115 Gayla Ct Portland, TN 37148
Estimated payment $2,190/month
Highlights
- No HOA
- Cooling Available
- Carpet
- Portland West Middle School Rated A-
- Central Heating
- Property has 1 Level
About This Home
Turnkey Duplex in Portland, TN! Fully Renovated and Income Ready!
Rare Duplex Opportunity on Gayla Court! Whether you’re an investor looking for solid cash flow or a homeowner wanting to offset your mortgage, this well-maintained duplex in the heart of Portland, TN checks every box.
Two spacious units with private entrances—ideal for rental income or multi-generational living.
Quiet cul-de-sac on Gayla Court—enjoy peace and privacy just minutes from local schools, shopping, and downtown Portland.
Live in one, rent the other—let your tenant help pay the mortgage while you build equity.
Generous lot with yard space—perfect for tenants or your own backyard lifestyle.
Strong rental demand in the area means you’re not just buying a home—you’re building long-term value.
Opportunities like this don’t come often in Portland. Whether you’re just getting started or expanding your portfolio, this duplex is a low-risk, high-reward play you won’t want to miss.
Listing Agent
Flynn Realty Brokerage Phone: 6156851041 License #303511 Listed on: 06/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,933
Year Built
- Built in 1994
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 4 Bedrooms
- 1,800 Sq Ft Home
- Property has 1 Level
- Carpet
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Gravel Driveway
Schools
- Portland Gateview Elementary School
- Portland West Middle School
- Portland High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 019M B 00700 000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Ausbrooks Subd Subdivision
Building Details
- Operating Expense $600
- Gross Income $3,000
- Net Operating Income $2,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,796 | $126,360 | $30,000 | $96,360 |
| 2023 | $2,499 | $73,240 | $19,080 | $54,160 |
| 2022 | $2,433 | $73,240 | $19,080 | $54,160 |
| 2021 | $2,433 | $73,240 | $19,080 | $54,160 |
| 2020 | $2,433 | $73,240 | $19,080 | $54,160 |
| 2019 | $3,314 | $0 | $0 | $0 |
| 2018 | $2,021 | $0 | $0 | $0 |
| 2017 | $1,917 | $0 | $0 | $0 |
| 2016 | $1,917 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $359,888 | +1.4% | $200 / Sq Ft |
| 07/13/2025 07/13/25 | Price Changed | $354,900 | +2.6% | $197 / Sq Ft |
| 07/13/2025 07/13/25 | Price Changed | $345,990 | -6.2% | $192 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $369,000 | -- | $205 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Freedle J B Jack | |
| Quit Claim Deed | -- | None Listed On Document |
Source: Realtracs
MLS Number: 2908499
APN: 019M-B-007.00
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