Clarksville, TN 37040
$1,399,000.00
Exceptional opportunity to own two side-by-side fourplexes (8 total units) on one parcel in the rapidly growing Clarksville market. Located approximately 1.3 miles from I-24 (Exit 1) and just under 4.5 miles from the site of Clarksville’s newly approved hospital, this multifamily asset is strategically positioned for long-term value. Each unit features 2 bedrooms, 2.5 bathrooms, with well-designed layouts ideal for tenant appeal. Interiors include LVP flooring on the main level, private en-suite bathrooms, and dedicated utility rooms, with most leases including washer and dryer sets—features that support strong occupancy and tenant satisfaction. Tenants benefit from proximity to Fort Campbell Army Base, Clarksville’s expanding Industrial Park, and Austin Peay State University, with quick access to shopping, dining, and local attractions. With the nearby hospital development, the property also stands to be a convenient housing option for future medical staff. The property is currently under professional management, offering investors a seamless, hands-off ownership experience with continued operational support in place. Whether you're looking for long-term rental income, exploring short-term rental potential, or seeking the option to owner-occupy a unit, this property offers versatility within a high-demand submarket. With all 8 units on a single parcel and modern, renter-friendly finishes throughout, this is a compelling asset in one of Middle Tennessee’s most active growth corridors.
Based on information submitted to the MLS GRID as of 2025-11-07T17:34:58+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 Sage Hollow neighborhood
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Timeline of listing events and status changes
Currently active listing
21 hours ago • Nov 6, 2025
1 days on market
$1,399,000.00
Property sold and closed
1 year ago • Feb 5, 2024
16 days on market
$1,250.00
Property sold and closed
2 years ago • Oct 18, 2023
1 days on market
$1,195.00
Property sold and closed
2 years ago • Sep 14, 2023
126 days on market
$1,150.00
Property sold and closed
2 years ago • Jan 13, 2023
$1,150.00
Property sold and closed
4 years ago • Aug 6, 2021
1 days on market
$1,325,000.00
Sold: $1,325,000.00
Property sold and closed
6 years ago • Oct 3, 2019
54 days on market
$995,000.00
Sold: $910,000.00
Property sold and closed
6 years ago • Jul 1, 2019
12 days on market
$850,000.00
Sold: $845,000.00