LKV Realty
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$800,000
$4,400Reward *
5 Black Jack Way, Clarksville, TN 37040Listing ID 3243026

5 Black Jack Way, Clarksville, TN 37040

Active
Oak Arbor
Time on site: 65 daysLast updated: 2 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Square Feet
Square Feet
5,829
Days on Site
Days on Site
53
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
2009
Stories
Stories
2

Seize a premier investment opportunity in the heart of Clarksville with this meticulously maintained 6 unit townhouse complex. Big ticket items have already been crossed off your worry list. A brand new roof was installed in 2022, providing a crisp look and solid protection for years to come. Two HVAC units have recently been replaced with new HVAC systems, one in 2023 and the most recent in 2026. Located on a prominent corner lot within the established Oak Arbor subdivision, 5 Blackjack Way offers a robust addition to any portfolio, boasting a reported NOI of $59,400 and a design centered on long term tenant appeal. Built in 2009, this 5,829 square foot multi family property consists of six townhome style units, each offering approximately 950 to 1,000 square feet of living space. The interiors are designed for durability and comfort, featuring a practical mix of carpet, tile, and vinyl flooring. Every unit comes fully equipped with a comprehensive appliance package including a refrigerator, oven/range, microwave, and dishwasher along with the added convenience of an in unit washer and dryer. Residents also benefit from private, attached outdoor storage, a highly sought-after feature that sets this property apart. The location is a major driver for consistent occupancy. Situated with easy access to both Exits 1 and 4, the property is positioned near major employment hubs and local staples, including Fort Campbell and Austin Peay State University. A wealth of shopping and dining options are just minutes away, ensuring the area remains a top choice for those seeking a well connected lifestyle. With ample parking on site and a turn key infrastructure, this property is primed for the investor looking for stability and performance in one of Tennessee’s most dynamic markets. Schedule a showing to explore the potential of this exceptional multi family asset.

Property Information

Property Details

Location

Address
5 Black Jack Way
County
Montgomery County, TN
City
Clarksville
Zip Code
37040
Subdivision
Oak Arbor
High School
Kenwood High School
Elementary School
Glenellen Elementary

Interior Features

Other Rooms

Laundry Features
Individual, Electric Dryer Hookup, Washer Hookup

Building

Building Information

Square Feet
5,829
Year Built
2009
Stories
2
Construction
Brick, Vinyl Siding

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$9,909
Compass RE dba Compass Clarksville, (931) 552-7070

Market Report for 37040

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Realtracs
Realtracs logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 05:04 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC37903