Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.
Active
$675,000
701 Cumberland Dr, Clarksville, TN 37040
8beds
8baths
6,180sqft
Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$109/sqft
$-- HOA
What's special
Studio apartment
- 190 days |
- 71 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Devan McClish 615-418-3133,
Realty Of America, LLC 615-279-5310
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3132629
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Electric
Cooling
- Electric
Appliances
- Laundry: Common Area
Features
- Flooring: Laminate
Interior area
- Total structure area: 6,180
- Total interior livable area: 6,180 sqft
- Finished area above ground: 6,180
Property
Parking
- Total spaces: 10
- Parking features: Gravel
- Uncovered spaces: 10
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 063066K J 04700 00012066N
- Zoning: R2
- Special conditions: Owner Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Elder
HOA
- Has HOA: No
Location
- Region: Clarksville
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $195,100
- Annual tax amount: $2,326
- Date on market: 2/18/2026
- Inclusions: Appliances
- Total actual rent: 3250
- 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 |
|---|---|---|
| 4/22/2026 | Price change | $675,000-3.6%$109/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3132629 Report a problem | ||
| 4/8/2026 | Price change | $699,995-3.4%$113/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3132629 Report a problem | ||
| 3/21/2026 | Price change | $725,000-3.3%$117/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3132629 Report a problem | ||
| 3/14/2026 | Price change | $750,000-6.3%$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3132629 Report a problem | ||
| 2/19/2026 | Listed for sale | $800,000+6.7%$129/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3132629 Report a problem | ||
| 12/18/2025 | Listing removed | $750,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 9/14/2025 | Listed for sale | $750,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 9/1/2025 | Listing removed | $750,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 7/11/2025 | Listed for sale | $750,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 7/1/2025 | Listing removed | $750,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 7/1/2025 | Price change | $750,000-6.3%$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 5/8/2025 | Listed for sale | $800,000$129/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 5/1/2025 | Listing removed | $800,000$129/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 4/7/2025 | Price change | $800,000-4.2%$129/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 3/17/2025 | Price change | $835,000-3.5%$135/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 2/28/2025 | Listed for sale | $865,000$140/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 2/1/2025 | Listing removed | $865,000$140/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 1/21/2025 | Price change | $865,000-3.4%$140/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 12/10/2024 | Listed for sale | $895,000-10.1%$145/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 11/7/2024 | Listing removed | $995,000-9.5%$161/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 10/26/2024 | Listed for sale | $1,100,000+155.8%$178/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2752559 Report a problem | ||
| 10/5/2022 | Sold | $430,000-14%$70/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2390244 Report a problem | ||
| 8/15/2022 | Contingent | $499,900$81/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2390244 Report a problem | ||
| 8/2/2022 | Listed for sale | $499,900$81/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2390244 Report a problem | ||
| 7/24/2022 | Pending sale | $499,900$81/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2390244 Report a problem | ||
| 7/19/2022 | Listed for sale | $499,900+1036.1%$81/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2390244 Report a problem | ||
| 1/17/2013 | Sold | $44,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,326 +33.4% | $78,040 +88.9% |
| 2023 | $1,744 +32.8% | $41,320 |
| 2022 | $1,313 +41.2% | $41,320 +32.8% |
| 2021 | $930 -25.7% | $31,120 +60% |
| 2020 | $1,251 +0.1% | $19,450 |
| 2019 | $1,250 | $19,450 -51.9% |
| 2018 | $1,250 -1.3% | $40,400 -2% |
| 2017 | $1,266 -28.8% | $41,240 |
| 2016 | $1,777 +2.2% | $41,240 |
| 2015 | $1,738 +1.4% | $41,240 |
| 2014 | $1,715 +42.7% | $41,240 +50.3% |
| 2013 | $1,202 | $27,440 +0% |
| 2011 | $1,202 +6.3% | $27,438 |
| 2010 | $1,130 | $27,438 |
| 2009 | $1,130 | $27,438 |
| 2008 | -- | $27,438 +21.2% |
| 2007 | $1,007 +0% | $22,637 |
| 2006 | $1,007 +11.5% | $22,637 +18.8% |
| 2005 | $904 +5.6% | $19,062 |
| 2004 | $856 | $19,062 |
| 2002 | $856 | $19,062 +7.4% |
| 2001 | -- | $17,742 -60% |
| 2000 | -- | $44,355 |
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: 37040
Nearby schools
GreatSchools rating
- 5/10Norman Smith Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Richview Middle SchoolGrades: 6-8Distance: 4.2 mi
- 7/10Clarksville High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Norman Smith 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.
- $---- bd1 ba350 sqft701 Cumberland Dr APT 6, Clarksville, TN 37040Off Market
- $7501 bd1 ba490 sqft701 Cumberland Dr APT 4, Clarksville, TN 37040For Rent
- $137,600-- bd1 ba1.1k sqft707 Cumberland Dr, Clarksville, TN 37040Off Market
- $158,900-- bd2 ba247 sqft681 Cumberland Dr, Clarksville, TN 37040Off Market
- $112,0002 bd1 ba927 sqft620 Elder St, Clarksville, TN 37040Sold
- $135,2002 bd1 ba840 sqft622 Elder St, Clarksville, TN 37040Off Market
- $179,8002 bd1 ba1.5k sqft709 Cumberland Dr, Clarksville, TN 37040Off Market
- $112,5002 bd1 ba720 sqft618 Elder St, Clarksville, TN 37040Off Market
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.
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