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860 Lou Ann Ln Clarksville, TN $ 460,000
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$ 460,000 Get more info
860 Lou Ann Ln
$ 460,000
Back to search
Share Save

860 Lou Ann Ln

Clarksville, TN, 37042
$ 460,000
Bedrooms4 Baths4.0 Sq 4,500

Monthly Estimate*

$ 2,832

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Multi-Family Home for sale in Clarksville, TN

for $460,000 with 4 bedrooms and 4 full baths. This 4,500 square foot home was built in 1990.

6 unit parcel at 860-866 Lou Ann Lane with 6 manufactured homes on 1.73 acre site. Fully leased. Several units with long time tenants. This is a turnkey deal at the 1% rule which is just hard to come by these days for investors. DO NOT DISTURB TENANTS. 8+% cap rate.

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Multi-Family Active

Price

$ 460,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,439

Style

Multi Family

Year Built

1990

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

3179229
Features
General
Living Area 4500
Sewer Public Sewer
Heating Electric
Cooling Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Zoning RM-1
Garage Spaces 0
Construction Materials Other
Year Built 1990
Tenant Pays Electricity Water
Stories Count 1
Levels One
Gross Income 54294
County Montgomery County TN
Net Operating Income 38006
Operating Expense 16288
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Rent Includes Trash Collection
Status Active
Directions Turn on Lou Ann from Evans Rd
High School Northwest High School
City Clarksville
Senior Community Y/N N
Number Of Units Total 6
Lot Size Units Acres
Elementary School Minglewood Elementary
Property Attached Y/N Y
Year Built Details Approximate
Tax Annual Amount 1439
Middle/Junior High School New Providence Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 1624
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Interior
Flooring Carpet Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 4500
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
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 4500
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 860
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* Excluded Features
List By
The Focus Group Of Tn, Llc

Broker

SDrennan@realtracs.com

Email

Affordability Calculator

$2,952
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,832
Monthly Property Taxes
$120
Monthly 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
245674 Elementary School
4313262 Middle School
Northwest High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/28/2026$460,000 -3.16% Price Down
4/19/2026$475,000 Listed Price

Map

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860 Lou Ann Ln, Clarksville, TN, 37042 is a Multi-Family Home for sale at $460,000 with 4,500 sqft. 860 Lou Ann Ln has 4 bedrooms, 4.0 baths, and was built in 1990. The property's zip code is 37042 which is in Clarksville, TN

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