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457 Shelby Street, 
Clarksville, TN 37042

$1,800,000


Bed


Bath


7,712

Sq Ft


Multi-Family

Active

Listed by

Sher Powers

Urbane Residential Specialists

615-430-6861

Last updated:

December 13, 2025, 03:43 PM

MLS#

3061387

Source:

NASHVILLE

About This Home

457 Shelby Street

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 renovated. All homes are on annual leases or longer, providing stability and consistent performance. Located in Clarksville near Fort Campbell, Austin Peay State University, employment opportunities, and major shopping corridors. This high-demand area supports strong, reliable occupancy. All units are occupied. Please do not disturb tenants or walk the property. No showings prior to negotiated offer. Make offer contingent on viewing inside. A rare opportunity to own a high-performing, low-maintenance, centrally located 9-door portfolio on a single block—with optional future flexibility to sell units individually.

Home Facts

Multi-Family

Built in 2020

Price Summary

1,800,000

$233 per Sq. Ft.

MLS #:

3061387

Last Updated:

December 13, 2025, 03:43 PM

Added:

8 day(s) ago


Rooms & Interior

Interior

Living Area:

7,712 Sq. Ft.


Structure

Structure

Building Area:

7,712 Sq. Ft.

Year Built:

2020


Finances & Disclosures

Finances

Price:

$1,800,000

Price per Sq. Ft:

$233 per Sq. Ft.

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