Backup offers
$2,433 Closing Credit¹
#2816857, Cindi Malone, Listing Office: Coldwell Banker Southern Realty
$175,000 List price
500 S Russell St Portland, TN 37148
$2,078
Closing credit¹
2 beds
1 full
936 sqft
0.1 acres
$187 / sqft
House
Property details
About 500 S Russell St
Calling all investors and visionaries! This classic 1940s southern cottage in Portland is brimming with potential and charm. Situated on a 0.14-acre corner lot, this rustic gem features a welcoming rocking chair front porch and a manageable yard that's perfect for low-maintenance living. The home offers 2 bedrooms and 1 full bathroom. Some updates have been made but it still needs your personal touch and TLC to bring it back to life. With the right improvements, this could be a fantastic rental property or cozy residence. Conveniently located just minutes from downtown Portland’s shopping, dining, parks, and more. Being sold as-is with no repairs- this is your chance to invest in a piece of southern charm and make it shine once again. Don’t miss out on this incredible opportunity!
Highlights
Home typeSingle Family Residence
HeatingElectric, Wall Furnace
StatusActive
CoolingElectric, Wall/Window Unit(s)
Size936 sqft
Lot size0.14 Acres
Year built1940
MLS #2823128
Summary
- Full Bathrooms: 1
- Appliances: Electric Oven, Electric Range
- Basement: No
- Flooring Type: Vinyl
- Total Bedroom Count: 2
- Attached Garage: No
- Private Pool: No
- Architectural Style: Rustic
- Heating: Electric, Wall Furnace
- Cooling: Electric, Wall/Window Unit(s)
- List Price: $175,000
- Price/SqFt: $186
- Annual Tax Amount: $556
- Tax Year: 2023
- Lot: Corner Lot, Level
- Directions: From Gallatin: Highway 109 North and go right at the intersection of Highway 109 & Highway 52. Go left at the light onto South Russell and the house will be on the right.
- Year Built: 1940
- Living Area: 936 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 2823128
- MLS Name: REALTRAC
- Office Name: Elam Real Estate
- Listing Agent: Cindy Hadfield
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 2:19:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$175,000
500 S Russell St
$2,078
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 19, 2019 | Home Sold | $25,000 |
| May 20, 2003 | Home Sold | $20,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $16,300 | $556 |
| 2022 | $16,300 | $542 |
| 2021 | $16,300 | $542 |
| 2020 | $16,300 | $738 |
| 2019 | $16,300 | $280 |
| 2018 | $7,175 | $265 |
| 2017 | $7,175 | $265 |
History based on county public records data.
Nearby schools
6
Watt Hardison Elementary School
Public District PK-5
0.8 mi
•300 Gibson St
6
J.W. Wiseman Elementary School
Public District PK-5
1.5 mi
•922 S Broadway St
6
Clyde Riggs Elementary School
Public District PK-5
2.0 mi
•211 Fountain Head Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,111. Typical income of Portland, TN residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
45%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
19%
Single, with Kids
21%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
35%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
GameStop
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Sonic
What do the neighbors drive?
Chevrolet
Buick
Jeep
What do the neighbors listen to?
Country
Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 500 S Russell St
The listing price of 500 S Russell St property is $175,000.
The property 500 S Russell St is a house located in Portland, Tennessee, 37148.
Active Listing: 500 S Russell St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 500 S Russell St are: Watt Hardison Elementary School (GreatSchools Rating 6/10), J.W. Wiseman Elementary School (GreatSchools Rating 6/10), Clyde Riggs Elementary School (GreatSchools Rating 6/10), Portland East Middle School (GreatSchools Rating 6/10), Portland West Middle School (GreatSchools Rating 7/10), Franklin-Simpson Middle School (GreatSchools Rating 5/10), Sumner County Middle Technical College High School at Portla (GreatSchools Rating 2/10), Portland High School (GreatSchools Rating 4/10), Franklin-Simpson High School West Campus (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $556 (source: MLS/based on county public records data).
The last sale was on November 19, 2019 for $25,000 (source: MLS/tax record).
The property at 500 S Russell St has 2 bedrooms and 1 bathroom.
The property 500 S Russell St is 936 SqFt (source: MLS/tax record).
The year of construction for 500 S Russell St is 1940.
This home is located at 500 S Russell St in Portland, TN and zip code 37148. This 936 square foot home, which was built in 1940, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $175,000.
In April 2025 more than 7 listings in Portland, TN were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Portland, TN increased by 2.1% between March and April 2025. In April 2025, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $340,000.
From Rocket Homes Real Estate and based on county public records data.