267 Smithson Ln - Quadplex — Sale in Clarksville, TN
- Price: $725K
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Clarksville, TN 37040
- Size: 4,612 SF
- Year built: 2021
Photos
Investment Figures
- Price per square foot
- $157
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Quadplex in Flint Ridge with an assumable VA loan at a 2.706% fixed interest rate. This is a rare opportunity to acquire an income-producing multi-family property with below-market financing already in place. The existing first mortgage of approximately $399,000 is eligible for VA loan assumption by a qualified buyer with sufficient VA entitlement. A discounted second note is also part of the transaction structure, creating additional value for the right buyer. Sellers are motivated and will consider reasonable offers. The property features four two-story townhome-style units, each with 2 bedrooms and 2.5 bathrooms. Total living area is 4,612 square feet on a half-acre lot zoned R-4 Multi-Family Residential. Construction includes common brick exterior, composition shingle roofing, slab-on-grade foundation, and individual HVAC split systems in each unit. The 2026 county appraised value is $807,900. 3 units rented and a 4th almost signed up. Gross monthly rental income is $4,698 with upside potential at lease renewals. The interest rate differential between the assumable loan and current market rates represents significant monthly savings, making this property cash-flow positive under the assumed financing structure. At prevailing market rates, this same property would not generate positive cash flow, which underscores the value of the assumption. Buyer must qualify for VA loan assumption. Building SF: 4612 | Year Built: 2021 | Listing Type: FOR SALE
Market Context
This multifamily in Clarksville, TN is listed for sale at $725,000 across 4,612 SF. The building dates to 2021. Compare it against other multifamily listings for sale in Clarksville, TN — view the full market.
First seen on CREHunt: Oct 11, 2026
Contact
- James Church — KW Commercial · +19316488500 · james.church@kwcommercial.com
- James Church · +19316488500 · james.church@kwcommercial.com
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