1760 Spring Water Dr Clarksville, TN $ 1,389,000
1760 Spring Water Dr
$ 1,389,000
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1760 Spring Water Dr

Clarksville, TN, 37040
$ 1,389,000
Bedrooms8 Baths12.0 Sq 8,992

Monthly Estimate*

$ 8,666

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Multi-Family Home for sale in Clarksville, TN

for $1,389,000 with 8 bedrooms and 12 full baths. This 8,992 square foot home was built in 2019.

Exceptional opportunity to own two side-by-side fourplexes (8 total units) on one parcel in the rapidly growing Clarksville market. Located approximately 1.3 miles from I-24 (Exit 1) and just under 4.5 miles from the site of Clarksville’s newly approved hospital, this multifamily asset is strategically positioned for long-term value. Each unit features 2 bedrooms, 2.5 bathrooms, with well-designed layouts ideal for tenant appeal. Interiors include LVP flooring on the main level, private en-suite bathrooms, and dedicated utility rooms, with most leases including washer and dryer sets—features that support strong occupancy and tenant satisfaction. Tenants benefit from proximity to Fort Campbell Army Base, Clarksville’s expanding Industrial Park, and Austin Peay State University, with quick access to shopping, dining, and local attractions. With the nearby hospital development, the property also stands to be a convenient housing option for future medical staff. The property is currently under professional management, offering investors a seamless, hands-off ownership experience with continued operational support in place. Whether you're looking for long-term rental income, exploring short-term rental potential, or seeking the option to owner-occupy a unit, this property offers versatility within a high-demand submarket. With all 8 units on a single parcel and modern, renter-friendly finishes throughout, this is a compelling asset in one of Middle Tennessee’s most active growth corridors.

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Multi-Family Active

Price

$ 1,389,000

Bedrooms

8

Full Bath

12

Property Type

Multi-Family

Taxes

$ 15,194

Style

Multi Family

Year Built

2019

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

3041765

Features
General
Living Area 8992
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Zoning R-4
Garage Spaces 0
Construction Materials Brick Vinyl Siding
Year Built 2019
Tenant Pays Cable TV Electricity
Stories Count 2
Levels Two
Gross Income 113805
County Montgomery County TN
Net Operating Income 70819
Operating Expense 42986
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Sage Hollow
Garage Y/N N
Rent Includes Trash Collection Water
Status Active
Directions From Exit 1 take Trenton Rd north. Turn left on Tylertown Rd and stay straight into Sage Hollow Subdivision then right on Spring Water Dr. Property is at the end on the right.
High School Kirkwood High
City Clarksville
Senior Community Y/N N
Number Of Units Total 8
Lot Size Units Acres
Elementary School Northeast Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 15194
Middle/Junior High School Kirkwood Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4720
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 8992
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 8992
Lot Dimensions 80
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 1760
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* Excluded Features
List By
Byers & Harvey Inc.

Broker

bradley@byersandharvey.com

Email

Affordability Calculator

$9,932
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,666
Monthly Property Taxes
$1,266
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
4240877 Elementary School
4313548 Middle School
Kirkwood High High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$1,389,000 -0.71% Price Down
11/6/2025$1,399,000 Listed Price

Map


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1760 Spring Water Dr, Clarksville, TN, 37040 is a Multi-Family Home for sale at $1,389,000 with 8,992 sqft. 1760 Spring Water Dr has 8 bedrooms, 12.0 baths, and was built in 2019. The property's zip code is 37040 which is in Clarksville, TN