701 Cumberland Dr

Active

Clarksville, TN 37040

Bedrooms
0
Bathrooms
6,180.00
Sq Ft
Acres
Updated 35 minutes ago MLS #: 3132629 Listed 2 weeks ago

$800,000.00

Est. Monthly: $3,861.16
$129
Per Sq Ft

About This Property

Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.

Location

Subdivision Elder
Directions I24W exit 3 turn left onto main road drive down to cumberland and turn right

Interior Features

Heating Electric
Cooling Electric
Flooring Laminate

Exterior & Property

Stories 2
Construction Materials Frame
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 1941
Annual Taxes $2,326.00
Listing Office Bradford Real Estate
Listing Agent Devan McClish
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-03-04T00:36:23+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 Elder neighborhood

Clarksville Market

City-wide statistics

Explore Clarksville
2390
Active Listings
$270,292.02
Avg Price
1,770
Avg Sq Ft
3.0
Avg Bedrooms

Elder

Neighborhood statistics

Explore Elder
5
Active Listings
$312,170.00
Avg Price
2,359
Avg Sq Ft
2.3
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3132629

Currently active listing

1 week ago • Feb 19, 2026

13 days on market

$800,000.00

Sold

MLS# 3132633

Property sold and closed

1 week ago • Feb 19, 2026

13 days on market

$850.00

Sold

MLS# 2390244

Property sold and closed

3 years ago • Oct 5, 2022

67 days on market

$499,900.00

Sold: $430,000.00

Originally: $599,900.00