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Clarksville, TN 37043 470 Martha Ln

$950,000

16 more

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Presented By: Unique Real Estate;

MLS# 3223149
05/27/2026

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Beds • 8
Baths • 4
SQFT • 5,920

Home Details

Exceptional Value Add Investment Opportunity! This property features two full-brick buildings, each offering 4 single-level units for a total of 8 income-producing rentals. Most units have been thoughtfully renovated with premium vinyl flooring, updated appliances, modern lighting, and fresh paint. Seven of the eight HVAC systems have been recently replaced, minimizing future maintenance costs. Nestled in a quiet, tree-lined setting yet conveniently located near shopping and dining, this location offers the ideal blend of privacy and accessibility for tenants. Current rents are below market, presenting immediate upside potential for increased rental income.

Presented By: Unique Real Estate;

Interior Features for 470 Martha Ln

Other Interior Features

LivingAreaSourceOwner

Above Grade Finished Area5920

Above Grade Finished Area SourceOwner

Above Grade Finished Area Unit TypeSquare Feet

Air Conditioning Y/NYes

Below Grade Finished Area SourceOwner

Below Grade Finished Area Unit TypeSquare Feet

FlooringLaminate

Heating Y/NYes

Laundry FeaturesIndividual, Electric Dryer Hookup, Washer Hookup

General for 470 Martha Ln

Attached Garage No

Building Area UnitsSquare Feet

Buyer FinancingConventional, Other

CityClarksville

Construction MaterialsBrick

CoolingCentral Air, Electric

CountyMontgomery County, TN

DirectionsFrom I-24 Exit 11, turn left onto TN-76 W. Go 2.5 miles, then right on Madison St (US-41A N). After 0.5 miles, turn left on Hillcrest Dr. In 0.3 miles, turn right onto Martha Ln. 470 Martha Ln is on in t

Elementary SchoolBarksdale Elementary

Garage Spaces

Garage Y/NNo

Gross Income88980

HeatingCentral, Electric

High SchoolClarksville High

LevelsTwo

Living Area5920

Living Area UnitsSquare Feet

Lot Size UnitsAcres

Middle/Junior High SchoolRichview Middle

Net Operating Income72634

New ConstructionNo

Number Of Units Total4

Open Parking Spaces2

Operating Expense16346

OwnerPaysTrash Collection

PossessionNegotiable

Property Attached Y/NYes

Property TypeResidential Income

Rent IncludesTrash Collection

RoofShingle

Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)

Senior Community Y/NNo

SewerPublic Sewer

Standard StatusActive

StatusActive

Stories Count2

Subdivision NameAshland Forest Estat

Tax Annual Amount8208

Tenant PaysElectricity, Water

Total Actual Rent3770

UtilitiesElectricity Available, Water Available

Year Built1997

Year Built DetailsExisting

ZoningR-4

Exterior for 470 Martha Ln

Building Area Total5920

Covered Spaces

InclusionsAppliances, Negotiable

Parking FeaturesParking Lot

Total Parking2

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Barksdale Elementary

High School Clarksville High

Middle School Richview Middle

Anthony Martin

Agent | Owner

Price $950,000

MLS#3223149

List Date 05/27/2026

Property Type Multi-Family

Phone (731) 616-9391

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