Excellent investment opportunity in an established location! This fully occupied 6-unit property at 537 Peachers Ridge offers immediate income potential with all units currently rented. Whether you're looking to expand your portfolio or step into multifamily investing, this property provides a strong foundation with consistent rental history and built-in cash flow from day one. Conveniently located with easy access to shopping, dining, schools, and major commuter routes, the property appeals to tenants seeking both value and accessibility. A rare chance to own a stabilized multifamily asset in a growing area with continued rental demand. Please do not disturb tenants. Showings and additional financial information available upon request.
Active
$831,000
537 Peachers Ridge Rd, Clarksville, TN 37042
8beds
9baths
6,180sqft
Multi Family
Built in 2012
-- sqft lot
$-- Zestimate®
$134/sqft
$-- HOA
What's special
- 35 days |
- 182 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Sydney B. Hedrick 931-237-4137,
Byers & Harvey Inc. 931-647-3501
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3214298
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Individual
Features
- Flooring: Carpet, Luxury Vinyl
Interior area
- Total structure area: 6,180
- Total interior livable area: 6,180 sqft
- Finished area above ground: 6,180
Property
Parking
- Total spaces: 12
- Parking features: Concrete
- Uncovered spaces: 12
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 063055A A 00107 00012055A
- 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: 2012
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Peachers Ridge
HOA
- Has HOA: No
Location
- Region: Clarksville
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $897,900
- Annual tax amount: $10,847
- Date on market: 5/15/2026
- Inclusions: Appliances
- Total actual rent: 3250
- Tenant pays: Electricity, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $831,000+1285%$134/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3214298 Report a problem | ||
| 5/31/2012 | Sold | $60,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,703 +43.6% | $359,160 +103.3% |
| 2023 | $7,456 | $176,680 |
| 2022 | $7,456 +41.1% | $176,680 |
| 2021 | $5,283 -25.6% | $176,680 +60% |
| 2020 | $7,102 0% | $110,425 |
| 2019 | $7,102 | $110,425 -28.2% |
| 2018 | $7,102 +48.1% | $153,720 +1% |
| 2017 | $4,794 -26.9% | $152,160 |
| 2016 | $6,558 +2.3% | $152,160 |
| 2015 | $6,413 +1.4% | $152,160 |
| 2014 | $6,327 +702.5% | $152,160 -9.2% |
| 2013 | $788 | $167,530 +830.7% |
| 2011 | $788 +6.3% | $18,000 |
| 2010 | $742 | $18,000 |
| 2009 | $742 | $18,000 |
| 2008 | -- | $18,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Climate risks
Neighborhood: 37042
Nearby schools
GreatSchools rating
- 5/10Byrns L Darden Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Kenwood Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Kenwood High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Byrns Darden Elementary
- Middle: Kenwood Middle School
- High: Kenwood 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Montgomery County
- Clarksville
- 37042
- 537 Peachers Ridge Rd
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