AbodeABODE

1531 E Knollwood Cir

Clarksville, TN 37043

1531 E Knollwood Cir , Clarksville, TN 37043 — exterior front view
1531 E Knollwood Cir , Clarksville, TN 37043 — exterior view
1531 E Knollwood Cir , Clarksville, TN 37043 — exterior view

1531 E Knollwood Cir

Clarksville, TN

$599,900

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ActiveMLS #RTC3201002

1531 E Knollwood Cir

Clarksville, TN 37043·Knollwood Hills

$599,900

List Price

Studio

Layout

4,368

Sq Ft

$137

/ Sq Ft

About This Property

Turnkey 5-unit investment in one of Clarksville's most established neighborhoods. This all-brick townhome building in Knollwood Hills delivers $51,600 in annual gross rent from five fully occupied units, each leased between $825 and $900 per month. At asking price, investors step into a 5.57% cap rate with $33,410 in stabilized NOI and no vacancy to fill. well maintained with recent capital improvements: full HVAC system replaced November 2025 and new water heater installed May 2025, reducing ne...

Property Details

Key Facts

Overview
Property TypeResidential Income
BedroomsStudio
Square Feet4,368
Price / Sq Ft$137
Days on Market73
Building
StyleOther
Year Built1989
Lot Size120
CountyMontgomery County, TN
HeatingCentral
CoolingCentral Air
FlooringCarpet
IncludedAppliances,Negotiable
ExteriorBrick
RoofShingle
WaterPublic
SewerPublic Sewer
Lot Dimensions120
MLS #RTC3201002
Days on Market73
List DateMay 8, 2026
StatusActive
Annual Taxes$4,685
Listing Courtesy OfKeller Williams Realty Clarksville

Listed for sale

MLS #RTC3201002

$599,900

May 8, 2026

Mortgage Estimate

$3,424

/month
Principal & Interest
$3,033
Property Taxes
$390
20% · $119,980
6.5%

Location

Knollwood Hills · 1531 E Knollwood Cir , Clarksville, TN 37043

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Listing data is provided in part by RealTracs MLS. Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 RealTracs Solutions. All rights reserved.

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