185 Oak St Clarksville, TN 37042

This exceptional income-producing quadplex, located at 185 Oak St in Clarksville, Tennessee, presents a compelling investment opportunity. Built in 1996 and extensively renovated in 2021, this Class B property boasts a total of 5,600 square feet across two one-story buildings, situated on a 0.51-acre lot. The property features four 2-bedroom, 1-bathroom units, each equipped with washer/dryer hookups and kitchen appliances. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $7,600, representing a 1.48% cap rate and a price per square foot of $91.95. The asking price is $514,900, translating to $128,725 per unit. Ample parking is available with 8 spaces. The property is zoned R4 and enjoys a convenient location near Austin Peay State University (APSU), Fort Campbell, and downtown Clarksville, as well as Trice Landing and Park. This well-maintained property offers a strong return on investment with its high occupancy rate and desirable location. The property's proximity to key amenities and its recent renovation make it an attractive option for investors seeking a stable and profitable multifamily asset in a growing market. The property's location in Montgomery County, zip code 37042, offers easy access to major transportation routes and local attractions.