1826 Palmyra Rd, Palmyra, Tennessee 37142
TN, Palmyra-
Active Status
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31 Dayz On Cribz Total Days
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Residential Property Type
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3 Beds Total Bedrooms
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1 Baths Full + Half Bathrooms
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1080 Total Sqft $185/sqft
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1961 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
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Fantastic investment opportunity in Palmyra! This property at 1826 Palmyra Rd., Palmyra, TN 37142 offers nearly 3 acres of land with a 1,080 sq. ft. home featuring 3 bedrooms and 1 bath. The home is full of potential—whether you choose to renovate and modernize, expand for additional bedrooms and baths, or start fresh with your own design.
A complete renovation without adding square footage could potentially net $250 per square foot, pushing the after-repair value to $300,000 or more. For investors, the options don’t stop there—consider subdividing the land for an additional home, adding a garage, or developing a shop house. The acreage provides flexibility for multiple exit strategies, making this a versatile investment.
The location also boosts long-term value. With quick access to downtown Clarksville, Austin Peay State University, the Cumberland River, and Kentucky Lake, the area offers strong appeal for both rental and resale markets.
Whether your focus is fix-and-flip, rental portfolio growth, or redevelopment, this property delivers the kind of potential investors look for. Opportunities like this move quickly—don’t wait to explore the upside here.
- Property Type: Residential
- Listing Type: For Sale
- MLS #: 3000987
- Price: $200,000
- Full Bathrooms: 1
- Square Footage: 1,080 Sqft
- Year Built: 1961
- Lot Area: 2.93 Acre
- Office Name: Crye-Leike, Inc., REALTORS
- Agent Name: David D Greene
- Property Sub Type: Single Family Residence
- Listing Status: Active
- Street Number: 1826
- Street: Palmyra Rd
- City Palmyra
- State TN
- Zipcode 37142
- County Montgomery County, TN
- Subdivision None
- Directions: From the intersection of Highway 48/13 and Highway 149, take Highway 149 W. to hematite Road on the left, take Paynne Road to the right property will be on the left at red gate
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Heating System Central
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Cooling System Central Air
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Basement Crawl Space
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Utilities Water Available
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Flooring Vinyl
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Sewer Septic Tank
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Dishwasher
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Range
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Refrigerator
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Oven
- Elementary School: Cumberland Heights Elementary
- Middle School: Montgomery Central Middle
- High School: Montgomery Central High
- Water Source: Private
- Building Size: 1,080 Sqft
- Construction Materials: Vinyl Siding
- Levels: One
- On Market Date: September 23rd, 2025
- Previous Price: $200,000
- Stories: 1
- Annual Tax Amount: $935
- Mls Status: Active
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Sep 23rd, 2025 @ 9:17pm
- Status Change Timestamp: Sep 23rd, 2025 @ 8:54pm
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