$649,000

535 Lafayette Rd Lot 5, Clarksville, TN 37042

  • 4,792 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $135/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Seller Paid PERMANENT RATE BUY DOWN with Sellers' Preferred Lender! Ask for details. Great income property that is fully occupied with $4790 a month in rent roll, managed professionally by a local manager with no issues. You can close and walk right into a turnkey income property. Each unit is 3 bedrooms with a large family bathroom upstairs, downstairs is an open concept living kitchen, and living room, with a 1/2 bath and an attached garage for each unit! Newer HVAC and roof. Land use is commercial. Zoning Code is R-4 Multi Family Residential, offering flexibility to use to live in one, long-term rent the others, or even do NOO STR AirBnB investment, and you can take advantage of the new tax laws and 100% Bonus Depreciation! VA and FHA eligible, if you want to occupy the unit with the lease up!

Listing Status:
Active
Date Added:
August 22, 2025 at 05:00AM
Listing Office:
Compass RE : 6157070321
Listing Agent:
Ethan Lanagan : 6157070321
MLS ID:
2975979
  • Laundry: IndividualElectric Dryer HookupWasher Hookup
  • Flooring: CarpetTile
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Parking: Garage Faces FrontConcreteParking LotParking spaces: 9
  • Roofing: Shingle
  • General: Two
  • Originating MLS: realtrac
  • County: Montgomery CountyTN
  • Zoning: Commercial063043J F 00700 00007043J
  • Utilities: Electricity AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Ethan Lanagan, Compass RE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Minglewood Elementary School

215 Cunningham Ln, Clarksville, TN, 37042

Grades PK-5

0.68 miles away

N

New Providence Middle School

146 Cunningham Ln, Clarksville, TN, 37042

Grades 6-8

0.53 miles away

N

Northwest High School

800 Lafayette Rd, Clarksville, TN, 37042

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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