470 Martha Ln Clarksville, TN $ 1,050,000
470 Martha Ln
$ 1,050,000
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470 Martha Ln

Clarksville, TN, 37043
$ 1,050,000
Bedrooms8 Baths0.0 Sq 6,400

Monthly Estimate*

$ 6,551

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Multi-Family Home for sale in Clarksville, TN

for $1,050,000 with 8 bedrooms. This 6,400 square foot home was built in 1997.

Exceptional Investment Opportunity! This property features two full-brick buildings, each offering 4 single-level units for a total of 8 income-producing rentals. Most units have been thoughtfully renovated with premium vinyl flooring, updated appliances, modern lighting, and fresh paint. Seven of the eight HVAC systems have been recently replaced, minimizing future maintenance costs. Nestled in a quiet, tree-lined setting yet conveniently located near shopping and dining, this location offers the ideal blend of privacy and accessibility for tenants. Current rents are below market, presenting immediate upside potential for increased rental income.

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Multi-Family Contingent

Price

$ 1,050,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 8,099

Style

Multi Family

Year Built

1997

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

2957564

Features
General
Living Area 6400
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Negotiable
Roof Shingle
Zoning R-4
Garage Spaces 0
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick
Year Built 1997
Tenant Pays Electricity Gas Water
Stories Count 2
Levels Two
Gross Income 88980
County Montgomery County TN
Net Operating Income 64180
Operating Expense 24800
New Construction N
Property Type Residential Income
Association Amenities Sidewalks
Attached Garage N
Contingency Financing
Subdivision Name Ashland Forest Estat
Garage Y/N N
Rent Includes Trash Collection
Status Under Contract - Showing
Directions From I24 West turn left on TN-76 West Proceed straight over Madison St to Ashland City Rd Turn right on Old Ashland City Rd and follow for approximately one mile Turn left on Martha Ln. Property is t
High School Clarksville High
City Clarksville
Senior Community Y/N N
Number Of Units Total 8
Lot Size Units Acres
Elementary School Barksdale Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 8099
Middle/Junior High School Richview Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Total Actual Rent 3825
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Interior
Flooring Carpet Laminate Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 6400
Laundry Features Share Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Concrete Unassigned
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 6400
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 470
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* Excluded Features
List By
Keller Williams Realty Clarksville

Broker

Shannon@TheHeimGroupTN.com

Email

Affordability Calculator

$7,226
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,551
Monthly Property Taxes
$675
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
244521 Elementary School
4313266 Middle School
Clarksville High High School
Pricing History
DatePricePrice ChangeDescription
7/25/2025$1,050,000 Listed Price

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470 Martha Ln, Clarksville, TN, 37043 is a Multi-Family Home for sale at $1,050,000 with 6,400 sqft. 470 Martha Ln has 8 bedrooms, 0.0 baths, and was built in 1997. The property's zip code is 37043 which is in Clarksville, TN