2314 Old Ashland City Road

Clarksville, TN 37043

$550,000
Price
4
Beds
4
Baths
2,440 Sq. Ft.
$225 / Sq. Ft.
2,440
Sq. Ft.
$225
per Sq. Ft.

Active Under Contract

Active Under Contract

.25 Acres of raw land, ready to divide and build upon!
Talk about curb appeal! This is what your tenants will see when driving up to the property.
So much development going on in the immediate area.
Whether it be schools, grocery stores, or family-fun centers: this home's location is perfectly central!
Happy Holidays!
Entrance foyer area for privacy between Units 3 & 4 and laundry area.
Welcome to Unit 3!
Plenty of natural light in Unit 3.
Unit 3's kitchen and living room space allows for an open concept.
Who doesn't love a window above the sink?!
A sleek design = a space your friends will talk about.
The bathrooms in both units feature tiles out bathrooms for luxury and appeal.
Unit 3's bedroom is tucked in the back for privacy from the rest of the home.
Each unit's primary bedroom's closet offers a LOT of space with walk in closets.
Welcome to Unit 4! It's living room area is a fantastic spot to lounge, game, or set up an office space.
Stainless steel appliances will help make your investment stand out amongst the rest!
The kitchen offers ample natural light with a window of the sink in Unit 4.
Fresh paint and caulk will make your long term rentals stand out!
Bedrooms located in the rear of Unit 4 provides privacy for yourself or the future tenants.
Shared washer and dryer location for Units 3 & 4 easily accessible with zero steps!

Description

Welcome to the healthiest multi-family investment you have scrolled upon this year, $60,000 in gross revenue in 2023! On track for $40K this year and that is with vacancies for repairs and remodels. The top two units (1 & 2) are successful AirBnB’s and the bottom two (3 & 4) are Long Term Rental properties that are leading the way in local value with location and amenities. With 86.2% occupancy rate for Unit 1 and 97.6% for Unit 2; this property has a strong track record for competitiveness in the...Welcome to the healthiest multi-family investment you have scrolled upon this year, $60,000 in gross revenue in 2023! On track for $40K this year and that is with vacancies for repairs and remodels. The top two units (1 & 2) are successful AirBnB’s and the bottom two (3 & 4) are Long Term Rental properties that are leading the way in local value with location and amenities. With 86.2% occupancy rate for Unit 1 and 97.6% for Unit 2; this property has a strong track record for competitiveness in the area. Unit 3 & 4 are actively being marketed for rent and with brand new flooring, paint, and is 100% turnkey. The land is already zoned for R-2 and with .25 acre of bare land and plenty of road frontage: this land is ready to divide and build to the rear! Did we mention that it has an Assumable (VA) 2.75% interest rate?! Call and ask for the proforma and details of the rate! Say hello to your first/best investment of 2025.

Property Details for 2314 Old Ashland City Road

Subdivision Name
None
Waterfront
No
LISTING UPDATED: 02/25/2025 07:49 AM

Property Details for 2314 Old Ashland City Road

StatusActive Under Contract
MLS #2768121
Days on Market75
Taxes$1,828 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size-
CountyMontgomery County

Building Information for 2314 Old Ashland City Road

Stories2Residences4Year Built1940Building Size-Lot Size-

Property Information for 2314 Old Ashland City Road

Summary
Location and General Information
  • Accessibility Features: Accessible Entrance
  • Directions: Take Exit 11 onto SR76 Bus, Dr MLK Jr Pky towards Clarksville. Turn left onto MLK Jr Pky towards Clarksville, SR76 W. Turn right onto Old Ashland City Road, and the home will be on your left.
  • Elementary School: Barksdale Elementary
  • High School: Clarksville High
  • Levels: One
  • Living Area Source: Agent Measured
  • Living Area Units: Square Feet
  • Middle Or Junior School: Richview Middle
  • Mlg Can View: Yes
  • Zoning: R-2
Parking
  • Total Non Garage Parking Spaces: 6.0
  • Garage Spaces: .00
  • Parking Features: Gravel
  • Parking Total: 6.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Agent Measured
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Agent Measured
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Agent Measured
  • Building Area Units: Square Feet
  • Flooring: Laminate, Tile
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 063080K A 00100 00011080F
  • Structure Type: Quadruplex
Property and Assessments
  • Construction Materials: Stucco
  • Documents Count: 5
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: Yes
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Other
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Share, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Asphalt
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit Type Actual Rent: $3,540.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $3,540.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $9,680

Property History for 2314 Old Ashland City Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2314 Old Ashland City Road

Taxable ValueLand-Additions-Total-
Tax Record2024$2,380 ($198 / month)
Home Facts
Total Finished SqFt3,600 SqFtAbove Grade Finished SqFt2,400 SqFtFinished Basement SqFt1,200 SqFtStories1Lot Size22,651 SqFtStyleStoresYear Built1940ZoningR-2CountyMONTGOMERYAPN080K A 00100 000

Schools near 2314 Old Ashland City Road

This home is within Montgomery County School District.
Rating
School
Type
Grades
Distance
Barksdale Elementary School
Public - PK to 5
Richview Middle School
Public - 6 to 8
Clarksville High School
Public - 9 to 12
Spanish Immersion @ Barksdale
Public - K to 5
Rating
School
Distance
Barksdale Elementary School
PublicPK to 5

Richview Middle School
Public6 to 8

Clarksville High School
Public9 to 12

Spanish Immersion @ Barksdale
PublicK to 5

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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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 Keller Williams Realty, Joey Williamson (931.320.6987); Keller Williams Realty, Chris Hodges (931.378.0010)

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 2025 MTRMLS, Inc. All Rights Reserved. Last updated: 02/25/2025 07:49 AM