Clarksville, TN 37040
$825,000.00
Seize a premier investment opportunity in the heart of Clarksville with this meticulously maintained 6 unit townhouse complex. Big ticket items have already been crossed off your worry list. A brand new roof was installed in 2022, providing a crisp look and solid protection for years to come. Two HVAC units have recently been replaced with new HVAC systems, one in 2023 and the most recent in 2026. Located on a prominent corner lot within the established Oak Arbor subdivision, 5 Blackjack Way offers a robust addition to any portfolio, boasting a reported NOI of $59,400 and a design centered on long term tenant appeal. Built in 2009, this 5,829 square foot multi family property consists of six townhome style units, each offering approximately 950 to 1,000 square feet of living space. The interiors are designed for durability and comfort, featuring a practical mix of carpet, tile, and vinyl flooring. Every unit comes fully equipped with a comprehensive appliance package including a refrigerator, oven/range, microwave, and dishwasher along with the added convenience of an in unit washer and dryer. Residents also benefit from private, attached outdoor storage, a highly sought-after feature that sets this property apart. The location is a major driver for consistent occupancy. Situated with easy access to both Exits 1 and 4, the property is positioned near major employment hubs and local staples, including Fort Campbell and Austin Peay State University. A wealth of shopping and dining options are just minutes away, ensuring the area remains a top choice for those seeking a well connected lifestyle. With ample parking on site and a turn key infrastructure, this property is primed for the investor looking for stability and performance in one of Tennessee’s most dynamic markets. Schedule a showing to explore the potential of this exceptional multi family asset.
Based on information submitted to the MLS GRID as of 2026-07-21T23:30:55+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 Oak Arbor neighborhood
City-wide statistics
Neighborhood statistics
Timeline of listing events and status changes
Currently active listing
1 month ago • Jun 15, 2026
28 days on market
$825,000.00