1036 PALERMO AVE Memphis, TN $ 160,000
1036 PALERMO AVE
$ 160,000
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1036 PALERMO AVE

Memphis, TN, 38106
$ 160,000
Bedrooms3 Baths2.0 Sq 1,324

Monthly Estimate*

$ 985

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Single Family Home for sale in Memphis, TN

for $160,000 with 3 bedrooms and 2 full baths. This 1,324 square foot home was built in 1924 on a lot size of 0.16.

Fully renovated and move-in ready, newly updated, offering a fresh start with extensive updates throughout. Buyers will appreciate the clean, modern finishes and the feeling of essentially "like-new" living inside an established setting. With nearly everything updated inside and outside, this property offers the rare opportunity to own a dramatically improved home without the wait or uncertainty of a renovation project. A must-see for buyers seeking style, substance, and a true turnkey opportunity. New roof, new flooring, new HVAC will be install prior to inspection, new electrical, new plumbing, etc..

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Single Family Active

Price

$ 160,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,056

Style

Traditional

Lot Size

0.16

Year Built

1924

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10222743

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name HERNANDO TERRACE BLK C
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747E South Memphis/61 Hwy
Parcel Number 034069 00030
Sale/Rent For Sale
Status Detail 0
Year Built 1924
Directions From Downtown Memphis or West Memphis take I-55 South to I-240 East. Exit at Norris Rd take Hernando Rd north turn left on Alice Ave then bear right onto Mississippi Blvd. Turn left on Palermo Ave. H
City Memphis
DOM 1
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Interior
Living Room Great Room
Beds 3
Total Baths 2
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 12
Lot Size Area 0.16
Lot Size 50X140
Lot Description Other (See Remarks)
Misc. Exterior Covered Patio
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* Excluded Features
List By
Bhhs Taliesyn Realty

Broker

Affordability Calculator

$1,073
Per Month
92%
8%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$88
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$160,000 Listed Price

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1036 PALERMO AVE, Memphis, TN, 38106 is a Single Family Home for sale at $160,000 with 1,324 sqft and a lot size of 0.16. 1036 PALERMO AVE has 3 bedrooms, 2.0 baths, and was built in 1924. The property's zip code is 38106 which is in Memphis, TN