470 Martha Ln, Clarksville, TN 37043

$950,000
5,920
SqFt

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List Price
$950,000
MLS#
3223149
Days on Market
64
Property Type
Multifamily
Sqft. of Residence
5,920
County
Montgomery County
Status
ACTIVE

Property Description

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.​

Additional Information

Construction Type
Brick
Cooling System
Central Air, Electric
Elementary School
Barksdale Elementary
Floor Types
Laminate
Heating System
Central, Electric
High School
Clarksville High
Junior High School
Richview Middle
Laundry
Individual, Electric Dryer Hookup, Washer Hookup
Living Area
5,920
Number Of Stories
2
Roofing Material
Shingle
Sewer System
Public Sewer
Subdivision
Ashland Forest Estat
Tax Amount
$8,208
Water Source
Public
Year Built
1997
Zoning
R-4
Type
Multifamily

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Calculator source: Real Geeks

Listing courtesy of Unique Real Estate.

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