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    470 Martha Ln Clarksville, TN 37043

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    For Sale
    $1,050,000

    Eight-unit multifamily property with recent renovations and income potential.

    Property Features for 470 Martha Ln

    General Information

    Exterior features
    1, : "Electricity Available", "2": "Water Available", "3": "Shingle"
    Interior features
    1, : "Central", "2": "Electric", "3": "Central Air"

    Building Details

    Year built
    1997

    Source: Clarksville Agent Shannon Heim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Multifamily Investment Opportunity

    This property features two full-brick buildings, each containing 4 single-level units, resulting in a total of 8 income-producing rentals. Many of the units have been renovated with premium vinyl flooring, updated appliances, modern lighting, and fresh paint. Seven of the eight HVAC systems have been recently replaced. The property is situated in a quiet, tree-lined setting and is conveniently located near shopping and dining. Current rents are below market, which may allow for increased rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.310717
    Latitude
    36.508621

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit multifamily property with recent renovations and income potential.
    Where is this apartment building located?
    The property is located at 470 Martha Ln Clarksville, TN.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Eight income-producing rental units across two full-brick buildings.; - Seven of eight HVAC systems recently replaced, reducing maintenance costs.; - Most units renovated with premium vinyl flooring, updated appliances, modern lighting, and fresh paint.
    (585) 305-3906
    Request Owner's contact information
    470 Martha Ln Clarksville, TN 37043
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    Clarksville, TN 37043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    470 Martha Ln Clarksville, TN 37043
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