Bought with Kyla Trainor
$1,560,000
$1,700,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
12,688 SqFt
SOLD DATE : 10/31/2025
Key Details
Sold Price $1,560,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,688 sqft
Price per Sqft $122
Subdivision Darnell Estates
MLS Listing ID 2936438
Sold Date 10/31/25
HOA Y/N No
Year Built 2005
Annual Tax Amount $19,285
Property Description
Take a look at this 16-unit multifamily property situated in the heart of Clarksville, TN! This property is located just minutes from the University and is in close proximity to the military base, various banks, shopping centers, restaurants, and medical facilities. This complex consists of 2 buildings, featuring 16- 2 bed / 1 bath units. Each unit has its own W+D hookup and pays for utilities. The current owner has spent more than $100,000 on interior and exterior renovations included a new parking lot. This presents a remarkable opportunity for an investor to step in and take advantage of the renovations by raising rents to the market rate to increase the overall NOI.
Location
State TN
County Montgomery County
Zoning R-4
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Byrns Darden Elementary
Middle Schools New Providence Middle
High Schools Northwest High School
Others
Senior Community false
Special Listing Condition Standard
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