919 Martin St
Clarksville, TN 37040
29700 sqft | #2980024
Description
Welcome to Phase Two of Martin Place Townhomes—an exceptional opportunity to acquire a pad-ready, fully approved development site in the heart of Clarksville. This phase consists of 24 units across Buildings B, C, and D, and 3 units in Building A currently cash flowing positioned! Vertical construction can begin immediately, offering investors the ability to capitalize on strong rental demand with minimal delay.
Each townhome is designed with modern finishes, including two bedrooms with private en-suite bathrooms, upstairs laundry, granite countertops, stainless steel appliances, and either a deck or patio depending on elevation. The property is zoned to allow short-term rentals, creating flexibility for both traditional leasing strategies and higher-yield rental options.
Located just minutes from the revitalized downtown district and the F&M Bank Arena, Phase Two is strategically positioned to benefit from Clarksville’s rapid growth. Rent roll from Phase One (already producing income) is available upon request to support underwriting. Property may be purchased in full or by building, with acceptable terms.
Property Details
- Utility FeaturesElectricity Available, Water Available
- Elementary SchoolNorman Smith Elementary
- SubdivisionMartin Place Townhomes
- CountyMontgomery County, TN
- Property SubtypeResidential Income
- High SchoolClarksville High
- Middle SchoolRichview Middle
- Sewer InformationPublic Sewer
- Structure TypeMulti Family
- Original List Price$5,130,000
- Property TypePurchase
- MLS #2980024
- Cost5130000
- MLS #2980024
- Utility SourcePublic
- Square Feet29700
- Year Built2025
- Taxes Annual$999
- Hoa Fees100
Location
Legal
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Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Shannon Heim (#RTC47368)
Listing Office: Keller Williams Realty Clarksville (#RTC851)
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