457 SHELBY STREET
Clarksville, TN, 37042 $ 1,800,000
Baths0.0 Sq 7,712 Monthly Estimate*
$ 11,230
Studio for $1,800,000. This 7,712 square foot home was built in 2020.
Exceptional 9-Door Investment Package on ONE Street! Fully Rented, Turnkey, and Producing $134,688 Annual Gross Rents. This rare portfolio includes 7 single-family homes + 1 duplex (9 total units) with annual property taxes of just $12,544, tenant-paid utilities/lawn care/trash, and a projected NOI of $112,350, delivering a 6.24% cap rate at the $1,800,000 list price. Average rent is $1,247 per door, with full per-unit rent roll details provided in media links.. Zoned R-3, allowing medium-density residential flexibility. All units feature separate utilities, HVAC, washer/dryer hookups, kitchen appliances, and off-street parking, plus dedicated landlord storage beneath the duplex for maintenance convenience. Addresses included: 424, 442, 451 A–D, 455, and 457 A&B Shelby Street. Newer construction: 455 & 457 (built 2020) and 451 A–D (built 2022) with roofs, HVAC, windows, electric, plumbing, windows, and systems of matching age. Updated classics: 424 (1950) and 442 (1960), both renovated. All homes are on annual leases or longer, providing stability and consistent performance. Located in Clarksville near Fort Campbell, Austin Peay State University, employment opportunities, and major shopping corridors. This high-demand area supports strong, reliable occupancy. All units are occupied. Please do not disturb tenants or walk the property. No showings prior to negotiated offer. Make offer contingent on viewing inside. A rare opportunity to own a high-performing, low-maintenance, centrally located 9-door portfolio on a single block—with optional future flexibility to sell units individually.
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FeaturesGeneralLiving Area 7712
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Zoning R-3
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Frame
Year Built 2020
Tenant Pays Electricity Trash Collection Water
Stories Count 1
Levels One
Gross Income 134688
County Montgomery County TN
Net Operating Income 131377
Operating Expense 3311
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Dunnaway & Shelby
Garage Y/N N
Rent Includes None
Status Active
Directions ADDDRESSES ARE: 424 442 451 A 451 B 451 C 451 D 455 AND 457 A&B SHELBY STREET CLARKSVILLE. DO NOT ENTER PROPERTIES OR USE DRIVEWAYS. From I24 West Exit 8 at Rossview Rd L Wilma Rudolph Blvd L Hwy 79/
High School Kenwood High School
City Clarksville
Senior Community Y/N N
Open Parking Spaces 17
Number Of Units Total 9
Lot Size Units Acres
Elementary School Byrns Darden Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 12544
Middle/Junior High School Kenwood Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4999
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InteriorFlooring Carpet Wood Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 7712
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Other
Above Grade Finished Area Source Other
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Concrete Gravel
Water Source Public
Total Parking 17
Inclusions Appliances
Building Area Total 7712
Waterfront Y/N N
Covered Spaces 0
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* Excluded FeaturesList ByUrbane Residential SpecialistsBroker
SPOWERS@realtracs.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,230
- Monthly Property Taxes
- $1,045
- 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 NearbyMulti-family listings in Clarksville, TN
Average List Price $885,915
Percent of Sale Price 51%
About Clarksville, TN 156,694 Population
53% Since 2002
$ 49,656 Median Income
32.36 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4313396 Elementary School
245722 Middle School
Kenwood High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/12/2025 | $1,800,000 | | Listed Price |