1351 Avondale Drive

Clarksville, TN 37040

$11,500,000
Price
7
Beds
2
Baths
83,458 Sq. Ft.
$138 / Sq. Ft.
83,458
Sq. Ft.
$138
per Sq. Ft.

Description

This might be one of the best multifamily opportunities in TN & definitely one of the best in the Nashville area. This is your chance to own a 92-unit 1, 2, 3 & 4 BR apartment complex located approx 40 mins from Downtown Nashville. Clarksville has grown 73.8% since 2000 & is growing faster than 67% of similar-size cities in the US. The fifth-most populated city in the state has grown from 90,000 people in 1990 to 180,000 in 2023. Clarksville is home to Austin Peay University & neighbor to Fort Campbell...This might be one of the best multifamily opportunities in TN & definitely one of the best in the Nashville area. This is your chance to own a 92-unit 1, 2, 3 & 4 BR apartment complex located approx 40 mins from Downtown Nashville. Clarksville has grown 73.8% since 2000 & is growing faster than 67% of similar-size cities in the US. The fifth-most populated city in the state has grown from 90,000 people in 1990 to 180,000 in 2023. Clarksville is home to Austin Peay University & neighbor to Fort Campbell Army post located about 10 mi from downtown Clarksville. Some of it's past residents include Roy Acuff, Jimi Hendrix, Wayne Pace, Wilma Rudolph & Pat Summit. There is plenty to do in Clarksville - hike in State Parks, Kayak, Golf or Fish. History & Heritage. Arts & Culture. Home to several corporations incl Amazon DistCenter, American Standard, Bridgestone Metalpha, Convergys, Fed Ex Dist, Google, Hankook, Jostens, LG, SPX Co, Trane & many more!
  1. Listed by Bernie Gallerani • Bernie Gallerani Real Estate • 6154386658

Property Details for 1351 Avondale Drive

Subdivision Name
none
Waterfront
No
LISTING UPDATED: 09/24/2024 10:39 AM

Property Details for 1351 Avondale Drive

StatusActive
MLS #2702847
Days on Market71
Taxes$55,348 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size-
CountyMontgomery County

Building Information for 1351 Avondale Drive

Stories2Residences92Year Built1971Building Size-Lot Size-

Property Information for 1351 Avondale Drive

Summary
Location and General Information
  • Directions: From I 24, take exit 11, MLK Pkwy West, take a Left onto Avondale Dr
  • Elementary School: Norman Smith Elementary
  • High School: Montgomery Central High
  • Levels: One
  • Living Area Source: Other
  • Living Area Units: Square Feet
  • Middle Or Junior School: Montgomery Central Middle
  • Mlg Can View: Yes
  • Zoning: R-4 Multi
Parking
  • Garage Spaces: .00
  • Parking Features: Parking Lot
  • Parking Total: .00
Taxes and HOA Information
  • Association Amenities: Playground, Pool
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Other
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Other
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Other
  • Building Area Units: Square Feet
  • Flooring: Carpet, Other
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 063079 02501 00012079
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 4
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Share
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 92
Unit 1
  • Unit Type Actual Rent: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $1,050.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental Information
Rental Information
  • Total Actual Rent: $2,600

Property History for 1351 Avondale Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1351 Avondale Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$55,348 ($4,612 / month)
Home Facts
Total Finished SqFt7,332 SqFtAbove Grade Finished SqFt7,332 SqFtStories2Lot Size459,558 SqFtStyleStoresYear Built1971ZoningR-4CountyMONTGOMERYAPN079 02501 000

Schools near 1351 Avondale Drive

This home is within Montgomery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Norman Smith Elementary School
PublicPK to 5

Montgomery Central Middle School
Public6 to 8

Montgomery Central High School
Public9 to 12

CMCSS K-12 Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1351 Avondale Drive is a multi-family home for sale in Clarksville, TN 37040. This property was listed for sale on August 26, 2024 by Bernie Gallerani Real Estate, it's currently listed at $11,500,000. It has been on the market for a total of 71 days and was last sold on April 28, 2017. This listing's school district is Montgomery County School District. Nearby schools include Norman Smith Elementary School, Montgomery Central Middle School and Montgomery Central High School. 1351 Avondale Drive is a 7-bed, 2-bath, 83,458 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bernie Gallerani Real Estate, Bernie Gallerani (615.438.6658)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 09/24/2024 10:39 AM