701 Cumberland Dr Clarksville, TN 37040
Madison Street NeighborhoodEstimated payment $4,188/month
Total Views
4,103
2
Beds
2
Baths
4,780
Sq Ft
$157
Price per Sq Ft
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Heating Available
- Rossview Middle School Rated A-
About This Home
10 Unit Apartment Complex in Clarksville! A lot of upgrades have been made to each building including new plumbing, new siding, renovating the units as they have turned over, new laundry building (remodeled). 6 units are fully renovated. Of the remaining 4, 2 have long-term tenants and 2 are currently vacant. The 2 vacant units have been demoed and are ready for renovation. In the 701 building, all tenants pay their own electric. In the 685 building there are 2 meters for 4 units, however current tenants pay for exact usage. Water is master metered, but tenants pay a monthly water fee and also a monthly laundry building usage fee. There is still value to add in this complex. Sale includes both 701 and 685 Cumberland Dr.
Listing Agent
Everything Real Estate Brokerage Phone: 6154183133 License # 326526 Listed on: 10/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,313
Year Built
- Built in 1941
Home Design
- Vinyl Siding
Interior Spaces
- 4,780 Sq Ft Home
- Property has 1 Level
- Laminate Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Schools
- Rossview Elementary School
- Rossview Middle School
- Rossview High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- The owner pays for electricity, water
- Assessor Parcel Number 063066K J 04700 00012066N
Community Details
Overview
- No Home Owners Association
- 10 Units
- Elder Subdivision
Building Details
- Operating Expense $1
- Gross Income $91,380
- Net Operating Income $91,379
Map
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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 | $2,326 | $78,040 | $0 | $0 |
| 2023 | $2,326 | $31,120 | $0 | $0 |
| 2022 | $1,313 | $31,120 | $0 | $0 |
| 2021 | $1,313 | $31,120 | $0 | $0 |
| 2020 | $1,250 | $31,120 | $0 | $0 |
| 2019 | $1,250 | $31,120 | $0 | $0 |
| 2018 | $1,777 | $40,400 | $0 | $0 |
| 2017 | $511 | $41,240 | $0 | $0 |
| 2016 | $1,266 | $41,240 | $0 | $0 |
| 2015 | $1,738 | $41,240 | $0 | $0 |
| 2014 | $1,715 | $41,240 | $0 | $0 |
| 2013 | $1,202 | $27,440 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $750,000 | 0.0% | $157 / Sq Ft |
| 07/01/2025 07/01/25 | Off Market | $750,000 | -- | -- |
| 07/01/2025 07/01/25 | Price Changed | $750,000 | -6.3% | $157 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $800,000 | 0.0% | $167 / Sq Ft |
| 05/01/2025 05/01/25 | Off Market | $800,000 | -- | -- |
| 04/07/2025 04/07/25 | Price Changed | $800,000 | -4.2% | $167 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $835,000 | -3.5% | $175 / Sq Ft |
| 02/28/2025 02/28/25 | For Sale | $865,000 | 0.0% | $181 / Sq Ft |
| 02/01/2025 02/01/25 | Off Market | $865,000 | -- | -- |
| 01/21/2025 01/21/25 | Price Changed | $865,000 | -3.4% | $181 / Sq Ft |
| 12/10/2024 12/10/24 | Price Changed | $895,000 | 0.0% | $187 / Sq Ft |
| 12/10/2024 12/10/24 | For Sale | $895,000 | -10.1% | $187 / Sq Ft |
| 12/01/2024 12/01/24 | Off Market | $995,000 | -- | -- |
| 11/07/2024 11/07/24 | Price Changed | $995,000 | -9.5% | $208 / Sq Ft |
| 10/26/2024 10/26/24 | For Sale | $1,100,000 | +155.8% | $230 / Sq Ft |
| 10/05/2022 10/05/22 | Sold | $430,000 | -14.0% | $92 / Sq Ft |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- |
| 08/02/2022 08/02/22 | For Sale | $499,900 | 0.0% | $107 / Sq Ft |
| 07/24/2022 07/24/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | Price Changed | $499,900 | -9.1% | $107 / Sq Ft |
| 06/29/2022 06/29/22 | Price Changed | $549,900 | -5.2% | $117 / Sq Ft |
| 06/12/2022 06/12/22 | Price Changed | $579,900 | -3.3% | $124 / Sq Ft |
| 06/02/2022 06/02/22 | For Sale | $599,900 | 0.0% | $128 / Sq Ft |
| 05/27/2022 05/27/22 | Pending | -- | -- | -- |
| 05/23/2022 05/23/22 | For Sale | $599,900 | -- | $128 / Sq Ft |
Source: Realtracs
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $44,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $622,500 | New Conventional |
Source: Public Records
Similar Home in Clarksville, TN
Source: Realtracs
MLS Number: 2752559
APN: 066K-J-047.00
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