A nail set includes an elongated body having a longitudinal axis and a pivot axis. The nail set also includes a tool member supported by the elongated body at the pivot axis. The tool member includes a first end portion having a first punch tool and a second end portion having a second punch tool that is different than the first punch tool. The tool member is selectively rotatable about the pivot axis. The nail set further includes a locking member supported by the elongated body and is movable between a first position, where the locking member engages the tool member to inhibit rotation of the tool member about the pivot axis, and a second position, where the tool member is rotatable relative to the elongated body about the pivot axis.