604 Cory Dr Clarksville, TN 37040
Clarksville AreaEstimated payment $4,183/month
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
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 | $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 |
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 |
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 | -- |
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: Realtracs
MLS Number: 3304120
APN: 032P-D-032.00
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Ask me questions while you tour the home.