492 Oak St Clarksville, TN 37042
New Providence NeighborhoodEstimated payment $1,962/month
Highlights
- No HOA
- Central Heating and Cooling System
- Vinyl Flooring
About This Home
Investment Opportunity in a Growing Area! Don’t miss this fantastic opportunity to own a newly renovated triplex in a neighborhood experiencing rapid growth and revitalization! With one vacant unit, this property is perfect for a VA buyer looking to occupy while benefiting from rental income. Each unit features 2 bedrooms, 1 bathroom, central heat and air, and washer/dryer connections for added convenience. Kitchens come equipped with a stove and refrigerator, making them move-in ready for tenants. Renovations were completed in 2024, ensuring modern updates and appeal (please ask for P&L so detailed report can be provided). All units have market rent rate of $895/month plus a $55 monthly water fee. With the area’s continued development, this is the perfect time to invest in a property that offers immediate income potential and long-term value appreciation. Will consider Owner Financing. Price is firm at $350,000 with a $30,000 down payment. The interest rate will be fixed at 5.5% amortized over 30 years with a balloon at the end of year 7. Schedule a showing today! PLEASE DO NOT BOTHER TENANT(S).
Listing Agent
Blue Cord Realty, LLC Brokerage Phone: 9313207368 License # 256542 Listed on: 03/06/2025
Co-Listing Agent
Blue Cord Realty, LLC Brokerage Phone: 9313207368 License #282108,323043
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,512
Year Built
- Built in 1965
Home Design
- Triplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 6 Bedrooms
- Property has 2 Levels
- Vinyl Flooring
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Parking
- 9 Open Parking Spaces
- 9 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 063055H A 01600 00007055A
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $1
- Gross Income $1
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 | $1,458 | $69,440 | $0 | $0 |
| 2023 | $1,458 | $36,080 | $0 | $0 |
| 2022 | $1,523 | $36,080 | $0 | $0 |
| 2021 | $1,523 | $36,080 | $0 | $0 |
| 2020 | $1,450 | $36,080 | $0 | $0 |
| 2019 | $1,450 | $36,080 | $0 | $0 |
| 2018 | $1,692 | $38,560 | $0 | $0 |
| 2017 | $487 | $39,240 | $0 | $0 |
| 2016 | $1,205 | $39,240 | $0 | $0 |
| 2015 | $1,654 | $39,240 | $0 | $0 |
| 2014 | $1,632 | $39,240 | $0 | $0 |
| 2013 | $1,391 | $31,760 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Pending | -- | -- | -- |
| 10/03/2025 10/03/25 | Price Changed | $350,000 | -9.1% | $131 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $385,000 | -7.2% | $144 / Sq Ft |
| 03/06/2025 03/06/25 | For Sale | $415,000 | -- | $156 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $135,000 | -- | |
| Warranty Deed | $125,000 | Concord Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $78,000 | Apex Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $220,000 | Construction |
Source: Realtracs
MLS Number: 2800728
APN: 055H-A-016.00
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