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Two Four-Plex Apartment Properties
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1214 S Ash Ridge Dr, Clarksville, TN 37042

Two four-plex properties completed in 2018, each offering four two-bedroom units with one-and-a-half baths.

Property SizeContact for details
Days on Market122

Property Features for 1214 S Ash Ridge Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Year Built 2018
Listing Agency: Fillmore Commercial
Listed By: Gaines Hanks · License #TN 347858
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 10:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fillmore Commercial

Investment Insights

Based on property information with market context.

This offering includes two separate four-plex apartment properties, with each building completed in 2018. Each four-plex provides four apartments configured as two-bedroom units with one-and-a-half bathrooms.

Public remarks indicate the properties have maintained a high historical occupancy rate since completion.

The combination of two newly completed four-plex buildings, each with the same two-bedroom, 1.5-bath layout, creates a straightforward residential income setup for buyers seeking multifamily exposure.

Key Highlights

  • Two four‑plex properties at 1214 Ash Ridge Drive and 305 Rowand Court
  • Both properties were completed in 2018
  • Each property has four 2‑bedroom, 1.5‑bath apartments

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 37042, TN

83,498
Population
35,433
Households
2.4
Avg Household Size
29
Median Age
26%
College-Educated
94%
High-School Grad
56.9 sq mi
ZIP Area
1,467
Density / Sq Mi
$66,435
Median Household Income
$38,716
Median Earnings
$1,196
Median Rent
$220,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two four-plex properties completed in 2018, each offering four two-bedroom units with one-and-a-half baths.
Where is this quadplex located?
The property is located at 1214 S Ash Ridge Dr Clarksville, TN.
What are key features of this property?
This property features: Two four‑plex properties at 1214 Ash Ridge Drive and 305 Rowand Court; Both properties were completed in 2018; Each property has four 2‑bedroom, 1.5‑bath apartments
(615) 751-2356 Call to check price and availability
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