Portland TN Multi Family for Sale
$2,499,000
208 College St Portland, TN 37148
- Type:
- Cluster
- Sq.Ft.:
- 3,640
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1994
- Baths:
- MLS#:
- 2689382
- Subdivision:
- Unknown
ADDITIONAL INFORMATION
Add this 15 unit apartment complex to your investment portfolio. Located inside the city limits of Portland, TN. A walkable distance to shopping, restaurants and places of worship. This property measures 4 +/- acres, 769' of road frontage on 3 city streets, 4 buildings with 15 total units. The purchase includes a previously approved vacant area for a Quadruplex. Units are occupied!! Please DO NOT DISTURB the tenants. Showings will be during the Inspection Period of the agreed Purchase & Sale Agreement. Pictures of a vacant unit is included in the media section. Owner pays water, pest control and lawn care. Monthly Rental Rates go into effect November 1, 2024
$400,000
111 Hwy 52e Portland, TN 37148
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 2642232
- Subdivision:
- Eastgate Center Sub-
ADDITIONAL INFORMATION
Prime location with opportunity for multi-family use. Plans for a 9 unit townhome project. TDEC NOC obtained. TDOT driveway permit has been obtained. Site approval package included with sale.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Portland Real Estate
The median home value in Portland, TN is $335,500. This is higher than the county median home value of $246,400. The national median home value is $219,700. The average price of homes sold in Portland, TN is $335,500. Approximately 61.65% of Portland homes are owned, compared to 29.32% rented, while 9.03% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Tennessee has a population of 12,258. Portland is less family-centric than the surrounding county with 31.8% of the households containing married families with children. The county average for households married with children is 33.28%.
The median household income in Portland, Tennessee is $48,449. The median household income for the surrounding county is $61,584 compared to the national median of $57,652. The median age of people living in Portland is 33.1 years.
Portland Weather
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 51.5 inches per year, with 2.6 inches of snow per year.