Exceptional opportunity to acquire a 45-unit multifamily investment property in the rapidly growing Clarksville market, just minutes from Fort Campbell, Austin Peay State University, shopping, dining, and major commuter routes. Situated on approximately 2.6 acres, this diverse multifamily asset offers an attractive mix of unit types including 23 studio units, 7 one-bedroom/one bathroom units, 3 two-bedroom/one full bathroom/one half bathroom townhome-style units, 10 two-bedroom/two bathroom units and 2 spacious three-bedroom/two full bathroom/one half bathroom units. Unit sizes range from approximately 298 square feet to nearly 1,600 square feet, allowing the property to appeal to a wide variety of tenants and rental price points.
The property consists of multiple residential-style buildings constructed between 1988 and 2013 and features a combination of apartment and townhome-style living. Community amenities and property features include patios, decks, ample parking, public utilities, and a well-positioned location within an established multifamily corridor.
With more than 32,000 square feet of improvements and R-4 multifamily zoning, this property presents a compelling investment opportunity for buyers seeking scale, strong rental demand, and long-term upside in one of Middle Tennessee’s fastest-growing rental markets. Convenient access to Fort Campbell and major employment corridors continues to support consistent occupancy and tenant demand in the area. Additionally, the site offers future value-add potential through community-oriented improvements such as dog parks, playground areas, outdoor gathering spaces, picnic or grilling areas, and a community pavilion concept designed to further enhance tenant experience and long-term asset value. PLEASE DO NOT DISTURB TENANTS. Co-listed with Pat Cosgrove of Marcus & Millichap.
78 days
|
112
|
6
|
Zillow last checked:
Listing updated:
Listed by:
Samantha Kellett931-542-4585,
Blue Cord Realty, LLC931-542-4585,
Kelly Kellett931-320-7368,
Blue Cord Realty, LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3205945
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 36
Bathrooms: 36
Heating
Central, Electric, Other
Cooling
Ceiling Fan(s), Central Air, Electric, Other, Wall/Window Unit(s)
Appliances
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Features
Flooring: Carpet, Tile, Vinyl
Interior area
Total structure area: 32,505
Total interior livable area: 32,505 sqft
Finished area above ground: 32,505
Property
Parking
Total spaces: 3
Parking features: Garage Faces Front
Attached garage spaces: 3
Features
Levels: Two
Stories: 2
Details
Parcel number: 063019H D 01700 00003019H
Zoning: R4
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: 1988
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Water Available
Community & HOA
Community
Security: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Subdivision: Evans Kimmel K Prop
HOA
Has HOA: No
Location
Region: Clarksville
Financial & listing details
Price per square foot: $122/sqft
Tax assessed value: $2,970,400
Annual tax amount: $35,882
Date on market: 5/11/2026
Inclusions: Appliances
Total actual rent: 5987
Tenant pays: Electricity, Water
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/30/2026
Price change
$3,950,000-3.1%$122/sqft
Source: RealTracs MLS as distributed by MLS GRID #3205945Report a problem
5/11/2026
Listed for sale
$4,075,000+40.5%$125/sqft
Source: RealTracs MLS as distributed by MLS GRID #3205945Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.