267 Smithson Ln, Clarksville, TN

$725,000

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  • 4,612

    Square feet

Description of 267 Smithson Ln, Clarksville - MLS# 3137039

Quadplex in Flint Ridge with an assumable VA loan at a 2.706% fixed interest rate. This is a rare opportunity to acquire an income-producing multi-family property with below-market financing already in place. The existing first mortgage of approximately $399,000 is eligible for VA loan assumption by a qualified buyer with sufficient VA entitlement. A discounted second note is also part of the transaction structure, creating additional value for the right buyer. Sellers are motivated and will consider reasonable offers. The property features four two-story townhome-style units, each with 2 bedrooms and 2.5 bathrooms. Total living area is 4,612 square feet on a half-acre lot zoned R-4 Multi-Family Residential. Construction includes common brick exterior, composition shingle roofing, slab-on-grade foundation, and individual HVAC split systems in each unit. The 2026 county appraised value is $807,900. 3 units rented and a 4th almost signed up, Gross monthly rental income is $4,698 with upside potential at lease renewals. The interest rate differential between the assumable loan and current market rates represents significant monthly savings, making this property cash-flow positive under the assumed financing structure. At prevailing market rates, this same property would not generate positive cash flow, which underscores the value of the assumption. Buyer must qualify for VA loan assumption

Features of 267 Smithson Ln of 267 Smithson Ln

MLS® # 3137039
Price $725,000
Bathrooms 0.00
Square Footage 4,612
Acres 0.00
Year Built 2021
Type Residential Income
Status Active
New Construction No

Community Information : Clarksville

Address 267 Smithson Ln
Subdivision Flint Ridge
City Clarksville
County Montgomery County, TN
State TN
Zip Code 37040

Amenities of 267 Smithson Ln

Amenities Sidewalks
Utilities Water Available
Parking Spaces 10
Garages Concrete, Shared Driveway
Is Waterfront No
Has Pool No

Interior of 267 Smithson Ln

Heating Central, Heat Pump
Cooling Ceiling Fan(s), Central Air
Fireplace No
# of Stories 2

Exterior of 267 Smithson Ln

Roof Asphalt
Construction Brick, Vinyl Siding

School Information of 267 Smithson Ln

Elementary Glenellen Elementary
Middle Kenwood Middle School
High Kirkwood High

Additional Information On 267 Smithson Ln

Date Listed August 1st, 2026
Days on Market 158
Zoning R-4
Foreclosure No
Short Sale No

Listing Details of 267 Smithson Ln

OfficeKeller Williams Realty Clarksville

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 267 Smithson Ln

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