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Nashville Advantage
535 Lafayette Rd, Clarksville, TN 37042
- $649,000
- 4,792
- SqFt
- Sold Price
- $649,000
- List Price
- $649,000
- Closing Date
- Jan 23, 2026
- MLS#
- 2975979
- Days on Market
- 154
- Property Type
- Multifamily
- Sqft. of Residence
- 4,792
- County
- Montgomery
- Status
- CLOSED
Property Description
Seller Paid PERMANENT RATE BUY DOWN with Sellers' Preferred Lender! Ask for details. Great income property that is fully occupied with $4790 a month in rent roll, managed professionally by a local manager with no issues. You can close and walk right into a turnkey income property. Each unit is 3 bedrooms with a large family bathroom upstairs, downstairs is an open concept living kitchen, and living room, with a 1/2 bath and an attached garage for each unit! Newer HVAC and roof. Land use is commercial. Zoning Code is R-4 Multi Family Residential, offering flexibility to use to live in one, long-term rent the others, or even do NOO STR AirBnB investment, and you can take advantage of the new tax laws and 100% Bonus Depreciation! VA and FHA eligible, if you want to occupy the unit with the lease up!
Additional Information
- Elementary School
- Minglewood Elementary
- High School
- Northwest High School
- Living Area
- 4,792
- Number Of Units
- 4
- Subdivision
- Lafayette Road Apart
- Year Built
- 2007
- Zoning
- Commercial
- Type
- Multifamily
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Listing courtesy of Compass RE. Selling Office: Compass RE.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.