1531 E Knollwood Cir, Clarksville, TN 37043

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List Price
$599,900
Status
ACTIVE
Days on Market
156
MLS#
3201002
Subtype
Residential Income
Year Built
1989
Living Area
4,368
Subdivision
Knollwood Hills

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

Zoning
R-4
Exterior Construction
Brick
Stories
2
Elementary School
Barksdale Elementary
Middle School
Richview Middle
High School
Clarksville High

Courtesy of Keller Williams Realty Clarksville.

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