2809 Cobalt Dr Clarksville, TN 37040
Estimated payment $3,836/month
Highlights
- No HOA
- Central Heating
- Carpet
- Cooling Available
About This Home
Fantastic Investment Opportunity in a Prime Location!
This well-maintained quadplex offers both strong rental potential and a convenient location that tenants will love. Fully Occupied! Situated near Governor’s Square Mall, the Industrial Park, Gateway Hospital, and with quick access to the interstate, this property is perfectly positioned for consistent occupancy.
Whether you're expanding your portfolio or just starting out, this multi-family property delivers steady income in one of Clarksville’s most accessible areas. Don’t miss this chance to invest in a high-demand rental market! Please give a 48-hour notice to schedule a showing, no showings without an accepted offer.
Listing Agent
KKI Ventures, INC dba Marshall Reddick Real Estate Brokerage Phone: 8082386181 License #368413 Listed on: 07/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,068
Year Built
- Built in 2006
Home Design
- Quadruplex
- Vinyl Siding
Interior Spaces
- 4,140 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 1 Open Parking Space
- 1 Parking Space
Schools
- Oakland Elementary School
- Northeast Middle School
- Northeast High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 063032K J 01100 00002032N
Community Details
Overview
- No Home Owners Association
- 4 Units
- Terminal Road Apartm Subdivision
Building Details
- Operating Expense $7,268
- Gross Income $39,360
- Net Operating Income $32,092
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $6,068 | $203,640 | $0 | $0 |
| 2023 | $6,068 | $111,480 | $0 | $0 |
| 2022 | $4,704 | $111,480 | $0 | $0 |
| 2021 | $4,704 | $112,360 | $0 | $0 |
| 2020 | $4,517 | $112,360 | $0 | $0 |
| 2019 | $4,517 | $112,360 | $0 | $0 |
| 2018 | $4,637 | $105,600 | $0 | $0 |
| 2017 | $1,334 | $107,600 | $0 | $0 |
| 2016 | $3,303 | $107,600 | $0 | $0 |
| 2015 | $4,535 | $107,600 | $0 | $0 |
| 2014 | $4,474 | $107,600 | $0 | $0 |
| 2013 | $4,730 | $108,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $625,000 | +60.3% | $151 / Sq Ft |
| 03/22/2021 03/22/21 | Sold | $390,000 | 0.0% | $94 / Sq Ft |
| 02/06/2021 02/06/21 | Pending | -- | -- | -- |
| 02/05/2021 02/05/21 | For Sale | $390,000 | 0.0% | $94 / Sq Ft |
| 08/17/2020 08/17/20 | Rented | $1,375 | 0.0% | -- |
| 08/13/2020 08/13/20 | Under Contract | -- | -- | -- |
| 08/10/2020 08/10/20 | For Rent | $1,375 | 0.0% | -- |
| 08/07/2020 08/07/20 | Under Contract | -- | -- | -- |
| 07/14/2020 07/14/20 | For Rent | $1,375 | -99.5% | -- |
| 06/30/2020 06/30/20 | Rented | $279,900 | 0.0% | -- |
| 04/24/2020 04/24/20 | Under Contract | -- | -- | -- |
| 04/09/2020 04/09/20 | Rented | -- | -- | -- |
| 04/07/2020 04/07/20 | Under Contract | -- | -- | -- |
| 04/03/2020 04/03/20 | For Rent | $279,900 | 0.0% | -- |
| 03/17/2020 03/17/20 | Off Market | $279,900 | -- | -- |
| 02/13/2020 02/13/20 | For Rent | -- | -- | -- |
| 07/07/2017 07/07/17 | Sold | $265,000 | -1.1% | $64 / Sq Ft |
| 05/31/2017 05/31/17 | Pending | -- | -- | -- |
| 05/10/2017 05/10/17 | For Sale | $268,000 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $380,000 | Freedom Title Services Llc | |
| Warranty Deed | $265,000 | -- | |
| Deed | $224,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $285,000 | New Conventional | |
| Previous Owner | $265,000 | VA | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $205,000 | Commercial | |
| Previous Owner | $168,000 | No Value Available |
Source: Realtracs
MLS Number: 2964051
APN: 032K-J-011.00
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