5 Black Jack Way, Clarksville, TN 37040

$800,000
5,829
SqFt

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List Price
$800,000
Price Change
▼ $25,000 1785276282
MLS#
3243026
Days on Market
44
Property Type
Multifamily
Sqft. of Residence
5,829
County
Montgomery County
Status
ACTIVE

Property Description

Seize a premier investment opportunity in the heart of Clarksville with this meticulously maintained 6 unit townhouse complex. Big ticket items have already been crossed off your worry list. A brand new roof was installed in 2022, providing a crisp look and solid protection for years to come. Two HVAC units have recently been replaced with new HVAC systems, one in 2023 and the most recent in 2026. Located on a prominent corner lot within the established Oak Arbor subdivision, 5 Blackjack Way offers a robust addition to any portfolio, boasting a reported NOI of $59,400 and a design centered on long term tenant appeal. Built in 2009, this 5,829 square foot multi family property consists of six townhome style units, each offering approximately 950 to 1,000 square feet of living space. The interiors are designed for durability and comfort, featuring a practical mix of carpet, tile, and vinyl flooring. Every unit comes fully equipped with a comprehensive appliance package including a refrigerator, oven/range, microwave, and dishwasher along with the added convenience of an in unit washer and dryer. Residents also benefit from private, attached outdoor storage, a highly sought-after feature that sets this property apart. The location is a major driver for consistent occupancy. Situated with easy access to both Exits 1 and 4, the property is positioned near major employment hubs and local staples, including Fort Campbell and Austin Peay State University. A wealth of shopping and dining options are just minutes away, ensuring the area remains a top choice for those seeking a well connected lifestyle. With ample parking on site and a turn key infrastructure, this property is primed for the investor looking for stability and performance in one of Tennessee’s most dynamic markets. Schedule a showing to explore the potential of this exceptional multi family asset.

Additional Information

Construction Type
Brick, Vinyl Siding
Cooling System
Central Air, Electric
Elementary School
Glenellen Elementary
Floor Types
Carpet, Tile, Vinyl
Heating System
Central, Electric
High School
Kenwood High School
Junior High School
Kenwood Middle School
Laundry
Individual, Electric Dryer Hookup, Washer Hookup
Living Area
5,829
Lot Dimensions
71
Number Of Stories
2
Sewer System
Public Sewer
Subdivision
Oak Arbor
Tax Amount
$9,909
Water Source
Public
Year Built
2009
Zoning
Commercial
Type
Multifamily

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass RE dba Compass 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.