946 Greenwood Ave
Clarksville, TN, 37040 $ 199,900
Bedrooms4 Baths2.0 Sq 2,200 Monthly Estimate*
$ 1,381
for $199,900 with 4 bedrooms and 2 full baths. This 2,200 square foot home was built in 1958 on a lot size of 0.44.
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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FeaturesGeneralLiving Area 2200
Sewer Public Sewer
Heating Electric
Cooling Electric Wall/Window Unit(s)
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Electric Oven Electric Range Refrigerator
Garage Spaces 0
Construction Materials Brick
Year Built 1958
Stories Count 1
Topography Wooded
Levels Two
Property Subtype Single Family Residence
County Montgomery County TN
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Pettus Thorpe & Shel
Garage Y/N N
Full Baths 2
Status Active
Buyer Financing Conventional Contract Seller Financing
Directions From Downtown Clarksville head south on S. Riverside Dr. (Hwy13) and turn LEFT onto Crossland Ave. Turn Right onto Greenland Ave. 946 Greenland will be on your right.
High School Clarksville High
City Clarksville
Senior Community Y/N N
Open Parking Spaces 3
Lot Size Units Acres
Elementary School Barksdale Elementary
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 1482
Middle/Junior High School Richview Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement Finished Full Unfinished
Flooring Laminate Tile
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1100
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 1100
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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ExteriorFencing Partial
Parking Features Driveway Gravel Paved
Lot Features Wooded
Water Source Public
Total Parking 3
Lot Size Area 0.44
Building Area Total 2200
Lot Size Acres 0.44
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 0
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* Excluded FeaturesList ByMark Spain Real EstateBroker
marklewis@markspain.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,381
- Monthly Property Taxes
- $124
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Clarksville, TN
Average List Price $401,791
Percent of Sale Price 101%
About Clarksville, TN 156,694 Population
53% Since 2002
$ 49,656 Median Income
32.36 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
244521 Elementary School
4313266 Middle School
Clarksville High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/5/2026 | $199,900 | | Listed Price |