$650,000
COMING SOON

Estimated payment $4,183/month

-- Bed
-- Bath
4,856 Sq Ft
2007 Built

Highlights

  • No HOA
  • Views
  • Central Heating and Cooling System
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

A rare opportunity in one of Tennessee's hottest investor markets: 604 Corey Drive is a fully occupied, income-producing 4-unit multifamily property offering immediate cash flow with built-in flexibility for an owner-occupant buyer.
All four units are currently leased, but one is on a month-to-month term, meaning a buyer can move into that unit while collecting rental income from the other three, and potentially qualify for VA, FHA, or conventional owner-occupied financing. Ask about our preferred lender for details.
Recent capital improvements add real value: the roof is only a few years old, and several HVAC units have been recently replaced, cutting near-term maintenance costs for a new owner.
It's also uncommon to find 3-bedroom units with attached garages at this price point, adding a level of tenant appeal and rent-growth potential rarely seen in comparable multifamily offerings.
Minutes from Fort Campbell, Clarksville is one of Tennessee's hottest investor markets, fueled by strong rental demand from military relocations, PCS turnover, and steady population growth, plus a landlord-friendly climate and affordability relative to Nashville.
Whether you're an investor adding a stabilized, cash-flowing asset or a buyer ready to house-hack, 604 Corey Drive delivers income, flexibility, and location in one package.
Possible Short-Term Rental/Airbnb potential — buyer to confirm zoning with the County.
Note: Unit 1 rent reflects projected market rent; the unit is currently occupied but month-to-month, so it can be vacated for an owner-occupant buyer pursuing VA/FHA financing.
Contact us today for full financials, rent roll, and financing options.
SELLER AND LENDER ARE OFFERING SIGNIFICANT INTEREST RATE REDUCTION AVAILABLE THROUGH PREFERRED LENDER - RATES WELL BELOW MARKET FOR QUALIFIED OFFERS! TERMS ARE NEGOTIABLE, CALL FOR DETAILS.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,811

Year Built

  • Built in 2007

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 4,856 Sq Ft Home
  • Property has 2 Levels
  • Washer and Electric Dryer Hookup
  • Property Views

Flooring

  • Carpet
  • Tile

Schools

  • Glenellen Elementary School
  • Northeast Middle School
  • Northwest High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection
  • Rent includes trash collection
  • Assessor Parcel Number 063032P D 03200 00006032P

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Keystone Apartments Subdivision

Building Details

  • Operating Expense $13,996
  • Gross Income $57,900
  • Net Operating Income $43,904

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,811

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2007
  • Inclusions: Appliances
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: Existing
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Above Grade Finished Sq Ft: 4856.0
  • Building Area Units: Square Feet
  • Living Area: 4856.0
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: Trees/Woods
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: MULTI
  • Lot Size Units: Acres
  • Parcel #: 063032P D 03200 00006032P
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Other, Trash Collection
  • HOA Rent Includes: Other, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Gross Income: 57900
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 43904
  • Number Of Units Total: 4
  • Annual Operating Expense: 13996
  • Total Actual Rent: 4825.0

Tax Info

  • Tax Annual Amount: 7811

MLS Schools

  • Elementary School: Glenellen Elementary
  • High School: Northwest High School
  • Middle Or Junior School: Northeast Middle

Map

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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 $7,810 $263,360 $0 $0
2024 $7,810 $258,640 $0 $0
2023 $7,707 $139,360 $0 $0
2022 $5,881 $139,360 $0 $0
2021 $5,881 $139,560 $0 $0
2020 $5,610 $139,560 $0 $0
2019 $5,610 $139,560 $0 $0
2018 $5,453 $122,920 $0 $0
2017 $1,662 $134,000 $0 $0
2016 $4,114 $134,000 $0 $0
2015 $5,648 $134,000 $0 $0
2014 $5,572 $134,000 $0 $0
2013 $4,882 $111,440 $0 $0
Source: Public Records

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 Prior Sale
11/30/2017 11/30/17 Sold $315,000 -3.1% $65 / Sq Ft View Prior Sale
11/08/2017 11/08/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $325,000 -- $67 / Sq Ft
Source: Realtracs

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 $315,000 --
Deed $338,000 --
Source: Public Records

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 $153,000 Credit Line Revolving
Open $242,901 New Conventional
Closed $236,250 New Conventional
Previous Owner $270,400 No Value Available
Previous Owner $255,000 No Value Available
Source: Public Records

Source: Realtracs

MLS Number: 3304120

Realtracs

APN: 032P-D-032.00

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