Portland TN Multi Family for Sale

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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

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.

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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 $178,500. This is lower 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 $178,500. 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 37148 has a population of 12,258. Portland 37148 is more family-centric than the surrounding county with 33.66% 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 37148 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 37148 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.

Portland Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    218
    30-day change

Portland Schools and Demographics

Education near Portland, TN

Metric City County
High School Graduates 82.75 89.6
College Degree - 2 year 9.82 8.05
College Degree - 4 year 10.44 26.54
Graduate Degree 3.06 6.46
Expenditures per Student 7,656 7,728
Students per Teacher 14.9 14.9

Elementary Schools near Portland, TN

School Grades Students P/T Ratio ZIP
Beech Elementary School PK - 05 612 15.7 37075
Benny C Bills Elementary School PK - 05 705 13.1 37066
Bethpage Elementary School KG - 05 282 11.8 37022
Clyde Riggs Elementary School KG - 05 236 12.4 37148
Guild Elementary School PK - 05 675 14.7 37066
Harold B Williams Elementary School PK - 05 662 14.6 37188
Howard Elementary School PK - 05 521 14.5 37066
Indian Lake Elementary School KG - 05 555 15.9 37075
J W Wiseman Elementary School PK - 06 431 13.1 37148
Jack Anderson Elementary School PK - 05 707 16.8 37075
Knox DOSS Middle School At Drakes Creek PK - 08 678 18.3 37075
Madison Creek Elementary School PK - 05 740 13.7 37072
Nannie Berry Elementary School PK - 05 606 16.4 37075
North Sumner Elementary School PK - 05 235 13.1 37022
Oakmont Elementary School KG - 05 138 13.8 37048
Portland Gateview Elementary School PK - 05 563 13.1 37148
Station Camp Elementary School PK - 05 1,048 16.1 37066
Union Elementary School PK - 05 528 17.6 37066
Vena Stuart Elementary School PK - 05 706 13.6 37066
Watt Hardison Elementary School KG - 05 489 14 37148

Middle Schools near Portland, TN

School Grades Students P/T Ratio ZIP
Joe Shafer Middle School 06 - 08 656 14.9 37066
Portland East Middle School 06 - 08 359 12.4 37148
Portland West Middle School 06 - 08 528 14.3 37148
Robert E Ellis Middle School 06 - 08 602 14.9 37075
Rucker Stewart Middle School 06 - 08 742 15.1 37066
Station Camp Middle School 06 - 08 759 16.9 37066
T W Hunter Middle School 06 - 09 696 13.7 37075
V G Hawkins Middle School 06 - 08 491 13.6 37075
Westmoreland Middle School 06 - 08 405 14 37186
White House Middle School 05 - 08 799 15.1 37188

High Schools near Portland, TN

School Grades Students P/T Ratio ZIP
Beech Senior High School 09 - 12 1,274 15 37075
E B Wilson 09 - 12 53 17.7 37066
Gallatin Senior High School 08 - 12 1,498 15.8 37066
Hendersonville High School 09 - 12 1,522 15.5 37075
Portland High School 09 - 12 1,135 15.8 37148
Station Camp High School 09 - 12 1,549 17.8 37066
Sumner County Middle College High School 11 - 12 47 47 37066
Westmoreland High School 09 - 12 515 12 37186
White House High School 09 - 12 891 15.9 37188

Ungraded Schools near Portland, TN

School Grades Students P/T Ratio ZIP
Merrol Hyde Magnet School KG - 12 670 15.6 37075
R T Fisher Alternative School KG - 12 100 5 37066

Demographics near Portland, TN 37148

Metric Zip Code City
Neighborhood Type Suburban
Population 12,258 175,730
Population Density 919 332
Median Age 33.1 39.6
People per Household 2.9 2.7
Median Household Income 48,449 61,584
Average Income per Capita 21,150 30,669