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267 Smithson LnClarksville, TN 37040

Flint Ridge · Montgomery County

$725,000List price
4,612Sq Ft
2021Year built
2Stories
12 weeks agoOn market

Description

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,

Property Information

Property type
Residential Income
Sub-type
Quadruplex
Structure type
Quadruplex
Year built
2021
Stories
2
Living area
4,612 Sq Ft
Lot dimensions
85
Parking spaces
10
Zoning
R-4
Days on market
84
MLS® Listing#
3137039

Property Features

Cooling
Ceiling Fan(s) · Central Air
Heating
Central · Heat Pump
Parking
Concrete · Shared Driveway
Laundry
Electric Dryer Hookup · Washer Hookup
Construction
Brick · Vinyl Siding
Roof
Asphalt
Community
Sidewalks
Utilities
Water Available
Sewer
Public Sewer
Water source
Public

Schools

Elementary
Glenellen Elementary
Middle
Kenwood Middle School
High
Kirkwood High

Financial Details

HOA
None
Annual taxes
$9,630
Parcel number
063041A F 03600 00006041

Directions

right off 101st airborn across from the neighborhood walmart.

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Listing Courtesy: Keller Williams Realty Clarksville - 7075922777

Based on information submitted to the MLS GRID as of 2026-02-26T00:00:00.000Z . 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.

Last Updated: 2026-02-26T00:00:00.000Z

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