Gallatin Pike Multifamily Investment
For Sale
$5,100,000
3819 Gallatin Pike, Nashville, TN 37216
Portfolio of four properties with 28 units and redevelopment potential.
Property Size2,364 SF
Lot Size0.58 Acres
Price / SF$2,157
Days on Market248
Property Features for 3819 Gallatin Pike
General Information
Standard status
Active
Size
2,364 SF
Lot size
0.58 Acres
Property subtype
Commercial
Amenities
Shingle Roof
Building Details
Year Built
1898
Listing Agency:
OYSTER REAL ESTATE ADVISORS
(615) 549-6844
Listed By:
WYATT WALLACE · License #342967
Source:
Corcoran
Added: Dec 6, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:32PM
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, zoned MUL-A, with 300 feet of frontage. The property, operating as a total of 28 mid and long term rentals, offers excellent potential for new construction, such as townhomes, apartment units, or mixed-use developments. Located close to East Nashville, the property also features a bus stop out front. 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 property at 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. The property at 3815 Gallatin Pike has four rooms downstairs with a community kitchen, a community room and two bathrooms, and upstairs there is a studio and a one bedroom apartment with a separate entrance. The property at 3819 Gallatin Pike is a yellow house with a smaller building behind the main building. The property has a building size of 2364 square feet.
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
338
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Portfolio of four properties with 28 units and redevelopment potential.
Where is this multifamily property located?
The property is located at 3819 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.; 300 feet of prime frontage on Gallatin Pike.**; Currently operating as 28 mid and long‑term rental units.
