Clarksville, TN 37040,416 S 2nd St
Clarksville, TN 37040,416 S 2nd St
Clarksville, TN 37040,416 S 2nd St
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Listed by Clinton Ross Morford • Byers & Harvey Inc.
$ 275,000
Est. payment | /mo

2,215 SqFt


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$ 275,000
Est. payment | /mo
Save

2,215 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,215 sqft

Price per Sqft $124

MLS Listing ID 3069426

HOA Y/N No

Year Built 1930

Annual Tax Amount $1,244

Property Description

This partially remodeled 4-plex has ample room for an investor to complete rehab, and have a solid ROI. Sold As- Is. New windows installed in 2024, and new siding installed 12/2025. Located in the Dog Hill neighborhood, this investment is in an "Opportunity Zone", eligible for HUGE tax benefits! (link in MLS) It is NOT in the Historic district, so remodel plans won't need to go through Planning Commission. Units #1 and #2 are month to month, unit #4 lease renews in Feb/2026, and unit #3 is vacant for showings. (Unit #4 - 85% remodeled) (Unit #3 - 50% remodeled) (Units #1 & #2 need full remodel). There are 4 electric meters on house, yet one HVAC/Thermostat in Unit#3. Options could be to add mini split in each unit, and charge tenants for electric, or charge a monthly electric fee per tenant, as-is. Water is on one meter, so the owner pays that bill as well, and a fee can be charged per unit for that service also. New owner also has the option of adding 3 more water meters, and charging tenants individually, per usage. 2 minute walk to Downtown!!

Location

State TN

County Montgomery County

Zoning R-4

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Vinyl

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Asphalt

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Norman Smith Elementary

Middle Schools Rossview Middle

High Schools Rossview High

Others

Senior Community false

Special Listing Condition Owner Agent

RealTracs IDX
Dennis Garrison

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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416 S 2nd St