919 Martin St Clarksville, TN $ 5,130,000
919 Martin St
$ 5,130,000
New Construction
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919 Martin St

Clarksville, TN, 37040
$ 5,130,000
Bedrooms6 Baths9.0 Sq 29,700

Monthly Estimate*

$ 32,005

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Multi-Family Home for sale in Clarksville, TN

for $5,130,000 with 6 bedrooms and 9 full baths. This 29,700 square foot home was built in 2025.

Welcome to Phase Two of Martin Place Townhomes—an exceptional opportunity to acquire a pad-ready, fully approved development site in the heart of Clarksville. This phase consists of 24 units across Buildings B, C, and D, and 3 units in Building A currently cash flowing positioned! Vertical construction can begin immediately, offering investors the ability to capitalize on strong rental demand with minimal delay. Each townhome is designed with modern finishes, including two bedrooms with private en-suite bathrooms, upstairs laundry, granite countertops, stainless steel appliances, and either a deck or patio depending on elevation. The property is zoned to allow short-term rentals, creating flexibility for both traditional leasing strategies and higher-yield rental options. Located just minutes from the revitalized downtown district and the F&M Bank Arena, Phase Two is strategically positioned to benefit from Clarksville’s rapid growth. Rent roll from Phase One (already producing income) is available upon request to support underwriting. Property may be purchased in full or by building, with acceptable terms.

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Multi-Family Active

Price

$ 5,130,000

Bedrooms

6

Full Bath

9

Property Type

Multi-Family

Taxes

$ 999

Style

Multi Family

Year Built

2025

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

2980024

Features
General
Living Area 29700
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Available Water Available
Possession Negotiable
Roof Shingle
Zoning R-4
HOA Fee 100
Garage Spaces 0
Association Fee Includes Maintenance Structure Maintenance Grounds Insurance Pest Control Trash
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick Vinyl Siding
Year Built 2025
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Gross Income 0
HOA Fee 2 300
Assoc Fee Paid Per Monthly
County Montgomery County TN
Net Operating Income 0
Operating Expense 0
New Construction Y
Property Type Residential Income
Association Amenities Sidewalks
Attached Garage N
Subdivision Name Martin Place Townhomes
Garage Y/N N
Rent Includes Association Fees
Status Active
Directions From F&M Bank Arena Turn Right on S 2nd St Turn Left on Crossland Ave Turn Right on Martin St Development is on Left.
High School Clarksville High
City Clarksville
Senior Community Y/N N
Number Of Units Total 27
Lot Size Units Acres
HOA Fee 2 Frequency One Time
Elementary School Norman Smith Elementary
Property Attached Y/N Y
Year Built Details New
Tax Annual Amount 999
Middle/Junior High School Richview Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot B C D
Total Actual Rent 3785
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 29700
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Builder
Above Grade Finished Area Source Builder
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Lot
Water Source Public
Total Parking 0
Inclusions Negotiable
Building Area Total 29700
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 919
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* Excluded Features
List By
Unique Real Estate

Broker

Shannon@TheHeimGroupTN.com

Email

Affordability Calculator

$32,088
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,005
Monthly Property Taxes
$83
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.
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Nearby
2946822 Elementary School
4313266 Middle School
Clarksville High High School
Pricing History
DatePricePrice ChangeDescription
8/23/2025$5,130,000 Listed Price

Map


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919 Martin St, Clarksville, TN, 37040 is a Multi-Family Home for sale at $5,130,000 with 29,700 sqft. 919 Martin St has 6 bedrooms, 9.0 baths, and was built in 2025. The property's zip code is 37040 which is in Clarksville, TN