Discover a premier investment opportunity at 1604 Railton Ct, Clarksville, TN. This robust apartment complex, nestled on a generous .35-acre lot, features a collection of 4 units, each boasting 2 bedrooms, 1 & 1/2 baths, and a convenient total square footage of 3990. Designed to maximize your return, each unit offers 2 dedicated parking spaces, ensuring ample convenience for tenants. Embrace the ease of management with no HOA to contend with, while tenants revel in the newly serviced Kirkwood school district. The location is prime, with easy access to exit 8 on I-24, making commutes to Nashville a breeze, and shopping and dining options are just a stone's throw away. Enhancing tenant appeal, all units come fully equipped with essential appliances, including washers, dryers, and refrigerators. This turnkey investment is poised to capitalize on Clarksville's growth. MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE BY 2 PM ON WED. 9/25/24.
Closed
$592,900
1604 Railton Ct, Clarksville, TN 37043
8beds
4baths
3,990sqft
Multi Family
Built in 2014
-- sqft lot
$623,300 Zestimate®
$149/sqft
$1,508 Estimated rent
Home value
$623,300
$592,000 - $654,000
$1,508/mo
Zestimate® history
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$1,508/mo
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$3,491/mo
Est. payment
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$3,491/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Susan Austin 931-436-5437,
Benchmark Realty
Bought with:
Crystal Ragan, 328708
Keller Williams Realty - Murfreesboro
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2701951
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
Interior area
- Total structure area: 3,990
- Total interior livable area: 3,990 sqft
- Finished area above ground: 3,990
Property
Parking
- Total spaces: 8
- Parking features: Concrete
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 063039I B 00700 00001039I
- Zoning: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Villages Of Farmingt
HOA
- Has HOA: No
Location
- Region: Clarksville
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $670,600
- Annual tax amount: $3,967
- Date on market: 9/9/2024
- Inclusions: Appln
- Total actual rent: 5095
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2024 | Sold | $592,900-1.2%$149/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2701951 Report a problem | ||
| 9/25/2024 | Contingent | $600,000$150/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2701951 Report a problem | ||
| 9/9/2024 | Listed for sale | $600,000+69.8%$150/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2701951 Report a problem | ||
| 12/19/2014 | Sold | $353,300+315.6%$89/sqft |
Source: Public Record Report a problem | ||
| 7/31/2014 | Sold | $85,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,633 +42% | $268,240 +102.2% |
| 2023 | $3,967 +1.7% | $132,680 |
| 2022 | $3,901 +0% | $132,680 +1.7% |
| 2021 | $3,901 0% | $130,480 +60% |
| 2020 | $3,901 +0% | $81,550 |
| 2019 | $3,901 | $81,550 -28.6% |
| 2018 | $3,901 +11% | $114,240 -0.2% |
| 2017 | $3,513 | $114,440 |
| 2016 | $3,513 +3.2% | $114,440 |
| 2015 | $3,404 +340.2% | $114,440 +340.2% |
| 2014 | $773 | $26,000 |
Find assessor info on the county website
Neighborhood: Farmington
Nearby homes
- $--2 bd3 ba-- sqft1604 Railton Ct #ID1225960P, Clarksville, TN 37043Off Market
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- $--2 bd3 ba950 sqft1604 Railton Ct APT C, Clarksville, TN 37043Off Market
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- $--2 bd2 ba1k sqft1604 Railton Ct APT A, Clarksville, TN 37043Off Market
- $--3 bd3 ba1.4k sqft125 Melbourne Dr #A, Clarksville, TN 37043Off Market
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- $1,4553 bd3 ba1.1k sqft125 Melbourne Dr #C, Clarksville, TN 37043For Rent
Nearby schools
GreatSchools rating
- NAKirkwood Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 8/10Kirkwood MiddleGrades: 6-8Distance: 2 mi
- 7/10Kirkwood HighGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Kirkwood Elementary
- Middle: Kirkwood Middle
- High: Kirkwood 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.
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Estimated market value
$623,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$623,300
- Tennessee
- Montgomery County
- Clarksville
- 37043
- Farmington
- 1604 Railton Ct
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