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    Property profile & analytics

    191 Oak St Clarksville, TN 37042-6587

    • Retail residential properties
    • 2,800 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Jul 06, 2023
    $440,000
    Location Intelligence
    Property ID
    US80-3164338
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail residential properties

    Property Details for 191 Oak St

    Year built
    1996
    Lot size
    0.26 lot acres
    Property size
    2,800 SF
    Zone code
    R-4
    Property type
    Retail residential properties
    APN
    055I H 00101 000
    APU
    055IH00101000

    Description

    This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 191 Oak St, Clarksville, TN 37042. The property, built in 1996, boasts a total of 2,800 square feet situated on a 0.26-acre lot. The building is classified as a Class B multifamily property and currently generates a Net Operating Income (NOI) of $7,600, resulting in a 1.48% capitalization rate. The asking price is $514,900, translating to $128,725 per unit. Each of the four units is a two-bedroom, one-bathroom ranch-style apartment, complete with washer/dryer hookups and kitchen appliances. The property is zoned R4, allowing for a variety of potential uses. Its convenient location near Austin Peay State University (APSU), Fort Campbell, and downtown Clarksville offers strong rental demand. Proximity to Trice Landing and a local park adds to its appeal. This is an ideal investment for those seeking a stable income stream in a thriving Tennessee market. The single-story building offers easy management and maintenance. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $440,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $430,000
      Mixed-Use
      $420,000
      Hospitality
      $395,000
      Educational
      $375,000
      Residential Income
      $510,000
      Energy
      $435,000
      Income-Based Land
      $380,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3798
    Latitude
    36.5444
    CBSA code
    17300
    CBSA name
    CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,981
    $0.00
    $0.00
    $70,640
    -
    $39,100
    $137,500
    $176,600

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    191 Oak St
    Clarksville, TN 37042-6587
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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
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