946 Greenwood Ave, Clarksville, TN 37040

• 4 beds |
• 2 baths |
• 2,200 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 5, 2026

Data Last Updated:

November 10, 2026 at 7:20AM

Listing Office:

Mark Spain Real Estate : 6154296300

Listing Agent:

Mark Lewis : 6154296300

MLS ID:

3611522

Interior

• Appliances: Electric OvenElectric RangeRefrigerator
• Laundry: Electric Dryer HookupWasher Hookup
• Basement: FinishedFullUnfinished
• Flooring: LaminateTile
• A/C: ElectricWall/Window Unit(s)
• Heating: Electric
• Fireplace: Living RoomFireplaceFireplaces: 1

Exterior

• Parking: DrivewayGravelPavedParking spaces: 3

Construction

• Roofing: Shingle
• General: Two

Location

• Originating MLS: realtrac
• County: Montgomery CountyTN

Lot

• Topography: Wooded
• Zoning: 063079C E 01900 00012079F
• Fencing: Partial

Utilities

• Utilities: Electricity AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: realtrac