1244 Parkway Pl Clarksville, TN $ 559,900
1244 Parkway Pl
$ 559,900
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1244 Parkway Pl

Clarksville, TN, 37042
$ 559,900
Bedrooms8 Baths8.0 Sq 4,400

Monthly Estimate*

$ 3,535

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Multi-Family Home for sale in Clarksville, TN

for $559,900 with 8 bedrooms and 8 full baths. This 4,400 square foot home was built in 1999.

Don’t miss this excellent opportunity to add an income-producing fourplex to your investment portfolio. This multifamily property features four units, with three currently occupied and generating rental income. One vacant unit is available for viewing and is currently being marketed for rent. The property also includes space beneath the building that may be used for storage or potentially converted into an additional unit, subject to zoning, permitting, and buyer verification. The property is being sold strictly as-is, and the seller will make no repairs. With a full-price offer, the seller will contribute up to $4,000 toward buyer concessions. These terms are firm!! Please do not disturb the tenants. No showings of occupied units will be permitted without an executed purchase contract. The vacant unit may be shown to qualified buyers and agents until it is leased. Whether you are a seasoned investor looking to expand your portfolio or a buyer seeking a multifamily property with income-producing potential, 1244 Parkway Place deserves your attention.

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Multi-Family Active

Price

$ 559,900

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 6,674

Style

Quadruplex

Year Built

1999

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

3245925

Features
General
Living Area 4400
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 1999
Tenant Pays Electricity Gas Trash Collection Water
Stories Count 2
Levels Two
Gross Income 38164
County Montgomery County TN
Net Operating Income 17611
Operating Expense 20553
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Parkway Place
Garage Y/N N
Rent Includes None
Status Active
Directions 101st toward Fort Campbell. Make a left onto Parkway Dr. The building will be on the right
High School Kenwood High School
City Clarksville
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Elementary School Kenwood Elementary School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 6674
Middle/Junior High School Kenwood Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 2725
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 4400
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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Exterior
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 4400
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 1244
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* Excluded Features
List By
Kki Ventures, Inc Dba Marshall Reddick Real Estate

Broker

mwomack@realtracs.com

Email

Affordability Calculator

$4,091
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,535
Monthly Property Taxes
$556
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
4313272 Elementary School
245722 Middle School
Kenwood High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$559,900 Listed Price

Map


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1244 Parkway Pl, Clarksville, TN, 37042 is a Multi-Family Home for sale at $559,900 with 4,400 sqft. 1244 Parkway Pl has 8 bedrooms, 8.0 baths, and was built in 1999. The property's zip code is 37042 which is in Clarksville, TN