405 College St, Portland, TN 37148

Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
405 College St,Portland, TN 37148
$900,000
  • 9.08 Acres
  • Lots / Land
  • Active
Listed by: john york | the locals group
Office: lpt realty llc.
MLS#:3047895
Source:NASHVILLE

Price summary

  • Price:$900,000

About this home

Prime Portland, TN Investment Opportunity — 9+ Acres | Approved for 18 Duplexes | $900,000 Introducing a rare development opportunity in the heart of Downtown Portland, Tennessee—over 9 level, cleared acres across two combined lots, already approved for an 18-duplex build. At just $50,000 per lot, this is one of the most competitively priced multifamily development sites in Middle Tennessee. 403 COLLEGE STREET TAX MAP 033A, GROUP A PARCEL PARCEL 005.01 Why Investors & Builders Will Love It • 18-Duplex Build Approved Engineering and concept approval already in place—dramatically reducing your timeline to break ground. • Level & Cleared Land No major clearing costs. The topography is ideal for efficient construction, maximizing your ROI. • Immediate Income Stream The property includes an existing home currently rented for $2,000/month, providing turnkey income from day one. • Flexible Development Options Keep the rental income while you design your project, or move forward with

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Home facts

  • Listing ID #:3047895
  • Added:52 day(s) ago
  • Updated:January 10, 2026 at 03:27 PM

Structure and exterior

  • Lot area:9.08 Acres

Schools

  • High school:Portland High School
  • Middle school:Portland West Middle School
  • Elementary school:Portland Gateview Elementary School

Finances and disclosures

  • Price:$900,000
  • Tax amount:$3,035
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