120 Wilkerson Ln

Active

Portland, TN 37148

4
Bedrooms
2
Bathrooms
2,000.00
Sq Ft
2.1000
Acres
Updated 18 minutes ago MLS #: 3061671 Listed 4 months ago

$480,000.00

Est. Monthly: $2,316.69
$240
Per Sq Ft

About This Property

There is no space for your buyer to live. This property is 100% rented, unless your buyer lives in the one bed/bath airbnb. This is an investment property with two income streams, one being a long term tenancy of $1850 and an Airbnb short term rental averaging an additional $1,250/ month YTD 2025. Owner is the agent and vice versa and operated since 2022. The long term tenancy is the house that is roughly 1400 square feet, 4/2 with two stories, and the short term rental is detached from the house and is roughly 600 sq. ft. and is a 1/1. Leases will remain in effect with purchase of property ending May, 2027. A vacant acre that has the soils for a 2 bathroom build comes with the sale of this listing. I have wanted to change this to Commercial, but haven't taken the time. Please contact agent at 615.714.8296 Please, under no circumstances should you approach or contact the tenants onsite. . In conclusion- Roughly 2,000 NRSF totaling 3 bathrooms, 5 bedrooms, garages and two living dwellings that generate an average income per month of $3,000. Seller does not guarantee anything and suggests buyers and agents clarify all pertinent assumptions regarding this property.

Location

Subdivision NA
Directions Come to America, find Tennessee, start out from Nashville and head north on i65, right on HWY 76 at White House, follow HWY 76 east through metropolitan New Deal, TN and then after the might Red River crossing, house is on the left. Or google map address

Interior Features

Interior Features High Speed Internet
Heating Central
Cooling Central Air
Flooring Laminate
Appliances Built-In Electric Oven,Electric Oven,Cooktop,Trash Compactor,Dryer,Freezer,Ice Maker,Microwave,Refrigerator,Washer
Basement Crawl Space

Exterior & Property

4 Car Garage
Stories 2
Construction Materials Frame
Fencing Back Yard
Sewer/Septic Other
Water Source Public

Schools

K-5
Elementary School
J W Wiseman Elementary
6-8
Middle School
Portland East Middle School
9-12
High School
Portland High School

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 1900
Annual Taxes $740.00
Listing Office Wally Gilliam Realty & Auction
Listing Agent Benjamin Patton
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-05-01T00:37:09+00:00. 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.

Market Insights

Explore market data for Portland and the NA neighborhood

Portland Market

City-wide statistics

Explore Portland
246
Active Listings
$360,337.47
Avg Price
1,758
Avg Sq Ft
2.9
Avg Bedrooms

NA

Neighborhood statistics

Explore NA
5
Active Listings
$357,780.00
Avg Price
1,489
Avg Sq Ft
3.2
Avg Bedrooms

Price History

Recent price changes for this property

Apr 16, 2026
Price Increase
$3,999.50 → $4,800.00
+$800.50

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3061671

Currently active listing

4 months ago • Dec 14, 2025

138 days on market

$480,000.00

Originally: $399,950.00