There's plenty to love in the vibrant city of Clarksville, TN. From the energetic downtown Clarksville and awe-inspiring parks to flourishing communities, it is truly a promising location for a real estate investment.
Whether you're still searching for the perfect spot or are already a landlord of several Clarksville homes, there's something for you here. Continue reading and let Platinum Realty & Management introduce you to the charming neighborhoods within Clarksville, TN.
Discover Clarksville
In 2019, Money.com ranked Clarksville as the #1 Best Place to Live in America. Located just 40 minutes northwest of Nashville, along I-24, this picturesque riverfront village is in close proximity to the Kentucky state line and the nearby Fort Campbell Military Installation.
Clarksville, TN, is a historically significant, constantly transforming city with remarkable advancements in new schools, single-family homes, and businesses. The must-see sights include the Dunbar Cave, Old Glory Distilling Co., and Liberty Park & Clarksville Marina - along with many fun outdoor activities in the downtown area.
Top Neighborhoods in Clarksville, TN: Real Estate Hotspots
Many have the opportunity to experience the best neighborhoods in Clarksville, TN, where the average home price is $325,542. They have also become prime areas for investing and are even incentivizing landlords! The city encourages them to become housing heroes and gain the benefits of participating in its Rental Assistance Program.
1. Neighborhoods with Luxury & Family Rentals
These Clarksville communities feature grand homes that are ideal for investors targeting tenants with high incomes who can afford the average rent, as well as long-term family renters seeking quality schools, privacy, and HOA amenities.
- Windermere & Savannah – They are known for upscale houses, quiet streets, and large lots. Windermere and Savannah attract high-income professionals and established families looking for executive-style rentals. Golf enthusiasts residing in Savannah will particularly appreciate Eastland Green Golf Course, a renowned local hotspot in the city.
Clarksville homes in Windermere are usually priced between $230,000 to $1.15 million, while Savannah homes go between $300,000 to $900,000. - Liberty Park – Located just south of Greenwood, Liberty Park is popular with families, first-time buyers, and military professionals seeking long-term leases. You will mainly find homes for sale that range from $250,000 to $350,000. Residents will enjoy the walking trails, the Clarksville Marina, and the King’s Run Bark Park.
- Sango – As one of the safest neighborhoods in Clarksville, this high-end area is ideal for single-family rental investors focusing on low turnover and stable renters. The average home price is $601,000, higher than the national average of $421,000.
- Wellington Fields - The neighborhood presents Clarksville residents with ample space for a large house and yard. With homes ranging from mid-$300,000 to over $500,000, Wellington Fields offers an ideal life for those looking for a family-friendly community.
2. Affordable Neighborhoods with Growth Potential
Investors who seek appreciation and strong rental yields in up-and-coming or newer neighborhoods will prefer the following Clarksville communities.
- West Creek – West Creek has rapid new developments with affordable new-build homes and strong school zones that include West Creek Elementary School. The Red River surrounds it, so most of the houses here have waterfront views. Most homes for sale in West Creek are valued at about $365,000 and are perfect for small families.
- Fields of Northmeade – This community is located near the Kentucky border with easy access to Fort Campbell. It has a rising demand among military renters and new residents. Its living spaces come in different sizes, and the sale price for the smaller ones is around $150,000.
- Farmington & Hickory Wild – These are newer subdivisions with family-oriented amenities and HOA perks. Sales for houses in Farmington range from $250,000 to $450,000, while those in Hickory Wild sell between the $200s to mid-$400s. They're suitable for investors who look for well-kept properties and increasing demand.
3. Neighborhoods with Historic & Urban Appeal
These areas will appeal best to those targeting young professionals, creatives, or short-term rental opportunities in walkable, character-rich areas with a suburban feel.
- Downtown Clarksville – This neighborhood offers historic charm, local dining options, and walking distance to Austin Peay State University. It has a strong potential for short-term rentals and multifamily development.
- Ashland Hills – Mostly built in the 1950s and 1960s, Ashland Hills homes usually range in price from $257,000 to $360,000. Many of the home styles in listings are ranch-style, although there are also some Victorian and new traditional residences from the 21st century. They often feature spacious yards, and many of them have attached garages, workshops, or sheds on the property.
- Greenwood – The neighborhood is near downtown and Red River. Listing at an average of $216,500, it is one of the oldest neighborhoods in Clarksville and is very affordable. It is a more established area with older homes and a quiet vibe and is ideal for investors interested in renovating properties or long-term leases.
- Saint Bethlehem – It holds a rich history and commercial convenience, appealing to tenants who want a mix of retail and residential access. It can be considered a city center as it's one of the most visited locations in Montgomery County. Shopping centers like The Governor’s Square Mall, and the Wilma Rudolph Blvd. dining and shopping district make Saint Bethlehem a popular choice in Clarksville, TN.
Choose the Right Clarksville Property Manager for Your Assets
After finding the ideal neighborhood that appeals to you the most, grab the opportunity to invest in some Clarksville homes and apartment complexes! With the help of capable property managers, a lot of residents will enjoy the amenities of the best neighborhoods in Clarksville, TN.
Why Property Management Matters for Investors
Investing in real estate and rental properties is no joke. In most cases, you will have to act as a jack of all trades just to run a single rental property. For example, leasing a house with three bedrooms without having any sort of plan or system can seriously damage your finances.
What's the point of landing the best neighborhoods in Clarksville, TN, when your properties there fall apart because they're not properly maintained? That is why property management companies are essential if you want to stay long in the rental property game.
Key Services Offered by Property Management Companies
Property management companies are in charge of tenant screening, maintenance, rent collection, and conflict resolution to keep rental properties running smoothly. By coordinating with trusted vendors and managing daily tasks, they help landlords save time, reduce expenses, and maintain a steady cash flow.
What to Look for in a Clarksville-Based Property Manager
First, you need to check their credibility. Do they have the proper license from the Tennessee Real Estate Commission? Next, carefully go over their payment structure, property management services, and years of managing properties in Clarksville, TN.
If everything passes, look into their reputation as a final check. Asking the property management company for references is a great place to start. You can also read client reviews from their Google Business Profile.
Investment Opportunities in Clarksville Await!
Clarksville, TN, is a great choice for real estate investors. With its mix of historic charm and thriving neighborhoods, the city offers exciting investment opportunities — from upscale suburbs to affordable developments.
Hiring a trustworthy local property management company like us at Platinum Realty & Management can make all the difference. We'll help keep your investment properties running smoothly and protect your assets. That way, you can focus on growing your real estate portfolio in one of Tennessee’s most promising markets.
Call us today for a free rental analysis!
FAQs
1. Why should I hire a property management company for my investment property in Clarksville?
Hiring a local property manager saves you time, ensures professional handling of tenants and maintenance, and helps maximize rental income—especially if you're an out-of-state investor.
2. What services do property management companies typically provide?
Most offer tenant screening, rent collection, maintenance coordination, property marketing, lease management, and regular financial reporting.
3. Can a property manager help me stay compliant with Tennessee landlord-tenant laws?
Yes, reputable property managers stay up to date on legal requirements and help ensure leases, evictions, and property standards meet all state and local regulations.
4. How do I choose the best property management company in Clarksville?
Look for companies with strong local market knowledge, solid reviews, clear fee structures, and services that match your specific investment goals.
