This might be one of the best multifamily opportunities in TN & definitely one of the best in the Nashville area. This is your chance to own a 92-unit 1, 2, 3 & 4 BR apartment complex located approx 40 mins from Downtown Nashville. Clarksville has grown 73.8% since 2000 & is growing faster than 67% of similar-size cities in the US. The fifth-most populated city in the state has grown from 90,000 people in 1990 to 180,000 in 2023. Clarksville is home to Austin Peay University & neighbor to Fort Campbell Army post located about 10 mi from downtown Clarksville. Some of it's past residents include Roy Acuff, Jimi Hendrix, Wayne Pace, Wilma Rudolph & Pat Summit. There is plenty to do in Clarksville - hike in State Parks, Kayak, Golf or Fish. History & Heritage. Arts & Culture. Home to several corporations incl Amazon DistCenter, American Standard, Bridgestone Metalpha, Convergys, Fed Ex Dist, Google, Hankook, Jostens, LG, SPX Co, Trane & many more!
Property Details
Property Features
Property Information:
Year Built: 1971
Living Area: 83,458 SqFt
Listing Office:
Office Name: Bernie Gallerani Real Estate
Office Phone: (615) 438-6658
Listing Agent: Bernie Gallerani
Interior Features
Interior Information:
Flooring Type: Carpet, Other
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: Parking Lot
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: From I 24, take exit 11, MLK Pkwy West, take a Left onto Avondale Dr
Price Information
Listing Price Info
Price Summary:
List Price: $11,500,000
Price Per SqFt: $138/SqFt
Tax Information:
Annual Amount: $36,234
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Clarksville, TN.
This property is $11.1M more than the Median Sold Price and $43/SqFt less than other homes in Clarksville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2702847
Listing Office:
Office Name: Bernie Gallerani Real Estate
Office Phone: (615) 438-6658
Listing Agent: Bernie Gallerani
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 11:48:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 17, 2008
Apr 17, 2008Home Sold
$3,800,000
Nov 01, 2006
Nov 01, 2006Home Sold
$3,865,790
Jan 13, 2006
Jan 13, 2006Home Sold
$4,700,000
Mar 29, 2005
Mar 29, 2005Home Sold
$3,800,000
Aug 22, 2001
Aug 22, 2001Home Sold
$530,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$36,234
$901,440
2018
$61,757
$1,432,880
2017
$43,989
$669,480
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$57.4K
Per Month
Principal & Interest
$57.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$34.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Norman Smith Elementary School
740 Greenwood Ave
Distance between this listing and this school1.17 miles
Public District Grades PK-5
4
/10
Moore Magnet Elementary School
1350 Madison St
Distance between this listing and this school1.52 miles
Public Magnet Grades PK-5
5
/10
Burt Elementary School
110 Bailey St
Distance between this listing and this school2.36 miles
Public District Grades 3-5
Nearby Schools
6
/10
Richview Middle School
2350 Memorial Drive Ext
Distance between this listing and this school4.61 miles
Public District Grades 6-8
3
/10
Kenwood Middle School
241 E Pine Mountain Rd
Distance between this listing and this school5.57 miles
Public District Grades 6-8
5
/10
New Providence Middle School
146 Cunningham Ln
Distance between this listing and this school5.79 miles
Public District Grades 6-8
Nearby Schools
9
/10
Middle College @ Austin Peay State University
601 College St Bldg Marks
Distance between this listing and this school2.19 miles
Public District Grades 11-12
7
/10
Clarksville High School
151 Richview Rd
Distance between this listing and this school4.47 miles
Public District Grades 9-12
3
/10
Kenwood High School
251 E Pine Mountain Rd
Distance between this listing and this school5.65 miles
The neighbors living near this home have an average income of $47,083. The most common annual income of people living in Clarksville, TN is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1351 Avondale Dr
What is the listing price of this property?
The listing price of 1351 Avondale Dr property is $11,500,000.
What type of property is this?
The property 1351 Avondale Dr is a house located in Clarksville, Tennessee, 37040.
Is this property for sale now?
Active Listing: 1351 Avondale Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $36,234 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 17, 2008 for $3,800,000. (source: MLS/tax record).
What is the square footage of this property?
The property 1351 Avondale Dr is 83,458 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1351 Avondale Dr is 1971.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1351 Avondale Dr in Clarksville, TN and zip code 37040 in the Avondale Park Apartments neighborhood. This 83,458 square foot home was built in 1971. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $11,500,000.
In October 2024 more than 45 listings in Clarksville, TN were sold above the asking price. During the same period more than 136 listings were sold at asking price, while more than 120 were sold below. In October 2024 in Clarksville, TN there were 5.7% more homes for sale than in September 2024. Listings spent 39 days on the market in October 2024, and had a median list price of $310,125 during the same period.
From Rocket Homes Real Estate and based on county public records data.