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Listed price in listed location currency (USD).
$1,150,000

0030

MLS® 3069788

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7610 sqft
Garage No
Taxes $7,992
Days Active 0
Lot Size 
Approx. Age 1979
Avg. Price Per Sqft $151
MLS® Number 3069788

Property Address: 1959 Fort Campbell Blvd, CLARKSVILLE, TN, 37042-3327

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity along high-traffic US Highway 41 in Clarksville. This 7, 610 SF mixed-use commercial property is a turnkey, income-producing asset currently generating $9, 500 per month in tenant income, with an additional commercial office unit available to lease for approximately $700-$900 per month in added upside. The property features a front commercial space with a rear apartment building, offering diversified income streams. The commercial tenant is responsible for property taxes and utilities, enhancing net operating performance. The current owner has made significant capital improvements, including replacement of three HVAC units, updated light fixtures, gutters, plumbing, and installation of backflow prevention. Apartment upgrades include renovated kitchens and a dedicated washer/dryer room. The building is fully leased on one-year terms with extension options, providing immediate cash flow with future flexibility. This asset offers a compelling opportunity to maintain steady income or reposition for future redevelopment, with nearby new construction driving continued growth and momentum in the area. Prime frontage along Hwy 41 makes this a rare opportunity in a rapidly evolving Clarksville corridor.
MLS® Number3069788
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1979
Basement
DrivewayConcrete, Parking Lot
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Appliances

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 30, 2025List Date
$1,150,000List Price
Mar 9, 2023End Date
$350,000Sold Price

Sold

Apr 8, 2025List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
1959 Fort Campbell Blvd, CLARKSVILLE, TN

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