1531 E Knollwood Cir

For Sale

1531 East Knollwood Circle, Clarksville, TN 37043

This Clarksville property for sale is located at 1531 East Knollwood Circle. The general use of 1531 E Knollwood Cir is multi-family and it incorporates 4,368 square feet of class B multi-family space. The current listed sale price for 1531 E Knollwood Cir is $599,900. 1531 E Knollwood Cir is situated on a lot that is 0.55 acre in size.

Contacts

James Church

KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 4,368 SF
  • Lot Size 0.55 Acre
  • # of Floors 2
  • Building Class B
  • Year Built 1989
  • Date Updated May 18, 2026

Turnkey 5-unit brick townhome in Clarksville's Knollwood Hills subdivision. 4,368 SF, 2-story, built 1989, zoned R-4 Multi-Family. 100% occupied — all 5 units at market rents ($825–$900/mo, avg $860/unit, $4,300/mo GPR). Fresh mechanicals: HVAC replaced Nov 2025, water heater May 2025. Total 2025 capex: $13,171 fully seller-absorbed. Stabilized NOI: $33,410 | Cap Rate: 5.57% @ $599,900 | DSCR: 1.98× | Cash flow: $16,562/yr after debt service. Professional management through PMI Clarksville (7% fee). Flood Zone X (minimal risk). Fiber internet available. Near Fort Campbell, APSU & downtown Clarksville.

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Getting around

  • 41/100

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  • 31/100

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Location

  • City Clarksville, TN
  • Zip Code 37043

Points of Interest

  • Marathon

    0.31 miles

  • Mapco Express

    0.52 miles

  • Mini mart

    1.86 miles

  • Hi-Lo

    2.93 miles

  • Speedway

    4.24 miles

  • Kroger

    4.68 miles

  • QuikTrip

    4.91 miles

  • Walmart

    5.20 miles

  • Shell

    5.36 miles

  • King's Bluff Park

    0.50 miles

  • Lot 9

    2.44 miles

  • Lot 47

    2.49 miles

  • Lot 10

    2.54 miles

  • Lot 12

    2.55 miles

  • Lot 8

    2.57 miles

  • Lot 43

    2.57 miles

  • Lot 56

    2.58 miles

  • Lot 30

    2.58 miles

  • Lot 41

    2.58 miles

  • Riverview Inn

    2.85 miles

  • Super 8

    5.02 miles

  • Days Inn by Wyndham Clarksville TN

    5.11 miles

  • Baymont Clarksville

    5.23 miles

  • Quality Inn

    5.28 miles

  • Home2 Suites by Hilton Clarksville/Fort Campbell

    6.18 miles

  • Econo Lodge & Suites

    6.21 miles

  • Tru by Hilton Clarksville

    6.22 miles

  • Edge of Town Motel

    6.24 miles

  • Candlewood Suites Clarksville

    6.25 miles

  • Publix

    0.62 miles

  • Kroger

    1.15 miles

  • Walmart Supercenter

    2.70 miles

  • Hiltop Supermarket

    4.84 miles

  • Walmart Neighborhood Market

    5.22 miles

  • Priceless IGA

    5.37 miles

  • TJ Maxx

    5.42 miles

  • Governor's Square Plaza

    5.64 miles

  • Target

    5.64 miles

  • Belk Outlet

    5.70 miles

Contact Listing Broker
James Church

KW Commercial

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