For sale Home

Listed Oct 5, 2026

$199,900 Est. $1,322/mo

946 Greenwood Avenue

  • 4

    Beds

  • 2

    Baths

  • 2,200

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

1958

Floors

1

Price per sq ft

$91

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Electric, Wall/Window Unit(s)

  • Heating

    Electric

  • Appliances

    Electric Oven, Electric Range, Refrigerator

  • Flooring

    Laminate, Tile

  • Roof

    Shingle

  • Lot Information

    Wooded

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,322 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,064
  • Property tax $200
  • Insurance $58

Includes principal, interest, taxes & insurance.

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Listing Broker

Mark Spain Real Estate

Broker Name

Mark Spain Real Estate

Agent

Mark Lewis