37040 Homes under $500,000

Welcome to the vibrant community of Clarksville, Tennessee, nestled in the heart of Montgomery County and proudly bearing the zip code 37040. This charming city is not only known for its rich history and warm Southern hospitality but also for its diverse real estate options, making it an ideal place for families, young professionals, and retirees alike.

Clarksville offers an impressive selection of homes under $500,000, providing an excellent opportunity for buyers to find their dream residence without breaking the bank. From cozy single-family homes to modern townhouses, the properties in this area boast a variety of architectural styles and sizes, ensuring there’s something for everyone. Many homes feature spacious yards, perfect for outdoor gatherings or simply enjoying the beautiful Tennessee weather.

Living in Clarksville means you’ll have access to a wealth of amenities, including parks, shopping centers, and a thriving dining scene that showcases local flavors. The area is also home to several highly-rated schools and recreational facilities, making it a great choice for families. For those who enjoy the outdoors, the nearby Cumberland River and surrounding nature trails offer endless opportunities for hiking, fishing, and exploring.

With its affordable housing market and strong sense of community, Clarksville, TN, 37040 is a hidden gem waiting to be discovered. Whether you’re looking to settle down or invest, this area promises a fulfilling lifestyle with plenty of charm and character. Don’t miss your chance to call Clarksville home!

Newest 37040 Homes under $500,000

$285,000

4 Beds ⋅ 2 Baths ⋅ 3612711 MLS ⋅ ACTIVE Status ⋅ 0.24 Acres ⋅ 37040 Zip Code

Historic charm meets modern comfort in this move-in-ready home within walking distance of downtown Clarksville! Updated inside in 2019, this 4-bedroom, 2-bathroom home blends timeless character with everyday convenience. Enjoy easy access to downtown dining, shopping, and entertainment, along with close proximity to Austin Peay State University. A full unfinished basement offers abundant storage and space for your hobbies or future possibilities. Whether you’re drawn to its history, updated interior, or convenient location, this home is ready for its next chapter!

25 Lawn St, Clarksville

$278,000

3 Beds ⋅ 2 Baths ⋅ 3612651 MLS ⋅ ACTIVE Status ⋅ 0.33 Acres ⋅ 37040 Zip Code

Adorable ranch home with covered front porch, concrete drive, 1 car garage & fenced back yard. Entering the home, you will notice large living room that boosts a Cathedral ceiling. Kitchen has white cabinets & stainless appliances. All bedrooms are spacious, master has bay window perfect for little reading nook. Location is prime with interstate access close by. NEW flooring, paint, fixtures & appliances.

1070 Meshaw Trl, Clarksville

$185,500

3 Beds ⋅ 1 Baths ⋅ 3612429 MLS ⋅ ACTIVE Status ⋅ 0.19 Acres ⋅ 37040 Zip Code

Welcome home to this beautifully remodeled 3-bedroom, 1-bath all-brick home! Completely updated while preserving its original charm, this home features gorgeous original hardwood floors and stylish tile throughout the newly renovated kitchen and bath. The brand-new kitchen offers a fresh, modern feel and is ready for its new owner to enjoy. Outside, you'll find a fully fenced yard, perfect for pets, entertaining, or relaxing outdoors, along with a large storage shed offering plenty of extra space. With its classic all-brick construction, beautiful hardwood floors, and extensive updates, this move-in-ready home is one you won't want to miss!

707 Forest St, Clarksville

$227,500

3 Beds ⋅ 2 Baths ⋅ 3612341 MLS ⋅ ACTIVE Status ⋅ 0.21 Acres ⋅ 37040 Zip Code

Just turn the key and everything is there to move in! Great starter home or retirement home! Split bedroom style ranch home in a great location near the interstate, great for commuting to Nashville or Fort Campbell! The living room has a tall ceiling with a ceiling fan. The galley kitchen is set up for nice atmosphere for the cook that leads to the laundry room! The dining area is spacious and open to the living room. Everything is ready to go in this home to include all appliances, even the washer and dryer! There is also a nice carport and the back yard can easily be fenced with neighboring fences. The roof is 4.5 years old, newer attic insulation, new doors and frames replaced in 2024 and the HVAC was replaced in 2020! All you have to do it make it yours!

2834 Nat Hoosier Ln, Clarksville

$210,000

3 Beds ⋅ 1 Baths ⋅ 3612120 MLS ⋅ ACTIVE Status ⋅ 0.36 Acres ⋅ 37040 Zip Code

Remodeled ranch home featuring a new metal roof, replacement insulated windows, and new siding. The interior has been completely refreshed with all new flooring, fresh paint throughout, updated plumbing, and a beautifully renovated bathroom with tile flooring. The updated kitchen offers a stylish tile backsplash and modern finishes. A spacious den provides additional living space, and the convenient laundry room adds everyday functionality. Move-in ready and thoughtfully updated, this home is ready for its new owners. Seller offering refrigerator allowance.

714 McGraw St, Clarksville

$325,000

3 Beds ⋅ 2 Baths ⋅ 3612099 MLS ⋅ ACTIVE Status ⋅ 0.19 Acres ⋅ 37040 Zip Code

Welcome to this spacious 3-bedroom, 2-bath home offering comfortable living and plenty of room to relax. The open and inviting layout provides a great flow for everyday living and entertaining, while the spacious covered deck creates the perfect outdoor retreat for morning coffee, gatherings, or enjoying the fresh air year-round. A wonderful opportunity for anyone looking for space, comfort, and outdoor living in Clarksville.

