Clarksville, TN 37042,457 SHELBY STREET
Clarksville, TN 37042,457 SHELBY STREET
Clarksville, TN 37042,457 SHELBY STREET
77
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Listed by Sher Powers • Urbane Residential Specialists
$1,800,000
Est. payment /mo
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7,712 SqFt
Active

457 SHELBY STREET Clarksville, TN 37042

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Alexandria Stout

Alexandria Stout

+1(731) 363-0995

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,712 sqft

Price per Sqft $233

Subdivision Dunnaway & Shelby

MLS Listing ID 3061387

Year Built 2020

Annual Tax Amount $12,544

Property 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.

Location

State TN

County Montgomery County

Zoning R-3

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Wood, Laminate

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Byrns Darden Elementary

Middle Schools Kenwood Middle School

High Schools Kenwood High School

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 9
  • 6

    Ringgold Elementary School

    Public | PK - 5

  • 6

    Kenwood Elementary School

    Public | PK - 5

  • 6

    Byrns L Darden Elementary School

    Public | PK - 5

  • 5

    Minglewood Elementary School

    Public | PK - 5

  • 5

    Burt Elementary School

    Public | 4 - 5

  • 5

    Norman Smith Elementary School

    Public | PK - 5

  • 0

    Tabernacle Christian School

    Private | PK - 5

  • 0

    Clarksville Academy

    Private | PK - 12

  • 0

    Weems Academy

    Private | 1 - 12

Middle Schools 2
  • 6

    New Providence Middle School

    Public | 6 - 8

  • 4

    Kenwood Middle School

    Public | 6 - 8

High Schools 3
  • 10

    The Middle College @ Austin Peay State University

    Public | 11 - 12

  • 4

    Kenwood High School

    Public | 9 - 12

  • 0

    Genesis Teen Learning Center - Montgomery County

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Alexandria Stout

Alexandria Stout

Agent | License ID: 375002

+1(731) 363-0995

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457 SHELBY STREET