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Active
    • $950,000

    470 Martha Ln, Clarksville, TN 37043

    8beds
    4baths
    5,920sqft
    : 
    $5,844/mo
    Get pre-qualified
    Multi Family
    Built in 1997
    -- sqft lot
    $-- Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Quiet tree-lined settingFresh paintTwo full-brick buildingsPremium vinyl flooringUpdated appliancesModern lighting
    Exceptional Value Add Investment Opportunity! This property features two full-brick buildings, each offering 4 single-level units for a total of 8 income-producing rentals. Most units have been thoughtfully renovated with premium vinyl flooring, updated appliances, modern lighting, and fresh paint. Seven of the eight HVAC systems have been recently replaced, minimizing future maintenance costs. Nestled in a quiet, tree-lined setting yet conveniently located near shopping and dining, this location offers the ideal blend of privacy and accessibility for tenants. Current rents are below market, presenting immediate upside potential for increased rental income.
    60 days
    |
    94
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Heim 585-305-3906,

    Unique Real Estate 931-933-7965

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3223149MLS Logo

      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: Laminate
      Interior area
      • Total structure area: 5,920
      • Total interior livable area: 5,920 sqft
      • Finished area above ground: 5,920

      Property

      Parking
      • Total spaces: 2
      • Parking features: Parking Lot
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Details
      • Parcel number: 063080F G 00500 00011080G
      • Zoning: R-4
      • 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: 1997

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Ashland Forest Estat
      HOA
      • Has HOA: No
      Location
      • Region: Clarksville

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $679,500
      • Annual tax amount: $8,208
      • Date on market: 5/27/2026
      • Inclusions: Appliances, Negotiable
      • Total actual rent: 3770
      • Tenant pays: Electricity, Water
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/27/2026Listed for sale$950,000-9.5%$160/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3223149 Report a problem
        1/16/2026Listing removed$1,050,000$177/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2957564 Report a problem
        1/10/2026Listed for sale$1,050,000$177/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2957564 Report a problem
        11/14/2025Contingent$1,050,000$177/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2957564 Report a problem
        7/24/2025Listed for sale$1,050,000-4.5%$177/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2957564 Report a problem
        8/16/2024Listing removed$1,100,000$186/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2658594 Report a problem
        5/23/2024Listed for sale$1,100,000-25.7%$186/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2658594 Report a problem
        4/1/2024Listing removed--
        Source: RealTracs MLS as distributed by MLS GRID #2595301 Report a problem
        11/21/2023Listed for sale$1,480,000+265.4%$250/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2595301 Report a problem
        2/2/2017Sold$405,000+3.8%$68/sqft
        Source: Public Record Report a problem
        4/14/2016Listing removed$515
        Source: Sango Place Apartments Report a problem
        1/14/2016Listed for rent$515
        Source: Sango Place Apartments Report a problem
        7/28/2015Listing removed$390,000$66/sqft
        Source: Keller Williams - Nashville - Spring Hill #1605141 Report a problem
        3/25/2015Price change$390,000-3.7%$66/sqft
        Source: Keller Williams Realty The Dream Team Spring Hill #1605141 Report a problem
        1/28/2015Listed for sale$405,000+60.1%$68/sqft
        Source: Keller Williams Realty The Dream Team Spring Hill #1605141 Report a problem
        1/30/2002Sold$252,960+1076.6%$43/sqft
        Source: Public Record Report a problem
        2/28/1997Sold$21,500$4/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,100 +10.4%$271,800 +56.4%
        2023$7,336 +1.3%$173,840
        2022$7,245 +41.1%$173,840 +1.3%
        2021$5,133 -25.6%$171,680 +60%
        2020$6,901 0%$107,300
        2019$6,901 $107,300 -22.4%
        2018$6,901 +59%$138,360 +66.4%
        2017$4,339 -28.8%$83,160
        2016$6,091 +2.3%$83,160 -41.2%
        2015$5,956 +1.4%$141,320
        2014$5,876 -22.5%$141,320 -18.4%
        2013$7,584 $173,160 +0%
        2011$7,584 +6.3%$173,158
        2010$7,134 $173,158
        2009$7,134 $173,158
        2008-- $173,158 +42.8%
        2007$5,396 +0%$121,254
        2006$5,395 +7.1%$121,254 +14.1%
        2005$5,038 $106,277 -0.2%
        2001-- $106,519 -60%
        2000-- $266,297
        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.
        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.
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        Climate risks

        Neighborhood: 37043

        Getting around

        35 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Barksdale 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.

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