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267 Smithson Ln

Clarksville, TN 37040
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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,

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Detail Ic Property Details

Property Type : Residential Income

Price : $725,000

AD Id : 75707753

MLS Id : RTC3137039

Living Area Size : 4,612

Year Built : 2021

County : Montgomery County

Subdivision: Flint Ridge

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Feature Features

  • Interior Features

    Roof: Asphalt Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup

    Roofing Information

    Asphalt
  • Flooring Information

    Flooring: Luxury Vinyl Construction Materials: Brick, Vinyl Siding
  • Heating & Cooling

    Heating: Central, Heat Pump Has Heating: Yes Cooling: Ceiling Fan(s), Central Air Has Cooling: Yes WaterSource: Public

  • Building Information

    Year Built: 2021

  • Lot Information

    Lot Dimensions: 85

    Property Information

    Property Type: Residential Income Structure Type: Quadruplex

  • Listing Price Information

    Original List Price:$725000

  • Tax Information

    Annual Tax: $9630 Parcel Number: 063041A F 03600 00006041

  • School Information

    Elementary School: Glenellen Elementary Junior High School: Kenwood Middle School Senior High School: Kirkwood High
  • Utility Information

    Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: Flint Ridge City: Clarksville Direction: right off 101st airborn across from the neighborhood walmart.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8 Wofford Estates, Clarksville, TN, 37040 $579,900 4 3 2,499 2,499 SqFt
8 Wofford Estates, Clarksville, TN, 37040 $579,900 4 3 2,499 2,499 SqFt
5022 Royal View Way, Clarksville, TN, 37040 $725,000 3 5 3,050 3,050 SqFt
350 Port Royal Rd, Clarksville, TN, 37040 $420,000 4 1 2,500 2,500 SqFt
4862 Royal View Way, Clarksville, TN, 37040 $740,000 3 4 3,105 3,105 SqFt
4992 Royal View Way, Clarksville, TN, 37040 $680,900 4 4 2,920 2,920 SqFt
18 Wofford Estates, Clarksville, TN, 37040 $665,900 4 4 2,703 2,703 SqFt
2108 Chivalry Way, Clarksville, TN, 37040 $760,000 4 4 3,178 3,178 SqFt
70 Wofford Estates, Clarksville, TN, 37040 $584,900 4 3 2,240 2,240 SqFt
4863 Royal View Way, Clarksville, TN, 37040 $805,000 4 5 3,247 3,247 SqFt
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ByOwner last updated this listing 06/29/2026 @ 18:20

MLS: REALTRAC #3137039 LISTED BY: James Church, Keller Williams Realty Clarksville 931-648-8500 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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