
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.
Status : Active
County : Montgomery County, TN
Property Type : Residential
Area : 1,080 sq. ft.
Year Built : 1961
Exterior Construction : Vinyl Siding
Floors : Vinyl
Heat : Central
HOA / Subdivision : None
Listing Provided by : Crye-Leike, Inc., REALTORS
MLS Status : Active
Listing # : RTC3000987
Schools near 1826 Palmyra Rd, Palmyra, TN 37142 :
Cumberland Heights Elementary, Montgomery Central Middle, Montgomery Central High
Heating : Yes
Lot Size Area : 2.93 Sq. Ft.
Building Area Total : 1080 Sq. Ft.
Lot Size Acres : 2.93 Acres
Living Area : 1080 Sq. Ft.
Office Phone : 9316482112
Number of Bedrooms : 3
Number of Bathrooms : 1
Full Bathrooms : 1
Possession : Negotiable
Cooling : 1
Levels : One
Basement : Crawl Space
Stories : 1
Utilities : Water Available
Sewer : Septic Tank
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
We're ready when you are.
© 2025 Listings courtesy of RealTracs, Inc. as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS. Based on information submitted to the MLS GRID as of October 22, 2025 10:00 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.