1531 E Knollwood Cir, Clarksville, TN 37043

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List Price
$599,900
MLS#
3201002
Days on Market
156
Property Type
Multifamily
Sqft. of Residence
4,368
County
Montgomery County
Status
ACTIVE

Property Description

Five-unit, two-story all-brick townhome building in Knollwood Hills. 4,368 SF; all units 2 BR / 1.5 BA with washer and dryer included. Each unit is separately metered and tenants pay their own utilities. Currently 4 of 5 units leased at $825-$875/mo ($3,400/mo in place); the fifth unit is being re-leased, for $4,250/mo ($51,000/yr) at full occupancy. Recent capital improvements in Unit A: full HVAC replaced Nov 2025 and new water heater May 2025. Interiors in original condition, offering renovation upside. Professionally managed by PMI Clarksville. Zoned R-4, Flood Zone X. Minutes from Fort Campbell, Austin Peay State University and downtown Clarksville. Rent roll and operating statements available to qualified buyers. Buyer to verify all information.

Additional Information

Construction Type
Brick
Cooling System
Central Air
Elementary School
Barksdale Elementary
Floor Types
Carpet
Heating System
Central
High School
Clarksville High
Junior High School
Richview Middle
Living Area
4,368
Lot Dimensions
120
Number Of Stories
2
Roofing Material
Shingle
Sewer System
Public Sewer
Subdivision
Knollwood Hills
Tax Amount
$4,685
Water Source
Public
Year Built
1989
Zoning
R-4
Type
Multifamily

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Clarksville.

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