Renovated
810 Woodmont Blvd, Clarksville, TN 37040
For Sale
$275,000
Three vacant one-bedroom units offer flexibility for an owner-occupant or rental use.
Property Size1,732 SF
Price / SF$158.78
Days on Market46
Property Features for 810 Woodmont Blvd
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
community laundry room
covered porch space
Building Details
Year Built
Listing Agency:
Blue Cord Realty, LLC
Listed By:
Samantha Kellett · License #323043
(931) 542-4585
Source:
Movehomenashville
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 8 at 8:33PM
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 Blue Cord Realty, LLC
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Investment Insights
Based on property information with market context.
This renovated triplex contains 1,732 square feet across three one-bedroom, one-bathroom units. Interior improvements include LVP flooring and updated kitchens and bathrooms. Covered porch areas and access to a shared laundry room serve the property. All three units are vacant, allowing a new owner to determine occupancy and leasing arrangements.
The property at 810 Woodmont Blvd is near Downtown Clarksville, Austin Peay State University, and local shopping, dining, and entertainment. Built in 1940, it combines a three-unit configuration with shared laundry access and outdoor porch space.
The property at 810 Woodmont Blvd is near Downtown Clarksville, Austin Peay State University, and local shopping, dining, and entertainment. Built in 1940, it combines a three-unit configuration with shared laundry access and outdoor porch space.
Key Highlights
- Three one‑bedroom, one‑bathroom units
- 1,732 square feet across the triplex
- All units are vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,644
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,880
$312.9K
Cap Rate 7%
$223,486
$223.5K
Cap Rate 9%
$173,822
$173.8K
Market Conditions
NOI Build-Up for 1,732 SF
Gross rent
$23.9K $13.80/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$22.3K $12.90/SF
− OpEx
−$6.7K −$3.87/SF
NOI
$15.6K $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%
$312,880
Cap Rate 7%
$223,486
Cap Rate 9%
$173,822
Alternative Uses
Best Use
Multifamily LT 5
$223.5K
$195.6K – $260.7K
NOI $15,644 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$199.6K
$174.6K – $232.8K
NOI $13,969 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$290.7K
$254.4K – $339.2K
NOI $20,352 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 37040, TN
60,382
Population
24,628
Households
2.5
Avg Household Size
31
Median Age
30%
College-Educated
94%
High-School Grad
92.8 sq mi
ZIP Area
651
Density / Sq Mi
$65,331
Median Household Income
$40,621
Median Earnings
$1,177
Median Rent
$242,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three vacant one-bedroom units offer flexibility for an owner-occupant or rental use.
Where is this triplex located?
The property is located at 810 Woodmont Blvd Clarksville, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bathroom units; 1,732 square feet across the triplex; All units are vacant
