Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.
Active
Price cut: $50K (3/14)
$750,000
701 Cumberland Dr, Clarksville, TN 37040
2beds
2baths
6,180sqft
Est.:
Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$121/sqft
$-- HOA
What's special
Studio apartment
- 25 days |
- 259 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 07:22pm
Listing Provided by:
Devan McClish 615-418-3133,
Bradford Real Estate 615-279-5310
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3132629
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Laundry: Common Area
Features
- Flooring: Laminate
Interior area
- Total structure area: 6,180
- Total interior livable area: 6,180 sqft
- Finished area above ground: 6,180
Property
Parking
- Total spaces: 10
- Parking features: Gravel
- Uncovered spaces: 10
Features
- Levels: One
- Stories: 2
Details
- Parcel number: 063066K J 04700 00012066N
- Zoning: R2
- Special conditions: Owner Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Elder
HOA
- Has HOA: No
Location
- Region: Clarksville
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $195,100
- Annual tax amount: $2,326
- Date on market: 2/18/2026
- Inclusions: Appliances
- Total actual rent: 3250
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2026 | Price change | $750,000-6.3%$121/sqft |
Source: | ||
| 2/19/2026 | Listed for sale | $800,000+6.7%$129/sqft |
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| 12/18/2025 | Listing removed | $750,000$121/sqft |
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| 9/14/2025 | Listed for sale | $750,000$121/sqft |
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| 9/1/2025 | Listing removed | $750,000$121/sqft |
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| 7/11/2025 | Listed for sale | $750,000$121/sqft |
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| 7/1/2025 | Listing removed | $750,000$121/sqft |
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| 7/1/2025 | Price change | $750,000-6.3%$121/sqft |
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| 5/8/2025 | Listed for sale | $800,000$129/sqft |
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| 5/1/2025 | Listing removed | $800,000$129/sqft |
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| 4/7/2025 | Price change | $800,000-4.2%$129/sqft |
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| 3/17/2025 | Price change | $835,000-3.5%$135/sqft |
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| 2/28/2025 | Listed for sale | $865,000$140/sqft |
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| 2/1/2025 | Listing removed | $865,000$140/sqft |
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| 1/21/2025 | Price change | $865,000-3.4%$140/sqft |
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| 12/10/2024 | Listed for sale | $895,000-10.1%$145/sqft |
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| 11/7/2024 | Listing removed | $995,000-9.5%$161/sqft |
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| 10/26/2024 | Listed for sale | $1,100,000+155.8%$178/sqft |
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| 10/5/2022 | Sold | $430,000-14%$70/sqft |
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| 8/15/2022 | Contingent | $499,900$81/sqft |
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| 8/2/2022 | Listed for sale | $499,900$81/sqft |
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| 7/24/2022 | Pending sale | $499,900$81/sqft |
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| 7/19/2022 | Price change | $499,900-9.1%$81/sqft |
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| 6/29/2022 | Price change | $549,900-5.2%$89/sqft |
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| 6/12/2022 | Price change | $579,900-3.3%$94/sqft |
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| 6/2/2022 | Listed for sale | $599,900+1263.4%$97/sqft |
Source: | ||
| 1/17/2013 | Sold | $44,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,326 +33.4% | $78,040 +88.9% |
| 2023 | $1,744 +32.8% | $41,320 |
| 2022 | $1,313 +41.2% | $41,320 +32.8% |
| 2021 | $930 -25.7% | $31,120 +60% |
| 2020 | $1,251 +0.1% | $19,450 |
| 2019 | $1,250 | $19,450 -51.9% |
| 2018 | $1,250 -1.3% | $40,400 -2% |
| 2017 | $1,266 -28.8% | $41,240 |
| 2016 | $1,777 +2.2% | $41,240 |
| 2015 | $1,738 +1.4% | $41,240 |
| 2014 | $1,715 +42.7% | $41,240 +50.3% |
| 2013 | $1,202 | $27,440 +0% |
| 2011 | $1,202 +6.3% | $27,438 |
| 2010 | $1,130 | $27,438 |
| 2009 | $1,130 | $27,438 |
| 2008 | -- | $27,438 +21.2% |
| 2007 | $1,007 +0% | $22,637 |
| 2006 | $1,007 +11.5% | $22,637 +18.8% |
| 2005 | $904 +5.6% | $19,062 |
| 2004 | $856 | $19,062 |
| 2002 | $856 | $19,062 +7.4% |
| 2001 | -- | $17,742 -60% |
| 2000 | -- | $44,355 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,997/mo
Principal & interest
$3666
Property taxes
$331
More affordability tools
Climate risks
Neighborhood: 37040
Nearby schools
GreatSchools rating
- 5/10Norman Smith Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Richview Middle SchoolGrades: 6-8Distance: 4.2 mi
- 8/10Rossview High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- Elementary: Norman Smith Elementary
- Middle: Richview Middle
- High: Clarksville High
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






