Active

$460,000

860 Lou Ann Ln, Clarksville, TN 37042

4beds

4baths

4,500sqft

$2,829/mo

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Multi Family

Built in 1990

-- sqft lot

$-- Zestimate^®

$102/sqft

$-- HOA

What's special

6 unit parcel at 860-866 Lou Ann Lane with 6 manufactured homes on 1.73 acre site. Fully leased. Several units with long time tenants. This is a turnkey deal at the 1% rule which is just hard to come by these days for investors. DO NOT DISTURB TENANTS. 8+% cap rate.

125 days

60

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Electric

Cooling

Electric

Features

Flooring: Carpet, Laminate

Interior area

Total structure area: 4,500
Total interior livable area: 4,500 sqft
Finished area above ground: 4,500

Property

Features

Levels: One
Stories: 1

Details

Parcel number: 063029MA00500
Zoning: RM-1
Special conditions: Owner Agent

Construction

Type & style

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

Materials

Other

Condition

New construction: No
Year built: 1990

Utilities & green energy

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

Community & HOA

HOA

Has HOA: No

Location

Region: Clarksville

Financial & listing details

Price per square foot: $102/sqft
Tax assessed value: $25,700
Annual tax amount: $1,439
Date on market: 4/19/2026
Inclusions: Appliances
Total actual rent: 1624
Tenant pays: Electricity, Water
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/28/2026	Price change	$460,000-3.2%$102/sqft
Source: RealTracs MLS as distributed by MLS GRID #3179229 Report a problem
4/19/2026	Listed for sale	$475,000$106/sqft
Source: RealTracs MLS as distributed by MLS GRID #3179229 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2017	$316 -28.7%	$10,280
2016	$443 +2.2%	$10,280
2015	$433 +1.4%	$10,280
2014	$427 +5%	$10,280 +10.8%
2013	$407	$9,280 -0.2%
2011	$407 +6.3%	$9,298
2010	$383	$9,298
2009	$383	$9,298 -19.1%
2008	--	$11,498 +49.3%
2007	$343 +0%	$7,702
2006	$343 +4.2%	$7,702 +11%
2005	$329 +5.6%	$6,940
2004	$312	$6,940
2002	$312	$6,940 +26.5%
2001	--	$5,484 -60%
2000	--	$13,710

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.

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Climate risks

Neighborhood: 37042

Getting around

4 / 100

Car-Dependent

20 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Minglewood Elementary School
Grades: PK-5Distance: 1.3 mi
6/10
New Providence Middle School
Grades: 6-8Distance: 1.5 mi
4/10
Northwest High School
Grades: 9-12Distance: 0.8 mi

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.