1531 E Knollwood Cir, Clarksville, Tennessee, United States, 37043

599,900
for Sale

About the property:

Five-unit, two-story all-brick townhome building in Knollwood Hills. 4,368 SF; all units 2 BR / 1.5 BA with washer and dryer included. Each unit is separately metered and tenants pay their own utilities. Currently 4 of 5 units leased at $825-$875/mo ($3,400/mo in place); the fifth unit is being re-leased, for $4,250/mo ($51,000/yr) at full occupancy. Recent capital improvements in Unit A: full HVAC replaced Nov 2025 and new water heater May 2025. Interiors in original condition, offering renovation upside. Professionally managed by PMI Clarksville. Zoned R-4, Flood Zone X. Minutes from Fort Campbell, Austin Peay State University and downtown Clarksville. Rent roll and operating statements available to qualified buyers. Buyer to verify all information.
Property Type:
Residential Income
Status:
for Sale
House Style:
Other
Square Feet:
4368
Directions:
From downtown Clarksville, take US-41A N, turn right on E Knollwood Cir. Property on the right.
Is Building:
Yes
Is Other:
Yes
Is Unit:
Yes
Listing ID:
RTC3201002

Rooms

Dimensions

Brokered by:
Keller Williams Realty Clarksville
Presented By:

Rebekah Sprabary

Sales Representative

Sweet Home Realty & Property Management

Eddie Sprabary

Sales Representative

Sweet Home Realty & Property Management