457 Shelby Street, Clarksville, TN 37042

Clarksville
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
457 Shelby Street,Clarksville, TN 37042
$1,800,000
  • - Beds
  • - Baths
  • 7,712 sq. ft.
  • Multi-family
  • Active
Listed by: sher powers
Office: urbane residential specialists
MLS#:3061387
Source:NASHVILLE

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$233.4

About this home

Exceptional 9-Door Investment Package on ONE Street! Fully Rented, Turnkey, and Producing $134,688 Annual Gross Rents. This rare portfolio includes 7 single-family homes + 1 duplex (9 total units) with annual property taxes of just $12,544, tenant-paid utilities/lawn care/trash, and a projected NOI of $112,350, delivering a 6.24% cap rate at the $1,800,000 list price. Average rent is $1,247 per door, with full per-unit rent roll details provided in media links.. Zoned R-3, allowing medium-density residential flexibility. All units feature separate utilities, HVAC, washer/dryer hookups, kitchen appliances, and off-street parking, plus dedicated landlord storage beneath the duplex for maintenance convenience. Addresses included: 424, 442, 451 A–D, 455, and 457 A&B Shelby Street. Newer construction: 455 & 457 (built 2020) and 451 A–D (built 2022) with roofs, HVAC, windows, electric, plumbing, windows, and systems of matching age. Updated classics: 424 (1950) and 442 (1960), both...

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Home facts

  • Year built:2020
  • Listing ID #:3061387
  • Added:152 day(s) ago
  • Updated:May 14, 2026 at 02:24 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:7,712 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:2020
  • Building area:7,712 sq. ft.
  • Construction Materials:Frame
  • Levels:1 Story

Schools

  • High school:Kenwood High School
  • Middle school:Kenwood Middle School
  • Elementary school:Byrns Darden Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$233.4
  • Tax amount:$12,544

Features and amenities

  • Amenities:Smoke Detector(s)

Parking

  • Total parking spaces:17
  • Parking description:Concrete, Gravel
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