371 Peabody Dr, Clarksville, TN 37042

$589,000
4,000
SqFt

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List Price
$589,000
MLS#
3244553
Days on Market
40
Property Type
Multifamily
Sqft. of Residence
4,000
County
Montgomery County
Status
ACTIVE

Property Description

NEW ROOF in 2025!! One big ticket item off your plate. Excellent investment opportunity with this well-maintained quadplex offering immediate income potential and room for growth. Currently 50% occupied, this property provides investors the advantage of existing rental income while presenting an opportunity to increase cash flow by leasing the remaining unit. Each of the four units features a desirable 2-bedroom, 1.5-bath floor plan designed to attract and retain tenants. Residents enjoy spacious living areas, functional eat-in kitchens, and thoughtfully designed layouts that support comfortable everyday living. The property has been consistently maintained, minimizing deferred maintenance concerns and making it a strong addition to any investment portfolio. Additional tenant-friendly amenities include trash service and lawn care included, helping simplify utility management and enhance tenant appeal. The property has also remained pet-free, contributing to its well-kept condition. Whether you're looking to expand your portfolio or acquire a multi-family property with stable income potential, this quadplex offers an attractive combination of occupancy, functionality, and long-term investment value. Don't miss the opportunity to own a quality income-producing property with upside potential.

Additional Information

Construction Type
Brick, Vinyl Siding
Cooling System
Central Air, Electric
Elementary School
Minglewood Elementary
Floor Types
Carpet, Vinyl
Heating System
Central, Electric
High School
Northwest High School
Junior High School
New Providence Middle
Laundry
Individual
Living Area
4,000
Lot Dimensions
63
Number Of Stories
2
Sewer System
Public Sewer
Subdivision
Northridge
Tax Amount
$5,428
Water Source
Public
Year Built
1994
Zoning
R-4
Type
Multifamily

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Calculator source: Real Geeks

Listing courtesy of Century 21 Platinum Properties.

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