919 Martin St Clarksville, TN 37040
Greenwood NeighborhoodEstimated payment $3,470/month
6
Beds
9
Baths
3,300
Sq Ft
$173
Price per Sq Ft
Highlights
- Central Heating and Cooling System
- Ceiling Fan
- Carpet
- Rossview Middle School Rated A-
About This Home
Investor Opportunity – 3 Units in a Quadplex at Martin Place Townhomes (A1, A2 & A4)
A rare chance to acquire three income-producing units within a single quadplex, perfectly suited for investors seeking immediate cash flow and strong long-term upside. Units A1, A2, and A4 are fully completed, leased, and generating steady rental income. Each townhome offers two bedrooms with private en-suite bathrooms, upstairs laundry, granite countertops, stainless steel appliances, modern finishes, and either a deck or patio depending on elevation. Zoning allows short-term rentals, providing flexibility to continue with long-term tenants or transition to high-yield STR operations. Ideally located just minutes from downtown Clarksville and the F&M Bank Arena, this quadplex benefits from strong rental demand and rapid area growth. Current rent roll is available upon request to support underwriting. An excellent addition to any investment portfolio.
Listing Agent
Keller Williams Realty Clarksville Brokerage Phone: 5853053906 License #244291,338748 Listed on: 11/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,304
Year Built
- Built in 2024
HOA Fees
- $100 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Triplex
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,300 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 9 Bathrooms
Schools
- Norman Smith Elementary School
- Richview Middle School
- Clarksville High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- The owner pays for association fees
- Rent includes association fees
- Tax Lot A1,2,4
Community Details
Overview
- $300 One-Time Secondary Association Fee
- Association fees include maintenance structure, ground maintenance, insurance, pest control, trash
- 3 Units
- Martin Place Townhomes Subdivision
Building Details
- Operating Expense $7,500
- Gross Income $44,220
- Net Operating Income $36,720
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 | -- | $0 | $0 | $0 |
| 2023 | $158 | $3,750 | $0 | $0 |
| 2022 | $158 | $3,750 | $0 | $0 |
| 2021 | $158 | $3,750 | $0 | $0 |
| 2020 | $151 | $3,750 | $0 | $0 |
| 2019 | $151 | $3,750 | $0 | $0 |
| 2018 | $132 | $3,075 | $0 | $0 |
| 2017 | $38 | $3,075 | $0 | $0 |
| 2016 | $94 | $3,075 | $0 | $0 |
| 2015 | $130 | $3,075 | $0 | $0 |
| 2014 | $128 | $3,075 | $0 | $0 |
| 2013 | $147 | $3,350 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2025 11/26/25 | For Sale | $570,000 | -62.5% | $173 / Sq Ft | |
| 11/26/2025 11/26/25 | For Sale | $1,520,000 | -70.4% | $173 / Sq Ft | |
| 08/22/2025 08/22/25 | For Sale | $5,130,000 | 0.0% | $173 / Sq Ft | |
| 08/18/2025 08/18/25 | Rented | -- | -- | -- | |
| 07/11/2025 07/11/25 | Price Changed | $1,150 | -3.8% | $1 / Sq Ft | |
| 06/26/2025 06/26/25 | For Rent | $1,195 | 0.0% | -- | |
| 06/21/2025 06/21/25 | Off Market | $1,195 | -- | -- | |
| 04/21/2025 04/21/25 | For Rent | $1,195 | 0.0% | -- | |
| 04/20/2025 04/20/25 | Off Market | $1,195 | -- | -- | |
| 03/27/2025 03/27/25 | Price Changed | $1,195 | -4.4% | $1 / Sq Ft | |
| 02/24/2025 02/24/25 | Price Changed | $1,250 | -3.5% | $1 / Sq Ft | |
| 02/19/2025 02/19/25 | For Rent | $1,295 | 0.0% | -- | |
| 02/08/2025 02/08/25 | Off Market | $1,295 | -- | -- | |
| 12/09/2024 12/09/24 | For Rent | $1,295 | 0.0% | -- | |
| 11/24/2021 11/24/21 | Sold | $137,000 | +9.6% | -- | View Prior Sale |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- | |
| 11/12/2021 11/12/21 | For Sale | -- | -- | -- | |
| 11/11/2021 11/11/21 | For Sale | -- | -- | -- | |
| 11/09/2021 11/09/21 | For Sale | $125,000 | -- | -- |
Source: Realtracs
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | Townsend Title | |
| Warranty Deed | $205,000 | Townsend Title | |
| Warranty Deed | $137,000 | Transformation T&E |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $209,407 | VA | |
| Closed | $209,407 | VA |
Source: Public Records
About the Listing Agent
Shannon Heim, a licensed Realtor and Broker in Tennessee and Kentucky, leads The Heim Group at Keller Williams Realty. Dedicated to serving your real estate needs, Shannon and his team prioritize your interests through cutting-edge technology, collaborative teamwork, and top-tier marketing strategies.
Beyond his real estate expertise, Shannon actively engages in the local community. He sits on the boards of the Kinsley Lynch Foundation and the SOS Foundation while chairing the 2024
Shannon's Other Listings
Source: Realtracs
MLS Number: 3051144
APN: 079C-C-042.00
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