Five-unit, two-story all-brick townhome building in Knollwood Hills. 4,368 SF; all units 2 BR / 1.5 BA with washer and dryer included. Each unit is separately metered and tenants pay their own utilities. Currently 4 of 5 units leased at $825-$875/mo ($3,400/mo in place); the fifth unit is being re-leased, for $4,250/mo ($51,000/yr) at full occupancy. Recent capital improvements in Unit A: full HVAC replaced Nov 2025 and new water heater May 2025. Interiors in original condition, offering renovation upside. Professionally managed by PMI Clarksville. Zoned R-4, Flood Zone X. Minutes from Fort Campbell, Austin Peay State University and downtown Clarksville. Rent roll and operating statements available to qualified buyers. Buyer to verify all information.
Features
4368 sq. ft. floor area
cottageMulti-Family
Property history for 1531 E Knollwood Cir
2020
Sold
$416,800
10 Jul 2020 by David Greene, of Crye-Leike, Inc., REALTORS
2017
Sold
$263,500
07 Nov 2017 by JODI GRIFFEY
Happy sellers in Clarksville
91%
sentiment_very_satisfied
91% of sellers in Clarksville reported that their sale price either exceeded or met their price expectations.
Clarksville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 11 reviews in Clarksville over the last 12 months.
Local market activity for multi families in Clarksville
Sold
For Sale
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