Seller Paid PERMANENT RATE BUY DOWN with Sellers' Preferred Lender! Ask for details. Great income property that is fully occupied with $4790 a month in rent roll, managed professionally by a local manager with no issues. You can close and walk right into a turnkey income property. Each unit is 3 bedrooms with a large family bathroom upstairs, downstairs is an open concept living kitchen, and living room, with a 1/2 bath and an attached garage for each unit! Newer HVAC and roof. Land use is commercial. Zoning Code is R-4 Multi Family Residential, offering flexibility to use to live in one, long-term rent the others, or even do NOO STR AirBnB investment, and you can take advantage of the new tax laws and 100% Bonus Depreciation! VA and FHA eligible, if you want to occupy the unit with the lease up!
Closed
$649,000
535 Lafayette Rd #5, Clarksville, TN 37042
12beds
8baths
4,792sqft
Multi Family
Built in 2007
-- sqft lot
$647,000 Zestimate®
$135/sqft
$1,340 Estimated rent
Home value
$647,000
$615,000 - $679,000
$1,340/mo
Zestimate® history
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$1,340/mo
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$3,717/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: January 23, 2026 at 07:20pm
Listing Provided by:
Ethan Lanagan 615-707-0321,
Compass RE
Bought with:
Ethan Lanagan, 351977
Compass RE
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2975979
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Tile
Interior area
- Total structure area: 4,792
- Total interior livable area: 4,792 sqft
- Finished area above ground: 4,792
Property
Parking
- Total spaces: 9
- Parking features: Garage Faces Front, Concrete, Parking Lot
- Attached garage spaces: 1
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 063043J F 00700 00007043J
- Zoning: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & neighborhood
Location
- Region: Clarksville
- Subdivision: Lafayette Road Apart
HOA & financial
Other financial information
- Total actual rent: 4790
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $649,000$135/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2975979 Report a problem | ||
| 12/24/2025 | Contingent | $649,000$135/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2975979 Report a problem | ||
| 11/25/2025 | Price change | $649,000-0.2%$135/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2975979 Report a problem | ||
| 8/22/2025 | Listed for sale | $650,000$136/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2975979 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 37042
Nearby schools
GreatSchools rating
- 5/10Minglewood Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10New Providence Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Northwest High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Minglewood Elementary
- Middle: New Providence Middle
- High: Northwest High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$647,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$647,000
- Tennessee
- Montgomery County
- Clarksville
- 37042
- 535 Lafayette Rd Unit 5