Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker The Advantage Realtor Group, Inc.
Property view
Listing view 2

267 Smithson Ln, 
Clarksville, TN 37040

$725,000


Bed


Bath


4,612

Sq Ft


Multi-Family

Coming Soon

Listed by

James Church

Keller Williams Realty Clarksville

931-648-8500

Last updated:

March 1, 2026, 03:19 PM

MLS#

3137039

Source:

NASHVILLE

About This Home

267 Smithson Ln

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 $4,500 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, which requires active duty military status, veteran status, or eligible reservist status along with a valid Certificate of Eligibility showing sufficient entitlement. Proof of funds for the equity portion of the purchase will be required. The assumption process typically takes 45 to 90 days. Property is being sold as-is. Buyer and buyer's agent should independently verify all information including rental income, loan terms, and property condition.

Home Facts

Multi-Family

Built in 2021

Price Summary

725,000

$157 per Sq. Ft.

MLS #:

3137039

Last Updated:

March 1, 2026, 03:19 PM

Added:

8 day(s) ago


Rooms & Interior

Interior

Living Area:

4,612 Sq. Ft.


Structure

Structure

Building Area:

4,612 Sq. Ft.

Year Built:

2021


Finances & Disclosures

Finances

Price:

$725,000

Price per Sq. Ft:

$157 per Sq. Ft.

MLS Logo
Copyright 2026 Realtracs Mls. All rights reserved. Realtracs Mls provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Realtracs Mls will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Realtracs Mls.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.