267 Smithson Ln Clarksville, TN 37040
Clarksville AreaEstimated payment $4,803/month
Highlights
- No HOA
- Central Heating and Cooling System
- Ceiling Fan
- Accessible Doors
About This Home
Quadplex in Flint Ridge with an assumable VA loan at a 2.706% fixed interest rate. This is a rare opportunity to acquire an income-producing multi-family property with below-market financing already in place. The existing first mortgage of approximately $399,000 is eligible for VA loan assumption by a qualified buyer with sufficient VA entitlement. A discounted second note is also part of the transaction structure, creating additional value for the right buyer. Sellers are motivated and will consider reasonable offers. The property features four two-story townhome-style units, each with 2 bedrooms and 2.5 bathrooms. Total living area is 4,612 square feet on a half-acre lot zoned R-4 Multi-Family Residential. Construction includes common brick exterior, composition shingle roofing, slab-on-grade foundation, and individual HVAC split systems in each unit. The 2026 county appraised value is $807,900.
3 units rented and a 4th almost signed up, Gross monthly rental income is $4,698 with upside potential at lease renewals. The interest rate differential between the assumable loan and current market rates represents significant monthly savings, making this property cash-flow positive under the assumed financing structure. At prevailing market rates, this same property would not generate positive cash flow, which underscores the value of the assumption. Buyer must qualify for VA loan assumption,
Listing Agent
Keller Williams Realty Clarksville Brokerage Phone: 7075922777 License #367269 Listed on: 08/01/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,630
Year Built
- Built in 2021
Home Design
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 4,612 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Washer and Electric Dryer Hookup
Parking
- 10 Parking Spaces
- Shared Driveway
- 10 Open Parking Spaces
Accessible Home Design
- Accessible Doors
Schools
- Glenellen Elementary School
- Kenwood Middle School
- Kirkwood High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- The owner pays for water
- Rent includes water
- Assessor Parcel Number 063041A F 03600 00006041
Community Details
Overview
- No Home Owners Association
- 4 Units
- Flint Ridge Subdivision
Building Details
- Operating Expense $21,355
- Gross Income $56,376
- Net Operating Income $35,021
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,928 | $323,160 | $0 | $0 |
| 2024 | $13,637 | $323,160 | $0 | $0 |
| 2023 | $6,701 | $158,800 | $0 | $0 |
| 2022 | $6,701 | $158,800 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2026 08/01/26 | For Sale | $725,000 | 0.0% | $157 / Sq Ft |
| 06/18/2026 06/18/26 | Pending | -- | -- | -- |
| 03/20/2026 03/20/26 | For Sale | $725,000 | -- | $157 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $431,600 | Foundation T&E Clarksville |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $447,137 | VA |
Source: Realtracs
MLS Number: 3137039
APN: 041A-F-036.00-00006041
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Listings courtesy of Realtracs as distributed by MLS GRID.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.