Sold
Last Sold Price
12 beds8 baths4,792 sqft$135/sqft
535 Lafayette Rd, Lot 5, Clarksville, TN 37042
Multi FamilyProperty Type
2007Year Built
$135/sq ftPrice per sq ft
9 carsParking Spaces

Description

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....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!

Listing Agent

  1. Ethan Lanagan

    Ethan Lanagan

    Listing Agent

    Compass RE

    P: (615) 707-0321

    M: (615) 707-0321

Listing closed: 01/23/2026 12:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 2975979

Recent comparable sales

Median sold price

$575,000

Avg days on market

59

Sale-to-list ratio

95.2%

Clarksville, TN

9 comparable properties found

$725,000 | 1728 Thistlewood Drive, Clarksville, TN 37042
1/24
1

$725,000

Sold 05/29/25

12
Bedrooms
8
Bathrooms
4,420
Square Feet
Unavailable
Acres
$675,000 | 306 Rowand Court, Clarksville, TN 37042
1/18
2

$675,000

Sold 08/11/25

12
Bedrooms
8
Bathrooms
4,268
Square Feet
Unavailable
Acres
a front view of a house with garden
1/29
3

$575,000

Sold 09/16/25

8
Bedrooms
8
Bathrooms
4,080
Square Feet
Unavailable
Acres
a car parked in front of a house
1/22
4

$563,000

Sold 10/21/24

8
Bedrooms
8
Bathrooms
3,770
Square Feet
Unavailable
Acres
$560,000 | 361 Peabody Drive, Clarksville, TN 37042
1/29
5

$560,000

Sold 12/18/25

8
Bedrooms
8
Bathrooms
3,770
Square Feet
Unavailable
Acres
a car parked in front of a brick house
1/86
6

$475,000

Sold 05/26/26

8
Bedrooms
8
Bathrooms
3,800
Square Feet
Unavailable
Acres
a front view of a house with a garage
1/15
7

$675,000

Sold 12/18/24

8
Bedrooms
8
Bathrooms
4,373
Square Feet
Unavailable
Acres
8

$450,000

Sold 04/24/26

Unavailable
Bedrooms
8
Bathrooms
4,096
Square Feet
0.28
Acres
a view of a house with large windows
1/14
9

$612,500

Sold 10/11/24

8
Bedrooms
8
Bathrooms
4,380
Square Feet
Unavailable
Acres

Location

Sold By Compass RE, Ethan Lanagan (615.707.0321)

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Principal and Interest

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Property Taxes

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Property Information for 535 Lafayette Road

Property Details
  • Taxes: $8,742 / year
  • MLS Type: Residential Income
  • Subdivision Name: Lafayette Road Apart
  • Waterfront: No
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 2007
Summary
Location and General Information
  • Directions: Ft Campbell blvd to Lafayette Rd. Building is 1.2 miles down on right.
  • Elementary School: Minglewood Elementary
  • High School: Northwest High School
  • Levels: Two
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Middle Or Junior School: New Providence Middle
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Total Non Garage Parking Spaces: 8.0
  • Garage Spaces: 1.00
  • Parking Features: Garage Faces Front, Concrete, Parking Lot
  • Parking Total: 9.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Appraiser
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Appraiser
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Appraiser
  • Building Area Units: Square Feet
  • Flooring: Carpet, Tile
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 063043J F 00700 00007043J
  • Structure Type: Quadruplex
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 2
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • Roof: Shingle
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit Type Actual Rent: $1,225.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Type Actual Rent: $1,175.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 3
  • Unit Type Actual Rent: $1,195.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 4
  • Unit Type Actual Rent: $1,195.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Rental Information
Rental Information
  • Rent Includes: None
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $4,790

Property History for 535 Lafayette Road

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Closed

REALTRACS #2975979

$649,000
Dec 24, 2025

Contract - Not Showing

REALTRACS #2975979

Dec 24, 2025

Contract - Showing

REALTRACS #2975979

DateEvent & SourcePrice
01/23/2026

Closed

REALTRACS #2975979

$649,000
12/24/2025

Contract - Not Showing

REALTRACS #2975979

12/24/2025

Contract - Showing

REALTRACS #2975979

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 535 Lafayette Road

This home is within Montgomery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Minglewood Elementary School
PublicPK to 5

New Providence Middle School
Public6 to 8

Northwest High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 535 Lafayette Road, Clarksville, TN 37042
$649,000
12
8
4,792
$275,000
3
1,300
23,958
$320,000
12
4
4,792
11,325
0.5
2,400
43,560
$52,500
2.5
1,498
39,204
8,200
273,121

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 01/23/2026 09:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.