457 Shelby St Clarksville, TN 37042
New Providence NeighborhoodEstimated payment $10,513/month
Highlights
- Wood Flooring
- Central Heating and Cooling System
- Property has 1 Level
- No HOA
About This Home
Exceptional 9-Door Investment Package on ONE Street! Fully Rented, Turnkey, and Producing $134,688 Annual Gross Rents. This rare portfolio includes 7 single-family homes + 1 duplex (9 total units) with annual property taxes of just $12,544, tenant-paid utilities/lawn care/trash, and a projected NOI of $112,350, delivering a 6.24% cap rate at the $1,800,000 list price. Average rent is $1,247 per door, with full per-unit rent roll details provided in media links..
Zoned R-3, allowing medium-density residential flexibility. All units feature separate utilities, HVAC, washer/dryer hookups, kitchen appliances, and off-street parking, plus dedicated landlord storage beneath the duplex for maintenance convenience.
Addresses included: 424, 442, 451 A–D, 455, and 457 A&B Shelby Street.
Newer construction: 455 & 457 (built 2020) and 451 A–D (built 2022) with roofs, HVAC, windows, electric, plumbing, windows, and systems of matching age. Updated classics: 424 (1950) and 442 (1960), both renovated.
All homes are on annual leases or longer, providing stability and consistent performance.
Located in Clarksville near Fort Campbell, Austin Peay State University, employment opportunities, and major shopping corridors. This high-demand area supports strong, reliable occupancy.
All units are occupied. Please do not disturb tenants or walk the property. No showings prior to negotiated offer. Make offer contingent on viewing inside.
A rare opportunity to own a high-performing, low-maintenance, centrally located 9-door portfolio on a single block—with optional future flexibility to sell units individually.
Listing Agent
Urbane Residential Specialists Brokerage Phone: 6154306861 License #277322 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,544
Year Built
- Built in 2020
Home Design
- Frame Construction
Interior Spaces
- 7,712 Sq Ft Home
- Property has 1 Level
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
Parking
- 17 Open Parking Spaces
- 17 Parking Spaces
- Gravel Driveway
Schools
- Byrns Darden Elementary School
- Kenwood Middle School
- Kenwood High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 063054E C 03200 00007054D
Community Details
Overview
- No Home Owners Association
- 9 Units
- Dunnaway & Shelby Subdivision
Building Details
- Operating Expense $3,311
- Gross Income $134,688
- Net Operating Income $131,377
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 | $3,453 | $114,320 | $0 | $0 |
| 2023 | $3,407 | $51,400 | $0 | $0 |
| 2022 | $2,169 | $51,400 | $0 | $0 |
| 2021 | $2,169 | $51,400 | $0 | $0 |
| 2020 | $1,079 | $26,840 | $0 | $0 |
| 2019 | $78 | $1,925 | $0 | $0 |
| 2018 | $27 | $625 | $0 | $0 |
| 2017 | $8 | $625 | $0 | $0 |
| 2016 | $19 | $625 | $0 | $0 |
| 2015 | $26 | $625 | $0 | $0 |
| 2014 | $26 | $625 | $0 | $0 |
| 2013 | $148 | $3,375 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $1,800,000 | -- | $233 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $15,000 | -- | |
| Deed | $2,500 | -- | |
| Deed | $2,500 | -- |
Source: Realtracs
MLS Number: 3061387
APN: 054E-C-032.00
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