Public Remarks: Great investment opportunity in Clarksville, TN. This 25-unit townhome community consists of 6 buildings and is currently operating at approximately 96% occupancy, with the final unit in the process of being leased. Gross income is approximately $500,000 annually and will be over $510,000 once the final unit is leased, with NOI of nearly $400,000 fully stabilized. Pro forma available upon request. Each unit is a well-designed 3-bedroom, 2.5-bath townhome featuring granite countertops, an overhanging bar, large pantry, and stainless-steel appliances including refrigerator, microwave, dishwasher, range, and garbage disposal. All bedrooms and the laundry room are located upstairs, with washer and dryer included. The owner’s suite offers a spacious walk-in closet and private bath. Ceiling fans are installed in all bedrooms and the main living area. Every unit includes a private garage for storage, along with a patio or deck separated by a privacy fence. The property also features 24/7 exterior security cameras, sidewalks throughout the community, and is situated in a cul-de-sac. Conveniently located near I-24, Rotary Park, shopping, and dining. Also, there may be future value-add potential through subdivision into multiple parcels, allowing for phased disposition. Buyer to verify the possibility of assigning separate APNs and any potential for individual townhome sales. Information is considered reliable, but buyer will need to verify during their due diligence period once under contract (and prior to closing). Note: Meadowhill is made up buildings 1170, 1172, 1173, 1174, 1175 & 1176 (does not include 1171).
Active
$6,350,000
1170 Meadowhill Ln, Clarksville, TN 37043
225beds
291baths
34,625sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Private garage for storageOverhanging barLarge pantryGranite countertopsWasher and dryer includedSidewalks throughout the communitySituated in a cul-de-sac
- 148 days
- 295
- 12
Zillow last checked:
Listing updated:
Listed by:
Jason Harper 615-589-4722,
Music City Property Mgmt 615-589-4722,
Shawnee Bahler 615-669-8147,
Music City Property Mgmt
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3167320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 225
- Bathrooms: 291
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Individual
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 34,625
- Total interior livable area: 34,625 sqft
- Finished area above ground: 34,625
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Front, Concrete, Parking Lot
- Attached garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7.11 Acres
- Dimensions: 7.11
Details
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Hardboard Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Meadowhill
HOA
- Has HOA: No
- Amenities included: Sidewalks
Location
- Region: Clarksville
Financial & listing details
- Price per square foot: $183/sqft
- Annual tax amount: $71,895
- Date on market: 4/2/2026
- Inclusions: Appliances
- Total actual rent: 3300
- Tenant pays: Electricity, Gas, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $6,350,000+8.5%$183/sqft |
Source: | ||
| 1/4/2024 | Sold | $5,850,000-2.5%$169/sqft |
Source: | ||
| 12/28/2023 | Pending sale | $6,000,000$173/sqft |
Source: | ||
| 10/23/2023 | Contingent | $6,000,000$173/sqft |
Source: | ||
| 10/2/2023 | Listed for sale | $6,000,000+0.4%$173/sqft |
Source: | ||
| 9/30/2023 | Listing removed | -- |
Source: | ||
| 3/31/2023 | Listed for sale | $5,975,000$173/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37043
Nearby schools
Schools provided by the listing agent
- Elementary: Sango Elementary
- Middle: Richview Middle
- High: Clarksville High
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



