Active

$514,900

2690 Highway 48, Clarksville, TN 37040

8beds

4baths

4,232sqft

$3,203/mo

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Multi Family

Built in 1976

-- sqft lot

$-- Zestimate^®

$122/sqft

$-- HOA

What's special

*** NEW PRICE *** ALL 4 units currently occupied with immediate INCOME! 3 of the 4 tenants have been in their units between 5 and 13 years! ADDITIONAL access building with 1 bedroom / 1 bath generating $550 as well. Don't MISS an opportunity in owning this long-term investment property! CALL TODAY! DON'T miss the opportunity in calling this HOME!

46 days

131

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Laundry: Individual, Electric Dryer Hookup, Washer Hookup

Features

Flooring: Carpet, Laminate, Tile, Vinyl

Interior area

Total structure area: 4,232
Total interior livable area: 4,232 sqft
Finished area above ground: 4,232

Property

Parking

Parking features: Circular Driveway, Gravel
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 0.61 Acres
Dimensions: 0.61

Details

Parcel number: 063112 04801 00017112
Zoning: Commercial
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick
Roof: Shingle

Condition

New construction: No
Year built: 1976

Utilities & green energy

Sewer: Public Sewer
Water: Private
Utilities for property: Electricity Available, Water Available

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Clarksville

Financial & listing details

Price per square foot: $122/sqft
Tax assessed value: $234,500
Annual tax amount: $1,970
Date on market: 6/18/2026
Inclusions: Appliances
Total actual rent: 2820
Tenant pays: Electricity, Water
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/18/2026	Listed for sale	$514,900-1.9%$122/sqft
Source: RealTracs MLS as distributed by MLS GRID #3245461 Report a problem
6/10/2026	Listing removed	$524,900$124/sqft
Source: RealTracs MLS as distributed by MLS GRID #3143179 Report a problem
3/5/2026	Listed for sale	$524,900-8.7%$124/sqft
Source: RealTracs MLS as distributed by MLS GRID #3143179 Report a problem
2/27/2026	Listing removed	$574,900$136/sqft
Source: RealTracs MLS as distributed by MLS GRID #3079524 Report a problem
1/11/2026	Listed for sale	$574,900$136/sqft
Source: RealTracs MLS as distributed by MLS GRID #3079524 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,970 +29.2%	$93,800 +83.9%
2023	$1,525	$51,000
2022	$1,525 0%	$51,000
2021	$1,525	$51,000 +60%
2020	--	$31,875
2019	$1,525	$31,875 -48.3%
2018	$1,525 -25.4%	$61,600 +5.8%
2017	$2,045	$58,200
2016	$2,045 +18.1%	$58,200
2015	$1,731	$58,200
2014	$1,731 -1.4%	$58,200 +4.2%
2013	$1,755	$55,880 0%
2011	$1,755 +9%	$55,891
2010	$1,610	$55,891
2009	$1,610	$55,891
2008	--	$55,891 +9.2%
2007	$1,607	$51,187
2006	$1,607 +15%	$51,187 +18.6%
2005	$1,398 +11.3%	$43,142
2004	$1,255	$43,142
2002	$1,255	$43,142 +1.9%
2001	--	$42,326 -60%
2000	--	$105,816

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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.

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Climate risks

Neighborhood: 37040

Getting around

6 / 100

Car-Dependent

12 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Cumberland Hghts Elementary School
Grades: PK-5Distance: 2.9 mi
8/10
Montgomery Central Middle School
Grades: 6-8Distance: 3 mi
6/10
Montgomery Central High School
Grades: 9-12Distance: 3.1 mi

Schools provided by the listing agent

Elementary: Cumberland Heights Elementary
Middle: Montgomery Central Middle
High: Montgomery Central 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.