919 Martin St, Clarksville, TN 37040

$4,995,000
29,700
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$4,995,000
Price Change
▼ $135,000 1775614652
MLS#
2980024
Days on Market
341
Property Type
Multifamily
Sqft. of Residence
29,700
County
Montgomery County
Status
ACTIVE

Property Description

Welcome to Phase Two of Martin Place Townhomes—an exceptional opportunity to acquire a pad-ready, fully approved development site in the heart of Clarksville. This phase consists of 24 units across Buildings B, C, and D, and 3 units in Building A currently cash flowing positioned! Units B1 - B8 are complete and being marketed for rent. Buildings C and D are estimated to be completed by June 15th. Each townhome is designed with modern finishes, including two bedrooms with private en-suite bathrooms, upstairs laundry, granite countertops, stainless steel appliances, and either a deck or patio depending on elevation. The property is zoned to allow short-term rentals, creating flexibility for both traditional leasing strategies and higher-yield rental options. Located just minutes from the revitalized downtown district and the F&M Bank Arena, Phase Two is strategically positioned to benefit from Clarksville’s rapid growth. Rent roll from Phase One (already producing income) is available upon request to support underwriting. Property may be purchased in full or by building, with acceptable terms.

Additional Information

Association Fee
$100
Association Fee Frequency
Monthly
Community Amenities
Sidewalks
Construction Type
Brick, Vinyl Siding
Cooling System
Ceiling Fan(s), Central Air, Electric
Elementary School
Norman Smith Elementary
Floor Types
Carpet, Vinyl
Heating System
Central, Electric, Heat Pump
High School
Clarksville High
Junior High School
Richview Middle
Laundry
Individual, Electric Dryer Hookup, Washer Hookup
Living Area
29,700
Lot Number
B, C, D
New Construction
Yes
Number Of Stories
2
Roofing Material
Shingle
Sewer System
Public Sewer
Subdivision
Martin Place Townhomes
Tax Amount
$999
Water Source
Public
Year Built
2025
Zoning
R-4
Type
Multifamily

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Unique Real Estate.

board logo

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.