Property Details
Basic Information
- Property SubType: Residential Income
- MLS Number: 3061387
- Mls Status: Active
- List Price: $1,800,000
- Date Listed: 12/12/2025
- Units: 9
- Description: Exceptional 9-Door Investment Package on ONE Street! Fully Rented, Turnkey, and Producing $134,688 Annual Gross Rents. This rare portfolio includes 7 single-family homes + 1 duplex (9 total units) with annual property taxes of just $12,544, tenant-paid utilities/lawn care/trash, and a projected NOI of $112,350, delivering a 6.24% cap rate at the $1,800,000 list price. Average rent is $1,247 per door, with full per-unit rent roll details provided in media links.. Zoned R-3, allowing medium-density residential flexibility. All units feature separate utilities, HVAC, washer/dryer hookups, kitchen appliances, and off-street parking, plus dedicated landlord storage beneath the duplex for maintenance convenience. Addresses included: 424, 442, 451 A-D, 455, and 457 A&B Shelby Street. Newer construction: 455 & 457 (built 2020) and 451 A-D (built 2022) with roofs, HVAC, windows, electric, plumbing, windows, and systems of matching age. Updated classics: 424 (1950) and 442 (1960), both renovated. All homes are on annual leases or longer, providing stability and consistent performance. Located in Clarksville near Fort Campbell, Austin Peay State University, employment opportunities, and major shopping corridors. This high-demand area supports strong, reliable occupancy. All units are occupied. Please do not disturb tenants or walk the property. No showings prior to negotiated offer. Make offer contingent on viewing inside. A rare opportunity to own a high-performing, low-maintenance, centrally located 9-door portfolio on a single block-with optional future flexibility to sell units individually.
Building
- Square Feet: 7,712
- Year Built: 2020
- Zoning: R-3
- Stories: 1
Location
- County: Montgomery County, TN
- Subdivision: Dunnaway & Shelby
- Town: Clarksville
- Street: Shelby Street
- Building Number: 451
- State: TN
- Zip: 37042
- Longitude: -87.384544
- Latitude: 36.555634
Finance
- Taxes: $12,544
Community
Schools
- Elementary School: Byrns Darden Elementary
- High School: Kenwood High School
Other Details
Water
- Water Access: Public
Listings courtesy of Realtracs as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 20, 2026 9:42 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.