470 Martha Ln

Active

Clarksville, TN 37043

Bedrooms
0
Bathrooms
6,400.00
Sq Ft
Acres
Updated 2 minutes ago MLS #: 2957564 Listed 1 month ago

$1,050,000.00

Est. Monthly: $5,067.77
$164
Per Sq Ft

About This Property

Exceptional 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.

Location

Subdivision Ashland Forest Estat
Directions From I24 West, turn left on TN-76 West, Proceed straight over Madison St to Ashland City Rd, Turn right on Old Ashland City Rd and follow for approximately one mile, Turn left on Martha Ln. Property is the last two buildings on the right.

Interior Features

Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet,Laminate,Vinyl

Exterior & Property

Stories 2
Construction Materials Brick
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Barksdale Elementary
6-8
Middle School
Richview Middle
9-12
High School
Clarksville High

Property Details

Property Type Residential Income
Year Built 1997
Annual Taxes $8,099.00
Listing Office Keller Williams Realty Clarksville
Listing Agent Shannon Heim
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-09-04T11:34:08+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Clarksville and the Ashland Forest Estat neighborhood

Clarksville Market

City-wide statistics

Explore Clarksville
2554
Active Listings
$280,379.53
Avg Price
1,866
Avg Sq Ft
3.1
Avg Bedrooms

Ashland Forest Estat

Neighborhood statistics

Explore Ashland Forest Estat
2
Active Listings
$822,500.00
Avg Price
5,172
Avg Sq Ft
0.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 2957564

Currently active listing

1 month ago • Jul 24, 2025

42 days on market

$1,050,000.00