919 Martin St

Active

Clarksville, TN 37040

Bedrooms
0
Bathrooms
29,700.00
Sq Ft
Acres
Updated 6 minutes ago MLS #: 2980024 Listed 1 week ago

$5,130,000.00

Est. Monthly: $24,759.69
$173
Per Sq Ft

About This Property

Welcome to Phase Two of Martin Place Townhomes—an exceptional opportunity to acquire a pad-ready, fully approved development site in the heart of Clarksville. This phase consists of 24 units across Buildings B, C, and D, and 3 units in Building A currently cash flowing positioned! Vertical construction can begin immediately, offering investors the ability to capitalize on strong rental demand with minimal delay. Each townhome is designed with modern finishes, including two bedrooms with private en-suite bathrooms, upstairs laundry, granite countertops, stainless steel appliances, and either a deck or patio depending on elevation. The property is zoned to allow short-term rentals, creating flexibility for both traditional leasing strategies and higher-yield rental options. Located just minutes from the revitalized downtown district and the F&M Bank Arena, Phase Two is strategically positioned to benefit from Clarksville’s rapid growth. Rent roll from Phase One (already producing income) is available upon request to support underwriting. Property may be purchased in full or by building, with acceptable terms.

Location

Subdivision Martin Place Townhomes
Directions From F&M Bank Arena, Turn Right on S 2nd St, Turn Left on Crossland Ave, Turn Right on Martin St, Development is on Left.

Interior Features

Heating Central,Electric,Heat Pump
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Vinyl

Exterior & Property

New Construction
Stories 2
Construction Materials Brick,Vinyl Siding
Sewer/Septic Public Sewer
Water Source Public

Schools

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

Property Details

Property Type Residential Income
Year Built 2025
Annual Taxes $999.00
Listing Office Keller Williams Realty Clarksville
Listing Agent Shannon Heim
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-09-01T18:34:04+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 Martin Place Townhomes neighborhood

Clarksville Market

City-wide statistics

Explore Clarksville
2572
Active Listings
$277,242.08
Avg Price
1,868
Avg Sq Ft
3.1
Avg Bedrooms

Martin Place Townhomes

Neighborhood statistics

Explore Martin Place Townhomes
1
Active Listings
$5,130,000.00
Avg Price
29,700
Avg Sq Ft
0.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 2980024

Currently active listing

1 week ago • Aug 23, 2025

10 days on market

$5,130,000.00

Sold

MLS# 2767480

Property sold and closed

2 weeks ago • Aug 18, 2025

234 days on market

$1,150.00

Sold

MLS# 2675118

Property sold and closed

9 months ago • Nov 12, 2024

90 days on market

$205,000.00

Sold: $205,000.00

Originally: $210,000.00

Sold

MLS# 2307656

Property sold and closed

3 years ago • Nov 24, 2021

$125,000.00

Sold: $137,000.00