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287 Smithson Ln, Clarksville, TN, 37040

10beds
12baths
5,177sqft
$800,000
$155price/sqft
$5,312/moest. monthly cost
$212,480/yrincome needed

About This Home

Turnkey Quadplex Built in 2021 Exceptional investment opportunity with this well-maintained quadplex offering strong rental performance in a highly desirable, convenient location. Built in 2021, each unit features modern finishes designed to attract and retain quality tenants, including durable LVP flooring and granite countertops throughout. The two end units each offer approximately 1,305 sq ft with 3 bedrooms and 3 full bathrooms, providing spacious, functional layouts ideal for families or long-term renters. The interior units feature 2 bedrooms and 2.5 bathrooms and include the added benefit of a 1-car garage, increasing rental appeal and tenant convenience. Current rents range from $1,375 to $1,475 per month, offering immediate income with upside potential. All units reflect contemporary design and construction standards, minimizing near-term capital expenditures and maintenance concerns. Situated in a desirable area with easy access to restaurants, shopping, grocery stores, and everyday conveniences, this property delivers both lifestyle appeal for tenants and long-term value for investors. Whether you are expanding an existing portfolio or entering the multi-family market, this quadplex presents a compelling opportunity for steady cash flow and future appreciation. Do not miss this modern, income-producing asset—schedule your showing today.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
5/10
Kenwood Middle SchoolGrades 6-82.8 mi
3/10
Kenwood High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 2021

Materials

  • Construction materials: Brick,Stone,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Individual,Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 12

Features

  • Flooring: Laminate
  • Finished area above ground: 5,177

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 5,177
  • Total interior livable area: 5,177 sqft

Property

Details

  • Parcel number: 063041A F 04300 00006041
  • Attached to another structure: Yes
  • Zoning: R-4
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 90 Acres
  • Lot size dimensions: 90

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Parking Lot
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Earthquake
Hail
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,045$48,540
Home Insurance $441$5,292
Property Taxes $406$4,872
Electricity $420$5,047
Total$5,312$63,744

Income You'd Need if You Spent...

35% on housing$182,125/yr
40% on housing$159,360/yr
45% on housing$141,653/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 37040$144
Montgomery County$160

vs Homes Sold Last Month

Median $/sqft

ZIP 37040$181
Montgomery County$183

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Listed for rent$1,475
2026-02-12Listed for sale$800,000
2025-11-05Listing removed$1,375
2025-09-22Listed for rent$1,375
2025-02-22Listing removed$1,375
2025-01-22Listed for rent$1,375
2024-12-19Listing removed$1,375
2024-11-18Listed for rent$1,375
2024-11-10Listing removed$1,375
2024-10-24Listed for rent$1,375
2024-10-24Listing removed$1,375
2024-08-26Listed for rent$1,395
2023-11-09Listing removed--
2023-10-04Listed for rent$1,425

For Sale by Agent

AgentKayla Gunter
BrokerageCentury 21 Platinum Properties

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