$1,900,000

143 Darlene Dr Clarksville, TN 37042

Estimated payment $12,131/month

Total Views 380
6 Beds
3 Baths
12,688 Sq Ft
$150 Price per Sq Ft

Highlights

  • No HOA
  • Home Security System
  • Carpet
  • Cooling Available
  • Central Heating

About This Home

Take a look at this 16-unit multifamily property situated in the heart of Clarksville, TN! This property is located just minutes from the University and is in close proximity to the military base, various banks, shopping centers, restaurants, and medical facilities. This complex consists of 2 buildings, featuring 16- 2 bed / 1 bath units. Each unit has its own W+D hookup and pays for utilities. The current owner has spent more than $100,000 on interior and exterior renovations included a new parking lot. This presents a remarkable opportunity for an investor to step in and take advantage of the renovations by raising rents to the market rate to increase the overall NOI.

Listing Agent

Hunter Smith

Residential Investment Advisors Brokerage Phone: 9312427382 License #357471 Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,285

Year Built

  • Built in 2005

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 12,688 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Driveway
  • Parking Lot

Schools

  • Byrns Darden Elementary School
  • New Providence Middle School
  • Northwest High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 063054F B 07800 00007054F

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Darnell Estates Subdivision

Building Details

  • Operating Expense $52,500
  • Gross Income $149,000
  • Net Operating Income $96,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,285

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2005
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • Attribution Contact: 9312427382
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bedrooms: 6
  • Above Grade Finished Sq Ft: 12688
  • Building Area Units: Square Feet
  • Living Area: 12688
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Concrete, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-4
  • Lot Size Units: Acres
  • Parcel #: 063054F B 07800 00007054F
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 149000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 96500
  • Number Of Units Total: 16
  • Annual Operating Expense: 52500
  • Total Actual Rent: 2800

Tax Info

  • Tax Annual Amount: 19285

MLS Schools

  • Elementary School: Byrns Darden Elementary
  • High School: Northwest High School
  • Middle Or Junior School: New Providence Middle

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $1,900,000 0.0% $150 / Sq Ft
04/23/2020 04/23/20 Rented -- -- --
04/13/2020 04/13/20 Under Contract -- -- --
03/24/2020 03/24/20 For Rent -- -- --
Source: Realtracs

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Source: Realtracs

MLS Number: 2936438

Realtracs