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2314 Old Ashland City Rd

Clarksville, TN 37043

– beds
– baths
2,440 sqft
$243 per sqft
1940 build
– on site

Welcome to the healthiest multi-family investment you have scrolled upon this year, $60,000 in gross revenue in 2023! On track for $40K this year and that is with vacancies for repairs and remodels. The top two units (1 & 2) are successful AirBnB’s and the bottom two (3 & 4) are Long Term Rental properties that are leading the way in local value with location and amenities. With 86.2% occupancy rate for Unit 1 and 97.6% for Unit 2; this property has a strong track record for competitiveness in the area. Unit 3 & 4 are actively being marketed for rent and with brand new flooring, paint, and is 100% turnkey. The land is already zoned for R-2 and with .25 acre of bare land and plenty of road frontage: this land is ready to divide and build to the rear! Did we mention that it has an Assumable (VA) 2.75% interest rate?! Call and ask for the proforma and details of the rate! Say hello to your first/best investment of 2025.

Listing courtesy of REALTRACS / Keller Williams Realty

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# 2768121 —

The Building

Year Built:

1940
Year Built Details:

EXIST
New Construction:

false
Construction Materials:

Stucco
Roof:

Asphalt
Stories:

2
Levels:

One
Security Features:

Smoke Detector(s)
Accessibility Features:

Accessible Entrance
Structure Type:

Quadruplex
# of Units Total:

4
Building Area Units:

Square Feet
Building Area Total:

2440
Building Area Source:

Agent Measured
Above Grade Finished Area:

2440
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Agent Measured
Below Grade Finished Area Source:

Agent Measured
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Laminate, Tile
Fireplace:

false
Laundry Features:

Share, Electric Dryer Hookup, Washer Hookup

Room Dimensions

Living Area:

2440
Living Area Units:

Square Feet
Living Area Source:

Agent Measured

Location

Directions:

Take Exit 11 onto SR76 Bus, Dr MLK Jr Pky towards Clarksville. Turn left onto MLK Jr Pky towards Clarksville, SR76 W. Turn right onto Old Ashland City Road, and the home will be on your left.
Latitude:

36.5067821
Longitude:

-87.30369104

The Property

Parcel Number:

063080K A 00100 00011080F
Property Type:

Residential Income
Lot Size Dimensions:

.53
Lot Size Units:

Acres
Zoning:

R-2
View:

false
Property Attached:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1828

The Listing

Map Coordinate:

36.5067821000000000 -87.3036910400000000
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Other
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Water Available
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Barksdale Elementary
Middle Or Junior School:

Richview Middle
High School:

Clarksville High

The Community

Subdivision Name:

None
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Total:

6
Parking Features:

Gravel
Garage:

false
Attached Garage:

false
Carport:

false
Open Parking Spaces:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/11/24 Dec 11, 2024	Listed / Active	REALTRACS	$595,000	60.8% (17.7% / YR)
7/2/21 Jul 2, 2021		REALTRACS	$370,000	-4.1%
6/2/21 Jun 2, 2021		REALTRACS	$385,997

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This multifamily located in Ashland Hills, Clarksville, TN 37043 is currently for sale for $595,000. 2314 Old Ashland City Rd is a 2,440 square foot multifamily with – beds and – baths that has been on Estately for 11 days. 2314 Old Ashland City Rd is in the Ashland Hills neighborhood of Clarksville and has a WalkScore® of 28, making it car-dependent.

Listing Courtesy of: REALTRACS and Keller Williams Realty.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.