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Listed price in listed location currency (USD).
$1,800,000

0017

MLS® 3061387

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7712 sqft
Garage No
Taxes $12,544
Days Active 2
Lot Size 
Approx. Age 2020
Avg. Price Per Sqft $233
MLS® Number 3061387

Property Address: 457 Shelby St, Clarksville, TN, 37042-9009

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

Description

Exceptional 9-Door Investment Package on ONE Street! Fully Rented, Turnkey, and Producing $134, 688 Annual Gross Rents. This rare portfolio includes 7 single-family homes + 1 duplex (9 total units) with annual property taxes of just $12, 544, tenant-paid utilities/lawn care/trash, and a projected NOI of $112, 350, delivering a 6.24% cap rate at the $1, 800, 000 list price. Average rent is $1, 247 per door, with full per-unit rent roll details provided in media links.. Zoned R-3, allowing medium-density residential flexibility. All units feature separate utilities, HVAC, washer/dryer hookups, kitchen appliances, and off-street parking, plus dedicated landlord storage beneath the duplex for maintenance convenience. Addresses included: 424, 442, 451 A–D, 455, and 457 A&B Shelby Street. Newer construction: 455 & 457 (built 2020) and 451 A–D (built 2022) with roofs, HVAC, windows, electric, plumbing, windows, and systems of matching age. Updated classics: 424 (1950) and 442 (1960), both renovated. All homes are on annual leases or longer, providing stability and consistent performance. Located in Clarksville near Fort Campbell, Austin Peay State University, employment opportunities, and major shopping corridors. This high-demand area supports strong, reliable occupancy. All units are occupied. Please do not disturb tenants or walk the property. No showings prior to negotiated offer. Make offer contingent on viewing inside. A rare opportunity to own a high-performing, low-maintenance, centrally located 9-door portfolio on a single block—with optional future flexibility to sell units individually.
MLS® Number3061387
Laundry LevelIndividual, Electric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2020
Basement
DrivewayConcrete, Gravel
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Appliances

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 12, 2025List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
457 Shelby St, Clarksville, TN

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