Mack Meeks | Peck Realty Group L.L.C.
    Mack Meeks
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    • Mack Meeks | Peck Realty Group
      1810 Sharp Springs Rd,
      Winchester, Tennessee 37398
      931-924-2101
      mackmeeks@gmail.com
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      Realtrac MLS

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      $1,800,000
      For Sale

      457 SHELBY STREET

      Clarksville, TN 37042
      7712 sqft | #3061387
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      Listing OfficeUrbane Residential Specialists
      77 photos
      Type:Purchase
      Structure:Townhouse
      Zone:Residential

      Description

      Exceptional 9-Door Investment Package on ONE Street! Fully Rented, Turnkey, and Producing $134,688 Annual Gross Rents. This rare portfolio includes 7 single-family homes + 1 duplex (9 total units) with annual property taxes of just $12,544, tenant-paid utilities/lawn care/trash, and a projected NOI of $112,350, delivering a 6.24% cap rate at the $1,800,000 list price. Average rent is $1,247 per door, with full per-unit rent roll details provided in media links.. Zoned R-3, allowing medium-density residential flexibility. All units feature separate utilities, HVAC, washer/dryer hookups, kitchen appliances, and off-street parking, plus dedicated landlord storage beneath the duplex for maintenance convenience. Addresses included: 424, 442, 451 A–D, 455, and 457 A&B Shelby Street. Newer construction: 455 & 457 (built 2020) and 451 A–D (built 2022) with roofs, HVAC, windows, electric, plumbing, windows, and systems of matching age. Updated classics: 424 (1950) and 442 (1960), both renovated. All homes are on annual leases or longer, providing stability and consistent performance. Located in Clarksville near Fort Campbell, Austin Peay State University, employment opportunities, and major shopping corridors. This high-demand area supports strong, reliable occupancy. All units are occupied. Please do not disturb tenants or walk the property. No showings prior to negotiated offer. Make offer contingent on viewing inside. A rare opportunity to own a high-performing, low-maintenance, centrally located 9-door portfolio on a single block—with optional future flexibility to sell units individually.

      • Property Details
          • Utility FeaturesElectricity Available, Water Available
          • Elementary SchoolByrns Darden Elementary
          • Middle SchoolKenwood Middle School
          • CountyMontgomery County, TN
          • High SchoolKenwood High School
          • Property SubtypeResidential Income
          • Parking FeaturesConcrete, Gravel
          • SubdivisionDunnaway & Shelby
          • Sewer InformationPublic Sewer
          • Structure TypeMulti Family
          • Original List Price$1,800,000
          • Cost1800000.0
          • Property TypePurchase
          • Taxes Annual$12,544
          • MLS #3061387
          • MLS #3061387
          • Square Feet7712.0
          • Utility SourcePublic
          • WaterPublic
          • Year Built2020
          • Parking Spaces0.0

      Location

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      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Last Updated: Yesterday at 7:26 PM. Source: REALTRAC

      Provided By
      Listing Agent: Sher Powers (#RTC8269)
      Listing Office: Urbane Residential Specialists (#RTC2824)

      Mack Meeks | Peck Realty Group L.L.C.Real Estate Group
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