1245 Cardinal Creek Dr, Clarksville

$269,000

3 Beds ⋅ 2 Baths ⋅ 3611923 MLS ⋅ ACTIVE Status ⋅ 0.18 Acres ⋅ 37040 Zip Code

One-level home with an open-concept floor plan in a prime location just minutes from shopping, dining, and Fort Campbell! This well-maintained home offers spacious living areas designed for comfortable everyday living and effortless entertaining. The stylish kitchen features white shaker-style cabinetry, granite countertops with stainless steel appliances. The inviting living room showcases elegant tray ceilings, adding character and an airy feel to the main living space. The owner's suite is a true retreat with gorgeous double tray ceilings, abundant space, and a luxurious en-suite bath. The secondary bedrooms are generously sized and filled with natural light. Step outside to enjoy the large, fenced backyard—perfect for relaxing and entertaining. Offering the perfect combination of space, style, and convenience, this move-in-ready home is ideally located near shopping, restaurants, schools, and Fort Campbell, making it an excellent choice for commuters or anyone looking for easy access to everything the area has to offer.

188 Sambar Dr, Clarksville

$199,900

4 Beds ⋅ 2 Baths ⋅ 3611522 MLS ⋅ ACTIVE Status ⋅ 0.44 Acres ⋅ 37040 Zip Code

Under $200K with income-producing potential! This unique Clarksville property offers a great opportunity for an experienced investor or investment-minded buyer looking to build equity while generating rental income. The upper level is livable or rent-ready as-is, while still offering plenty of opportunity for future customization. It features 2 spacious bedrooms, 1 full bath, updated LVP flooring, a cozy fireplace, beautifully maintained original hardwood cabinetry, and charming vintage pink tile that adds character. New window cooling units provide added comfort. The opportunity continues downstairs with approximately 1,100 sq. ft. of basement space already equipped with electricity, water, and a bathroom. The basement needs finishing work, but offers excellent potential for additional living space or a second unit. Finish it out and explore the possibility of living in one level while renting the other, creating a multi-generational setup, or maximizing the property's income-producing potential. Outside, a large, tree-lined backyard provides privacy and plenty of room for entertaining, gardening, or relaxing. A new roof installed in 2023 adds peace of mind. Conveniently located in Clarksville with easy access to shopping, dining, schools, major roadways, and area employers. With an upper level that can be occupied or rented now and a lower level ready for improvement, this property offers a compelling combination of immediate usability, future upside, and investment potential.

946 Greenwood Ave, Clarksville

$275,000

3611500 MLS ⋅ COMING SOON / HOLD Status ⋅ 37040 Zip Code

**All-Brick Duplex | Individually Metered | Investor & Owner-Occupant Opportunity** This all-brick duplex located at 894 & 896 Locust Dr. can be added to any investment portfolio or is an ideal way to begin building one! It features individually metered water and electric, central HVAC systems manufactured in May of 2018 and fresh paint throughout. Location is conveniently located just minutes from Austin Peay University, downtown Clarksville, the Cumberland River walk, shopping, dining, and everyday conveniences. This could be an excellent opportunity for buyers looking to take advantage of potential VA or FHA financing options (subject to eligibility) by living in one unit while the tenant in the other unit helps offset the mortgage payment! Unit 896 vacant and available for showings. Please do not disturb tenant in Unit 894.

896 Locust Dr, Clarksville

$315,000

3 Beds ⋅ 2 Baths ⋅ 3611482 MLS ⋅ ACTIVE Status ⋅ 0.27 Acres ⋅ 37040 Zip Code

Welcome to 1125 Cardinal Creek Dr! This well-maintained, like-new home offers comfortable one-level living on a spacious .27-acre lot - larger than most homesites in the Cardinal Creek neighborhood. Step inside to an inviting open floor plan with vaulted ceilings, durable flooring throughout the main living areas, and a fireplace that creates a welcoming focal point in the living room. The kitchen features ample cabinetry, generous counter space, and electric appliances, with the refrigerator included. The washer and dryer also remain, making this home even more move-in ready. Enjoy the convenience of a two-car garage and plenty of outdoor space to make your own. With its open layout, attractive finishes, included appliances, and larger-than-typical neighborhood lot, this Cardinal Creek home is ready for its next owner!

1125 Cardinal Creek Dr, Clarksville

$235,000

3 Beds ⋅ 2 Baths ⋅ 3611464 MLS ⋅ ACTIVE Status ⋅ 0.46 Acres ⋅ 37040 Zip Code

Selling AS-IS.!! This is a Great Investment property or Conventional Loan and Cash is ALWAYS KING..!! The Sellers have run out of time to make repairs, Nothing major, just some cosmetic. They are passing on their potential equity to a new Owner. Room to put your personal touch and make it HOME.!!

370 Welchwood Dr, Clarksville

$264,900

3 Beds ⋅ 2 Baths ⋅ 3611335 MLS ⋅ ACTIVE Status ⋅ 0.28 Acres ⋅ 37040 Zip Code

Welcome home to this charming brick ranch offering comfort, functionality, and a convenient location! Featuring 3 bedrooms and 2 full bathrooms, this home has a spacious living room with a wood-burning fireplace. The formal dining room offers flexibility to fit your needs and could easily serve as a home office, playroom, or additional living space. The kitchen features stainless steel appliances, white cabinets, and floating shelves. The primary bedroom includes an attached full bathroom. Outside, enjoy a spacious backyard with a privacy fence and patio. Conveniently located near shopping, restaurants, and Fort Campbell, this home has so much to offer. Schedule your showing today!

2678 Keyland Dr, Clarksville

Start Your Search

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.