5 Black Jack Way Clarksville, TN $ 800,000
5 Black Jack Way
$ 800,000
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5 Black Jack Way

Clarksville, TN, 37040
$ 800,000
Bedrooms8 Baths8.0 Sq 5,829

Monthly Estimate*

$ 5,051

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Multi-Family Home for sale in Clarksville, TN

for $800,000 with 8 bedrooms and 8 full baths. This 5,829 square foot home was built in 2009.

Seize a premier investment opportunity in the heart of Clarksville with this meticulously maintained 6 unit townhouse complex. Big ticket items have already been crossed off your worry list. A brand new roof was installed in 2022, providing a crisp look and solid protection for years to come. Two HVAC units have recently been replaced with new HVAC systems, one in 2023 and the most recent in 2026. Located on a prominent corner lot within the established Oak Arbor subdivision, 5 Blackjack Way offers a robust addition to any portfolio, boasting a reported NOI of $59,400 and a design centered on long term tenant appeal. Built in 2009, this 5,829 square foot multi family property consists of six townhome style units, each offering approximately 950 to 1,000 square feet of living space. The interiors are designed for durability and comfort, featuring a practical mix of carpet, tile, and vinyl flooring. Every unit comes fully equipped with a comprehensive appliance package including a refrigerator, oven/range, microwave, and dishwasher along with the added convenience of an in unit washer and dryer. Residents also benefit from private, attached outdoor storage, a highly sought-after feature that sets this property apart. The location is a major driver for consistent occupancy. Situated with easy access to both Exits 1 and 4, the property is positioned near major employment hubs and local staples, including Fort Campbell and Austin Peay State University. A wealth of shopping and dining options are just minutes away, ensuring the area remains a top choice for those seeking a well connected lifestyle. With ample parking on site and a turn key infrastructure, this property is primed for the investor looking for stability and performance in one of Tennessee’s most dynamic markets. Schedule a showing to explore the potential of this exceptional multi family asset.

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Multi-Family Active

Price

$ 800,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 9,909

Style

Multi Family

Year Built

2009

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

3243026

Features
General
Living Area 5829
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Zoning Commercial
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Brick Vinyl Siding
Year Built 2009
Tenant Pays Electricity
Stories Count 2
Levels Two
Gross Income 75000
County Montgomery County TN
Net Operating Income 59400
Operating Expense 15600
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Oak Arbor
Garage Y/N N
Rent Includes Trash Collection Water
Status Active
Buyer Financing Conventional Other
Directions 101st Parkway to Pea Ridge Rd right on Tracy Ln right on Blackjack Way. Building is on the right. GPS: 5 Blackjack Way Clarksville TN 37040.
High School Kenwood High School
City Clarksville
Senior Community Y/N N
Number Of Units Total 6
Lot Size Units Acres
Elementary School Glenellen Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 9909
Middle/Junior High School Kenwood Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4040
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Interior
Flooring Carpet Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 5829
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 5829
Lot Dimensions 71
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 5
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* Excluded Features
List By
Compass Re Dba Compass Clarksville

Broker

cristen.bell@compass.com

Email

Affordability Calculator

$5,877
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$826
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
307142 Elementary School
245722 Middle School
Kenwood High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$800,000 -3.03% Price Down
6/15/2026$825,000 Listed Price

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5 Black Jack Way, Clarksville, TN, 37040 is a Multi-Family Home for sale at $800,000 with 5,829 sqft. 5 Black Jack Way has 8 bedrooms, 8.0 baths, and was built in 2009. The property's zip code is 37040 which is in Clarksville, TN