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1222 gallatin ave, nashville, TN 37206 Sold on

  • $2,424,000
  • 0 BedBeds
  • 0 BathBaths
  • 4,750 SqftSqft
  • Typemulti-family
  • Active
  • MLS# 3136490
  • Open House
  • New Listing
  • Price Reduced$75,000
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INVESTOR ALERT! Don’t miss this rare opportunity to own a fully turnkey 7-unit Non-Owner Occupied Short-Term Rental (NOO STR) property in the heart of East Nashville - one of the city’s most dynamic and sought-after neighborhoods! Welcome to The Kaleidoscope - East Nashville, a boutique STR development featuring one 4-bedroom/4-bath unit and six 1-bedroom/1.5-bath units, each recently renovated and thoughtfully curated to capture the energy and creativity of Nashville’s thriving vacation rental scene. Every themed unit boasts its own unique personality with Instagram-worthy design moments throughout - from vibrant interiors to the building’s playful exterior. Perfectly positioned directly across from Southern Land Company’s 16+ acre, multimillion-dollar mixed-use development, this property offers exceptional walkability to East Nashville favorites like The Wash, Pearl Diver, Tower Market & Deli, Zenshi Sushi, Pelican & Pig, Eastside Banh Mi, and Highland Yards, plus OrangeTheory Fitness, Publix, and Starbucks just steps away. Zoned MUG-A, the site allows for redevelopment up to 7 stories / 105 feet in height, providing not only strong immediate cash flow potential but also significant long-term value for future development. This is your chance to secure a high-performing, design-driven STR investment in one of Nashville’s fastest-growing areas. The Kaleidoscope awaits!

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General

  • Property Type: Multi-family
  • Status: Active
  • MLS#: 3136490
  • List Price: $2,424,000
  • List Date: 02/25/2026
  • Year Built: 1969
  • County: Davidson County, TN
  • Subdivision: Sharpe & Horns
  • Sq. Ft.: 4,750
  • Directions: From Nashville take Ellington Parkway and exit Douglas Ave. Turn Right on Douglas. Turn Right on Gallatin Ave. Apartment Complex is on your Right.

Exterior Features

  • Zoning: MUG-A
  • Parking: 13.00

Schools

  • Elementary: Hattie Cotton Elementary
  • Middle: Jere Baxter Middle
  • High: Maplewood Comp High School

Utilities

  • Cooling: Central Air
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Central
 

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

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Huntsville 3306 Governors Drive SW Huntsville, AL 35805
Providence 7 Town Center Drive NW Suite 201 Huntsville, AL 35806
Tennessee 3306 Governors Drive SW Huntsville, Alabama 35805

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