NEW ROOF in 2025!! One big ticket item off your plate. Excellent investment opportunity with this well-maintained quadplex offering immediate income potential and room for growth. Currently 50% occupied, this property provides investors the advantage of existing rental income while presenting an opportunity to increase cash flow by leasing the remaining unit.
Each of the four units features a desirable 2-bedroom, 1.5-bath floor plan designed to attract and retain tenants. Residents enjoy spacious living areas, functional eat-in kitchens, and thoughtfully designed layouts that support comfortable everyday living. The property has been consistently maintained, minimizing deferred maintenance concerns and making it a strong addition to any investment portfolio.
Additional tenant-friendly amenities include trash service and lawn care included, helping simplify utility management and enhance tenant appeal. The property has also remained pet-free, contributing to its well-kept condition.
Whether you're looking to expand your portfolio or acquire a multi-family property with stable income potential, this quadplex offers an attractive combination of occupancy, functionality, and long-term investment value. Don't miss the opportunity to own a quality income-producing property with upside potential.
Active
$589,000
371 Peabody Dr, Clarksville, TN 37042
16beds
16baths
4,000sqft
Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
Functional eat-in kitchensThoughtfully designed layouts
- 73 days
- 270
- 21
Zillow last checked:
Listing updated:
Listed by:
Kayla Gunter 931-368-3817,
Century 21 Platinum Properties 931-771-9070
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3244553
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Individual
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
- Finished area above ground: 4,000
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 63 Acres
- Dimensions: 63
Details
- Parcel number: 063043A N 00700 00003043A
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Northridge
HOA
- Has HOA: No
Location
- Region: Clarksville
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $449,300
- Annual tax amount: $5,428
- Date on market: 6/17/2026
- Inclusions: No Furnishing
- Total actual rent: 1800
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $589,000+210%$147/sqft |
Source: | ||
| 5/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/16/2024 | Price change | $850+3% |
Source: Zillow Rentals Report a problem | ||
| 12/19/2023 | Listed for rent | $825+43.5% |
Source: Zillow Rentals Report a problem | ||
| 5/11/2017 | Listing removed | $575 |
Source: Platinum Realty & Management Report a problem | ||
| 3/19/2017 | Listed for rent | $575 |
Source: Platinum Realty & Management Report a problem | ||
| 2/13/2017 | Sold | $190,000+8.6%$48/sqft |
Source: Public Record Report a problem | ||
| 5/20/2016 | Listing removed | $575-3.4% |
Source: Platinum Realty & Management Report a problem | ||
| 3/20/2013 | Listing removed | $595 |
Source: Keystone Realty and Management #1425768 Report a problem | ||
| 2/13/2013 | Listed for rent | $595 |
Source: Keystone Realty and Management #1425768 Report a problem | ||
| 10/1/1996 | Sold | $175,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,356 +50.3% | $179,720 +112.8% |
| 2023 | $3,563 | $84,440 |
| 2022 | $3,563 +41.1% | $84,440 |
| 2021 | $2,525 -25.6% | $84,440 +60% |
| 2020 | $3,394 +0% | $52,775 |
| 2019 | $3,394 | $52,775 -33.2% |
| 2018 | $3,394 +32.2% | $79,000 -5.5% |
| 2017 | $2,568 -28.8% | $83,640 |
| 2016 | $3,605 +2.3% | $83,640 |
| 2015 | $3,525 +1.4% | $83,640 |
| 2014 | $3,478 -6% | $83,640 -1% |
| 2013 | $3,700 | $84,480 |
| 2011 | $3,700 +6.3% | $84,480 |
| 2010 | $3,481 | $84,480 |
| 2009 | $3,481 | $84,480 -21.7% |
| 2008 | -- | $107,869 +33.9% |
| 2007 | $3,584 +0% | $80,542 |
| 2006 | $3,583 +7.1% | $80,542 +14.1% |
| 2005 | $3,346 +5.6% | $70,598 |
| 2004 | $3,170 | $70,598 |
| 2002 | $3,170 | $70,598 +6.1% |
| 2001 | -- | $66,528 -60% |
| 2000 | -- | $166,320 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37042
Nearby schools
Schools provided by the listing agent
- Elementary: Minglewood Elementary
- Middle: New Providence Middle
- High: Northwest High School
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.




