Active · MLS#: RTC3611522
$199,900
946 Greenwood Ave
Clarksville, TN 37040
About this home
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.
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Property facts
- Bedrooms
- 4
- Bathrooms
- 2
- Square feet
- 2,200
- Lot acres
- 0.44
- Year built
- 1958
- Garage spaces
- —
- Property type
- Single Family Residence
- County
- Montgomery County, TN
Location
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Listed by Mark Spain Real Estate · MLS#: RTC3611522 · Status: Active
Listings courtesy of RealTracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 10/24/2026, 11:58:00 AM CT. 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. IDX information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID.
