701 Cumberland Dr Clarksville, TN ^$ 800,000

701 Cumberland Dr

^$ 800,000

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Recently Listed

701 Cumberland Dr

Clarksville, TN, 37040

^$ 800,000

Bedrooms2 Baths0.0 Sq 6,180

Monthly Estimate*

^$ 4,926

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701 Cumberland Dr, Clarksville, TN 37040 - Image 9

701 Cumberland Dr, Clarksville, TN 37040 - Image 10

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701 Cumberland Dr, Clarksville, TN 37040 - Image 12

701 Cumberland Dr, Clarksville, TN 37040 - Image 13

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Multi-Family Home for sale in Clarksville, TN

for $800,000 with 2 bedrooms. This 6,180 square foot home was built in 1941.

Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.

Multi-Family Active

Price

^$ 800,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,326

Style

Multi Family

Year Built

1941

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

3132629

Features

General

Living Area 6180

Sewer Public Sewer

Heating Electric

Cooling Electric

Utilities Electricity Available Water Available

Possession Close Of Escrow

Zoning R2

Garage Spaces 0

Construction Materials Frame

Year Built 1941

Tenant Pays Electricity Water

Stories Count 2

Levels One

Gross Income 75280

County Montgomery County TN

Net Operating Income 52958

Operating Expense 22322

New Construction N

Property Type Residential Income

Attached Garage N

Subdivision Name Elder

Garage Y/N N

Rent Includes Trash Collection

Status Active

Buyer Financing Conventional

Directions I24W exit 3 turn left onto main road drive down to cumberland and turn right

High School Clarksville High

City Clarksville

Senior Community Y/N N

Open Parking Spaces 10

Number Of Units Total 10

Lot Size Units Acres

Elementary School Norman Smith Elementary

Property Attached Y/N Y

Year Built Details Renovated

Tax Annual Amount 2326

Middle/Junior High School Richview Middle

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Total Actual Rent 3250

Interior

Flooring Laminate

Air Conditioning Y/N Y

Heating Y/N Y

Above Grade Finished Area 6180

Laundry Features Share

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

Exterior

Parking Features Gravel

Water Source Public

Total Parking 10

Inclusions Appliances

Building Area Total 6180

Waterfront Y/N N

Covered Spaces 0

Internal Only

Street Number 1 701

* Excluded Features

List By

Bradford Real Estate

Broker

devanolympus@gmail.com

Affordability Calculator

$5,120

Per Month

Monthly Principal & Interest: $4,926
Monthly Property Taxes: $194
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Clarksville, TN

Average List Price ^$731,402

Percent of Sale Price 9%

About Clarksville, TN

156,694 Population

53% Since 2002

^$49,656 Median Income

32.36 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2946822 Elementary School

4313266 Middle School

Clarksville High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2026	$800,000		Listed Price

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701 Cumberland Dr, Clarksville, TN, 37040 is a Multi-Family Home for sale at $800,000 with 6,180 sqft. 701 Cumberland Dr has 2 bedrooms, 0.0 baths, and was built in 1941. The property's zip code is 37040 which is in Clarksville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/20/2026.

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701 Cumberland Dr

Multi-Family Home for sale in Clarksville, TN

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