Renovated
For Sale
$199,900
48 Maple St, Clarksville, TN 37042
Two residential units offer updated interiors and convenient access to Fort Campbell, Clarksville amenities, and Interstate 24.
Property Size1,075 SF
Price / SF$185.95
Days on Market79
Property Features for 48 Maple St
General Information
Standard status
Active
Size
1,075 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Keller Williams Realty
Listed By:
Steve Nash · License #277585
(931) 302-6658
Source:
Shearonsellsteam
Added: Jul 28
Changed: Oct 10
Last Checked: Oct 7 at 3:07PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This duplex, built in 1950, contains two residential units with refreshed cabinetry, contemporary finishes, neutral color palettes, and practical layouts. A substantial renovation completed approximately five years ago addressed the electrical and plumbing systems, roof, siding, insulation, walls, flooring, and the water service connection to the street. The property is currently income-producing and offers updated interior spaces suitable for everyday residential occupancy.
The property sits at 48 Maple St, just off Fort Campbell Boulevard in Clarksville. Its location provides access to Fort Campbell, Downtown Clarksville, shopping, dining, entertainment, and Interstate 24. Each unit benefits from the renovation work and interior updates, while the site includes a large lot with outdoor space.
The property sits at 48 Maple St, just off Fort Campbell Boulevard in Clarksville. Its location provides access to Fort Campbell, Downtown Clarksville, shopping, dining, entertainment, and Interstate 24. Each unit benefits from the renovation work and interior updates, while the site includes a large lot with outdoor space.
Key Highlights
- Two‑unit duplex at 48 Maple St, Clarksville, TN 37042
- Major renovation completed approximately five years ago
- Updates include electrical, plumbing, roof, siding, insulation, walls, and flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,710
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,200
$194.2K
Cap Rate 7%
$138,714
$138.7K
Cap Rate 9%
$107,889
$107.9K
Market Conditions
NOI Build-Up for 1,075 SF
Gross rent
$14.8K $13.80/SF
− Vacancy
−$964 −$0.90/SF
EGI
$13.9K $12.90/SF
− OpEx
−$4.2K −$3.87/SF
NOI
$9.7K $9.03/SF
Area
Clarksville, TN
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,200
Cap Rate 7%
$138,714
Cap Rate 9%
$107,889
Alternative Uses
Best Use
Multifamily LT 5
$138.7K
$121.4K – $161.8K
NOI $9,710 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$123.9K
$108.4K – $144.5K
NOI $8,670 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$180.5K
$157.9K – $210.5K
NOI $12,632 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer updated interiors and convenient access to Fort Campbell, Clarksville amenities, and Interstate 24.
Where is this duplex located?
The property is located at 48 Maple St Clarksville, TN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex at 48 Maple St, Clarksville, TN 37042; Major renovation completed approximately five years ago; Updates include electrical, plumbing, roof, siding, insulation, walls, and flooring
