Clarksville, TN 37042
$6,554,000.00
Multi-family investment opportunity in the rapidly growing Clarksville market. This well-maintained asset consists of 58 total units, offering 52 two-bedroom, one-bathroom units and 8 one-bedroom, one-bathroom units. Current rental rates range $925–$1099 for two-bedroom units and $795–$1004 for one-bedroom units, providing steady cash flow with demonstrated demand and room for future rental growth. The property benefits from a diverse tenant profile and continued interest from both military and civilian renters due to its strategic proximity to Downtown Clarksville, Fort Campbell, retail centers, schools, and major commuter routes. This complex offers investors the opportunity to continue operating as a stabilized, income-producing asset or to explore value-add strategies through updates, amenity enhancements, and rent optimization. The surrounding area has experienced notable population and job growth, contributing to increasing rental demand and limited comparable housing supply. Clarksville has consistently ranked as one of Tennessee’s fastest-growing communities, further strengthening long-term appreciation potential. Residents enjoy convenient access to shopping, dining, recreational amenities, and public transportation, supporting high retention rates and solid leasing performance. P&L statements are available upon request. Property tours may be conducted with an accepted offer. Do not disturb tenants. This is a rare opportunity to acquire a multi-family asset of this size in a high-growth market with proven performance, increasing rental demand, and meaningful upside potential! GROSS INCOME AND EXPENSES REPORTED ARE THROUGH 10/27/025.
Based on information submitted to the MLS GRID as of 2025-10-30T15:34:40+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.
Explore market data for Clarksville and the Darnell Estates neighborhood
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Timeline of listing events and status changes
Currently active listing
1 day ago • Oct 29, 2025
2 days on market
$6,554,000.00
Property sold and closed
1 day ago • Oct 29, 2025
$925.00
Property sold and closed
1 month ago • Sep 25, 2025
12 days on market
$925.00
Property sold and closed
7 months ago • Mar 2, 2025
12 days on market
$920.00
Property sold and closed
1 year ago • Oct 28, 2024
16 days on market
$915.00
Property sold and closed
1 year ago • Aug 12, 2024
$915.00
Property sold and closed
1 year ago • Feb 8, 2024
$915.00
Property sold and closed
2 years ago • Sep 2, 2023
26 days on market
$895.00
Property sold and closed
2 years ago • Jul 6, 2023
3 days on market
$895.00
Property sold and closed
2 years ago • Jul 5, 2023
16 days on market
$895.00