457 SHELBY STREET

Active

Clarksville, TN 37042

Bedrooms
0
Bathrooms
7,712.00
Sq Ft
Acres
Updated 2 minutes ago MLS #: 3061387 Listed 1 day ago

$1,800,000.00

Est. Monthly: $8,687.61
$233
Per Sq Ft

About This Property

Exceptional 9-Door Investment Package on ONE Street! Fully Rented, Turnkey, and Producing $134,688 Annual Gross Rents. This rare portfolio includes 7 single-family homes + 1 duplex (9 total units) with annual property taxes of just $12,544, tenant-paid utilities/lawn care/trash, and a projected NOI of $112,350, delivering a 6.24% cap rate at the $1,800,000 list price. Average rent is $1,247 per door, with full per-unit rent roll details provided in media links.. Zoned R-3, allowing medium-density residential flexibility. All units feature separate utilities, HVAC, washer/dryer hookups, kitchen appliances, and off-street parking, plus dedicated landlord storage beneath the duplex for maintenance convenience. Addresses included: 424, 442, 451 A–D, 455, and 457 A&B Shelby Street. Newer construction: 455 & 457 (built 2020) and 451 A–D (built 2022) with roofs, HVAC, windows, electric, plumbing, windows, and systems of matching age. Updated classics: 424 (1950) and 442 (1960), both renovated. All homes are on annual leases or longer, providing stability and consistent performance. Located in Clarksville near Fort Campbell, Austin Peay State University, employment opportunities, and major shopping corridors. This high-demand area supports strong, reliable occupancy. All units are occupied. Please do not disturb tenants or walk the property. No showings prior to negotiated offer. Make offer contingent on viewing inside. A rare opportunity to own a high-performing, low-maintenance, centrally located 9-door portfolio on a single block—with optional future flexibility to sell units individually.

Location

Subdivision Dunnaway & Shelby
Directions ADDDRESSES ARE: 424, 442, 451 A, 451 B, 451 C, 451 D, 455, AND 457 A&B SHELBY STREET, CLARKSVILLE. DO NOT ENTER PROPERTIES OR USE DRIVEWAYS. From I24 West, Exit 8 at Rossview Rd L, Wilma Rudolph Blvd L, Hwy 79/Kraft R, N Second R, Shelby R

Interior Features

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

Exterior & Property

Stories 1
Construction Materials Frame
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Byrns Darden Elementary
6-8
Middle School
Kenwood Middle School
9-12
High School
Kenwood High School

Property Details

Property Type Residential Income
Year Built 2020
Annual Taxes $12,544.00
Listing Office Urbane Residential Specialists
Listing Agent Sher Powers
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-12-13T21:34:51+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 Dunnaway & Shelby neighborhood

Clarksville Market

City-wide statistics

Explore Clarksville
2556
Active Listings
$279,501.36
Avg Price
1,846
Avg Sq Ft
3.1
Avg Bedrooms

Dunnaway & Shelby

Neighborhood statistics

Explore Dunnaway & Shelby
2
Active Listings
$1,059,500.00
Avg Price
5,260
Avg Sq Ft
5.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3061387

Currently active listing

23 hours ago • Dec 12, 2025

1 days on market

$1,800,000.00