492 Oak St, Clarksville, TN 37042
- $350,000
- 2,668
- SqFt
- Sold Price
- $350,000
- List Price
- $350,000
- Closing Date
- Dec 22, 2025
- MLS#
- 2800728
- Days on Market
- 274
- Property Type
- Multifamily
- Sqft. of Residence
- 2,668
- County
- Montgomery County
- Status
- CLOSED
Property Description
Investment Opportunity in a Growing Area! Don’t miss this fantastic opportunity to own a newly renovated triplex in a neighborhood experiencing rapid growth and revitalization! With one vacant unit, this property is perfect for a VA buyer looking to occupy while benefiting from rental income. Each unit features 2 bedrooms, 1 bathroom, central heat and air, and washer/dryer connections for added convenience. Kitchens come equipped with a stove and refrigerator, making them move-in ready for tenants. Renovations were completed in 2024, ensuring modern updates and appeal (please ask for P&L so detailed report can be provided). All units have market rent rate of $895/month plus a $55 monthly water fee. With the area’s continued development, this is the perfect time to invest in a property that offers immediate income potential and long-term value appreciation. Will consider Owner Financing. Price is firm at $350,000 with a $30,000 down payment. The interest rate will be fixed at 5.5% amortized over 30 years with a balloon at the end of year 7. Schedule a showing today! PLEASE DO NOT BOTHER TENANT(S).
Additional Information
- Construction Type
- Brick
- Cooling System
- Central Air, Electric
- Elementary School
- Byrns Darden Elementary
- Floor Types
- Vinyl
- Heating System
- Central, Electric
- High School
- Kenwood High School
- Junior High School
- Kenwood Middle School
- Laundry
- Individual, Electric Dryer Hookup, Washer Hookup
- Living Area
- 2,668
- Lot Dimensions
- 8,712
- Number Of Stories
- 2
- Roofing Material
- Shingle
- Sewer System
- Public Sewer
- Subdivision
- N/A
- Tax Amount
- $1,512
- Water Source
- Public
- Year Built
- 1965
- Zoning
- Multi Res.
- Type
- Multifamily
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Listing courtesy of Blue Cord Realty, LLC. Selling Office: Blue Cord Realty, LLC.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.