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1531 E Knollwood Cir
Clarksville, TN 37043 Clarksville

$599,900 USD

Multifamily For Sale  •  4,368 SF

Property Details

• Property Type Multifamily
• Total Building Size 4,368 SF
• Lot Size 0.55 AC
• Year Built 1989
• Zoning R-4

40 Walk Score

Highlights

8.02% stabilized cap rate - 1.98x DSCR, $16,562/yr positive cash flow after debt service

Fresh mechanicals: HVAC replaced Nov 2025, water heater May 2025 - reduced near-term capex risk

100% occupied, 5 units $825-$900/mo. Near Fort Campbell, APSU & downtown Clarksville. Fiber internet available

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes