$200,000

1826 Palmyra Rd, Palmyra, TN 37142

  • 3 beds |
  • 1 bath |
  • 1,080 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon2.93acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $185/sqft
  • Property List Date Icon Listed 8 days ago

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.

Listing Status:
Active
Date Added:
September 23, 2025 at 05:00AM
Listing Office:
Crye-Leike, Inc., REALTORS : 9318018556
Listing Agent:
David D Greene : 9318018556
MLS ID:
3000987
  • Appliances: OvenRangeDishwasherRefrigerator
  • Basement: Crawl Space
  • Flooring: Vinyl
  • A/C: Central Air
  • Heating: Central

This listing courtesy of David D Greene, Crye-Leike, Inc., REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cumberland Heights Elementary School

2093 Ussery Rd S, Clarksville, TN, 37040

Grades PK-5

2.51 miles away

M

Montgomery Central Middle School

3941 Highway 48, Cunningham, TN, 37052

Grades 6-8

4.71 miles away

M

Montgomery Central High School

3955 Highway 48, Cunningham, TN, 37052

Grades 9-12

4.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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