1826 Palmyra Rd, Palmyra, TN 37142
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1826 Palmyra Rd, Palmyra, TN 37142
1826 Palmyra Rd, Palmyra, TN 37142
1826 Palmyra Rd, Palmyra, TN 37142
1826 Palmyra Rd, Palmyra, TN 37142
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CIC Tennessee

CIC Tennessee

+1(833) 242-7007
Listed by David D Greene • Crye-Leike, Inc., REALTORS
$ 200,000
Est. payment /mo
Save
Hold

1826 Palmyra Rd Palmyra, TN 37142

3 Beds

1 Bath

1,080 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Hold

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $185

MLS Listing ID 3000987

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1961

Annual Tax Amount $935

Lot Size 2.930 Acres

Acres 2.93

Property Sub-Type Single Family Residence

Property Description

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. This property is subject to court approval, and this language would need to be in any offers with an extended timeline. Also, this property will not accept any government-backed loans such as FHA, VA or USDA.

Location

State TN

County Montgomery County

Rooms

Main Level Bedrooms 3

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace N

Appliance Oven, Range, Dishwasher, Refrigerator

Exterior

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Story 1

Sewer Septic Tank

Water Private

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Cumberland Heights Elementary

Middle Schools Montgomery Central Middle

High Schools Montgomery Central High

Others

Senior Community false

Special Listing Condition Standard

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CIC Tennessee

CIC Tennessee

Broker | License ID: 231726

+1(833) 242-7007

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1826 Palmyra Rd

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