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 excellent potential for new construction.; - Boasts prime frontage of 300 feet on Gallatin Pike.; - Currently operating as 28 mid and long-term rental units with potential for more through renovation.
More about this property
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