Clarksville, TN Multifamily Properties for Sale

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Updated: Jul 21

New Construction 10-Unit Apartment Building

329 Cedar Ct, Clarksville, TN 37042

$1,800,000

9,840 sqft

10‑unit apartment property with 9,840 square feet
Built in 2025 with all units finished and available
Two‑level residences with two bedrooms and two full bathrooms each
Main‑level private bedroom with full bath; upper‑level common area and bedroom
1‑year builder warranty included across all 10 units

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Updated: May 9

Turnkey 5-Unit Townhome Investment

1531 East Knollwood Circle, Clarksville, TN 37043

$599,900

4,368 sqft 0.55 AC lot

5‑unit brick townhome built in 1989 with 4,368 SF across two stories on 0.55 acres in Clarksville city limits.
Low‑flood‑risk location in Zone X.
2025 capital improvements: HVAC fully replaced (Nov 2025, $6,750), water heater replaced (May 2025, $1,464).
All 5 units occupied; seller‑confirmed rents of $825–$900/mo (avg $860), generating $4,300/mo ($51,600/yr GPR).
2025 turnover and upgrades included appliance upgrades, plumbing fixture updates, and cosmetic rehab on units under turnover.

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Mobile Home and RV Park Portfolio

1026 Ross Ln, Clarksville, TN 37042

$1,325,000

30,000 sqft

Three-property residential portfolio combining mobile home pads with an apartment component and established occupancy.

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Six-Unit Apartment Building

537 Peachers Ridge Rd, Clarksville, TN 37042

$831,000

6,180 sqft

Fully occupied multifamily property with convenient access to shopping, dining, schools, and major commuter routes.

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Four-Unit Townhouse Quadplex

500 Patriot Park Ct, Clarksville, TN 37042

$550,000

4,140 sqft

Townhouse-style configuration includes four residential units with an established rental history.

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2-Unit New Construction Duplex

407 Cook Dr, Clarksville, TN 37042

$510,000

2,576 sqft

Two separate residences provide three bedrooms, two-and-a-half baths, and an outdoor deck per unit.

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Remodeled Short-Term Rental Property

801 Franklin St, Clarksville, TN 37040

$549,000

2,635 sqft

Historic firehouse character combines with furnished lodging and dual residential-commercial zoning in downtown Clarksville.

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Apartment Building with Attached Garage

725 Hornbuckle Rd, Clarksville, TN 37043

$1,192,000

5,788 sqft

Built in 2022 with central electric air conditioning and front-facing attached garage access.

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Four-Unit Quadplex with New Roof

371 Peabody Dr, Clarksville, TN 37042

$589,000

4,000 sqft

Each residence includes an eat-in kitchen, spacious living area, and functional 1.5-bath layout.

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Three-Unit Triplex with Garages

106 Adkins St, Clarksville, TN 37042

$675,000

1,412 sqft

Fully rented three-unit property with a one-car garage for each unit.

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Four-Unit Multifamily Property

248 Executive Ave, Clarksville, TN 37042

$555,555

4,080 sqft

Fully leased residences offer private attached storage and established tenancy near Fort Campbell.

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Multifamily Property with New Roof

812 Bradley St, Clarksville, TN 37040

$400,000

2,400 sqft

Multifamily asset near Austin Peay State University, the Marina, Ford Ice Center, restaurants, and Clarksville attractions.

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New Construction Duplex

60 E Fork Dr, Clarksville, TN 37042

$516,900

2,676 sqft

Two matching residences offer main-level primary suites, private laundry hookups, and separately metered electric service.

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Renovated Duplex

48 Maple St, Clarksville, TN 37042

$199,900

1,075 sqft

Two residential units offer updated interiors and convenient access to Fort Campbell, Clarksville amenities, and Interstate 24.

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All-Brick Three-Unit Triplex

88 W Fork Dr, Clarksville, TN 37042

$350,000

1,875 sqft

Three residential units with separate utility meters, replacement windows, hardwood floors, and appliance packages.

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Renovated Duplex

928 Woody Hills Dr, Clarksville, TN 37040

$226,000

1,056 sqft

Both units are leased and include a stove, refrigerator, and microwave.

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Renovated Quadplex Townhomes

460 Martha Ln, Clarksville, TN 37043

$555,000

3,944 sqft

Four leased townhome-style units feature two bedrooms, one-and-a-half baths, and individual laundry connections.

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Two-Story Quadplex with Patios

792 Cherrybark Ln, Clarksville, TN 37040

$598,000

3,844 sqft

Four residential units provide private patios, laundry appliances, and parking for residents.

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Duplex with Detached Parking

706 Woodmont Blvd, Clarksville, TN 37040

$240,000

1,322 sqft

Residential duplex with central air, central heating, and a detached parking lot in Clarksville.

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Section 8 Multifamily Property

602 Dover Rd, Clarksville, TN 37042

$200,000

1,225 sqft

Multifamily asset with Section 8-approved units offered in its current condition.

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Two-Level Townhome Quadplex

535 Lafayette Rd, Clarksville, TN 37042

$665,000

4,792 sqft

Four attached townhomes offer individual garage parking and additional assigned spaces for residents.

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Fully Occupied Apartment Building

1714 Thistlewood Drive, Clarksville, TN 37042

Contact for pricing

5,255 sqft

Fully occupied apartment building with split-level 3-bedroom units featuring 2 full baths and one-car garages.

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Sunset Village HAP Apartments

151 Wallace Blvd, Clarksville, TN 37042

Contact for pricing

46,600 sqft

Apartment community with 64 units supported by a long-term Housing Assistance Payment contract and recently completed capital improvements.

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Mixed-Use Building with Restaurant

125 Franklin St, Clarksville, TN 37040

$1,789,000

For sale mixed-use property with a fully built-out restaurant space, storefront, and four leased residential units in downtown Clarksville.

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Clarksville, TN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Clarksville, TN, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 169,803 square feet of properties for sale, with an estimated market value of $58,966,255.

Sale prices for multifamily properties in Clarksville, TN start at $199,900, averaging $2,267,932, and reaching up to $35,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 205K

Population Growth (5Y) +17.6%

Median Household Income $73,218

College Educated 27.7%

High-Yield Neighborhoods for Investment

Identify Clarksville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
37040	$633.7K
37043	$782.3K
37042	$3.1M

Taxes & Financing

Tax Rate (average for all types) 4.12%

Property Tax per SF $96.28 per SF

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Clarksville fall within the 25,000 to 50,000 square foot range.

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