Two-Unit Duplex with Private
For Sale
$255,000
636 R S Bradley Blvd, Clarksville, TN 37042
Each unit includes two bedrooms, one bathroom, laundry hookups, extra storage, a separate driveway, and a private patio.
Property Size1,545 SF
Price / SF$165.05
Days on Market9
Property Features for 636 R S Bradley Blvd
General Information
Standard status
Active
Size
1,545 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,606
Listing Agency:
The House Connection
(615) 647-9117
Listed By:
John Paul Williams
(931) 272-3065
Source:
Exprealty
Added: Sep 8
Changed: Sep 9
Last Checked: Sep 15 at 2:14PM
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 The House Connection
Investment Insights
Based on property information with market context.
This two-unit duplex offers matching layouts, with each side containing two bedrooms and one bathroom. Both units have private laundry hookups, separate driveways, additional storage, and individual patio areas. The property size is listed as 1545.
The duplex is located in Clarksville, TN, near Fort Campbell. Unit B is tenant occupied through September 9th, while photos depict Unit A.
The duplex is located in Clarksville, TN, near Fort Campbell. Unit B is tenant occupied through September 9th, while photos depict Unit A.
Key Highlights
- Two‑unit duplex near Fort Campbell in Clarksville, TN
- Each unit includes 2 bedrooms and 1 bathroom
- Private laundry hookups provided for both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,955
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$279,100
$279.1K
Cap Rate 7%
$199,357
$199.4K
Cap Rate 9%
$155,056
$155.1K
Market Conditions
NOI Build-Up for 1,545 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.3K $13.80/SF
− Vacancy
−$1.4K −$0.90/SF
EGI
$19.9K $12.90/SF
− OpEx
−$6.0K −$3.87/SF
NOI
$14.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$279,100
Cap Rate 7%
$199,357
Cap Rate 9%
$155,056
Alternative Uses
Best Use
Multifamily LT 5
$199.4K
$174.4K – $232.6K
NOI $13,955 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$178.0K
$155.8K – $207.7K
NOI $12,461 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$259.3K
$226.9K – $302.6K
NOI $18,154 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Each unit includes two bedrooms, one bathroom, laundry hookups, extra storage, a separate driveway, and a private patio.
Where is this duplex located?
The property is located at 636 R S Bradley Blvd Clarksville, TN.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑unit duplex near Fort Campbell in Clarksville, TN; Each unit includes 2 bedrooms and 1 bathroom; Private laundry hookups provided for both units
