1036 PALERMO AVE Memphis, TN $ 161,900
1036 PALERMO AVE
$ 161,900
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1036 PALERMO AVE

Memphis, TN, 38106
$ 161,900
Bedrooms3 Baths2.0 Sq 1,324

Monthly Estimate*

$ 997

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Single Family Home for sale in Memphis, TN

for $161,900 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

$ 161,900

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

10217111

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 I-240 to Norris Rd exit take Hernando Rd N left of Alice Ave then sharp right on Miss. Blvd 2nd left is Palermo.
City Memphis
DOM 0
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Interior
Living Room Separate Living 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 Level
Misc. Exterior Patio
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* Excluded Features
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Affordability Calculator

$1,085
Per Month
92%
8%
0%
Monthly Principal & Interest
$997
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
3/19/2026$161,900 Listed Price

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1036 PALERMO AVE, Memphis, TN, 38106 is a Single Family Home for sale at $161,900 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