535 Lafayette Rd Lot 5 Clarksville, TN $ 649,000
535 Lafayette Rd Lot 5
$ 649,000
Share Save

535 Lafayette Rd Lot 5

Clarksville, TN, 37042
$ 649,000
Bedrooms12 Baths8.0 Sq 4,280

Monthly Estimate*

$ 4,049

535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 1
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 2
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 3
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 4
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 5
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 6
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 7
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 8
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 9
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 10
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 11
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 12
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 13
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 14
535 Lafayette Rd Lot 5, Clarksville, TN 37042 - Image 15

Multi-Family Home for sale in Clarksville, TN

for $649,000 with 12 bedrooms and 8 full baths. This 4,280 square foot home was built in 2007.

Seller Paid PERMANENT RATE BUY DOWN with Sellers' Preferred Lender! Ask for details. Great income property that is fully occupied with $4790 a month in rent roll, managed professionally by a local manager with no issues. You can close and walk right into a turnkey income property. Each unit is 3 bedrooms with a large family bathroom upstairs, downstairs is an open concept living kitchen, and living room, with a 1/2 bath and an attached garage for each unit! Newer HVAC and roof. Land use is commercial. Zoning Code is R-4 Multi Family Residential, offering flexibility to use to live in one, long-term rent the others, or even do NOO STR AirBnB investment, and you can take advantage of the new tax laws and 100% Bonus Depreciation! VA and FHA eligible, if you want to occupy the unit with the lease up!

See more

Multi-Family Active

Price

$ 649,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 8,742

Style

Quadruplex

Year Built

2007

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

2975979

Features
General
Living Area 4280
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Negotiable
Roof Shingle
Zoning Commercial
Garage Spaces 1
Construction Materials Brick
Year Built 2007
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Gross Income 57480
County Montgomery County TN
Net Operating Income 48236
Operating Expense 9244
New Construction N
Property Type Residential Income
Attached Garage Y
Subdivision Name Lafayette Road Apart
Garage Y/N Y
Rent Includes None
Status Active
Buyer Financing Conventional FHA Other VA
Directions Ft Campbell blvd to Lafayette Rd. Building is 1.2 miles down on right.
High School Northwest High School
City Clarksville
Senior Community Y/N N
Open Parking Spaces 8
Number Of Units Total 4
Lot Size Units Acres
Elementary School Minglewood Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 8742
Middle/Junior High School New Providence Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4790
See more
Interior
Flooring Carpet Tile
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 4280
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Appraiser
Above Grade Finished Area Source Appraiser
Above Grade Finished Area Unit Type Square Feet
See more
Exterior
Parking Features Garage Faces Front Concrete Parking Lot
Water Source Public
Total Parking 9
Inclusions Appliances
Building Area Total 4280
Waterfront Y/N N
Covered Spaces 1
See more
Internal Only
Street Number 1 535
See more
* Excluded Features
List By
Compass Re

Broker

ethan@thelanagangroup.com

Email

Affordability Calculator

$4,777
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,049
Monthly Property Taxes
$729
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
245674 Elementary School
4313262 Middle School
Northwest High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$649,000 -0.15% Price Down
8/18/2025$650,000 Listed Price

Map


See all

535 Lafayette Rd Lot 5, Clarksville, TN, 37042 is a Multi-Family Home for sale at $649,000 with 4,280 sqft. 535 Lafayette Rd Lot 5 has 12 bedrooms, 8.0 baths, and was built in 2007. The property's zip code is 37042 which is in Clarksville, TN