Knollwood Hills Real Estate

Welcome to Knollwood Hills, a hidden gem nestled in the heart of Clarksville, Tennessee! This charming subdivision, located in Montgomery County, offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Knollwood Hills is renowned for its picturesque streets lined with mature trees and well-maintained homes, creating a welcoming atmosphere that invites you to explore. The community prides itself on its friendly neighbors and strong sense of community spirit, where residents often gather for seasonal events and block parties, fostering lasting friendships.

One of the standout features of Knollwood Hills is its prime location. Just a short drive away, you’ll find an array of shopping, dining, and entertainment options, including the vibrant downtown Clarksville area. For those who enjoy outdoor activities, the nearby parks and recreational facilities offer ample opportunities for hiking, biking, and family picnics.

Families with children will appreciate the highly-rated schools that serve the Knollwood Hills area, ensuring that your little ones receive a quality education. Additionally, the proximity to Fort Campbell makes this subdivision an attractive option for military families seeking a welcoming community.

Whether you’re looking to buy your first home, upgrade to a larger space, or find a cozy retreat to enjoy your golden years, Knollwood Hills has something for everyone. Come discover the charm and warmth of this delightful subdivision, where your dream home awaits!

Newest Listings in Knollwood Hills

$599,900

3201002 MLS ⋅ ACTIVE Status ⋅ 37043 Zip Code

Turnkey 5-unit investment in one of Clarksville's most established neighborhoods. This all-brick townhome building in Knollwood Hills delivers $51,600 in annual gross rent from five fully occupied units, each leased between $825 and $900 per month. At asking price, investors step into a 5.57% cap rate with $33,410 in stabilized NOI and no vacancy to fill. well maintained with recent capital improvements: full HVAC system replaced November 2025 and new water heater installed May 2025, reducing near-term capex exposure. Professional management through PMI Clarksville keeps operations hands-off for out-of-state investors. At 4,368 SF across two stories, the property prices out to $119,980 per unit and $137/SF - strong value against recent comps. Flood Zone X. High-speed fiber from AT&T (5 Gbps), CDE Lightband, and Spectrum. Minutes from Fort Campbell, Austin Peay State University, and downtown Clarksville - three demand drivers that keep this submarket's rental pipeline full. only moments away from Madison St. (Sango) Stabilized. Cash-flowing. Professionally managed.

1531 E Knollwood Cir, Clarksville

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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.