120 Wilkerson Ln

Active

Portland, TN 37148

4
Bedrooms
2
Bathrooms
2,000.00
Sq Ft
2.1000
Acres
Updated 25 minutes ago MLS #: 3061671 Listed 1 day ago

$399,950.00

Est. Monthly: $1,930.33
$200
Per Sq Ft

About This Property

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 sqft and is a 1/1. Leases will remain in effect with purchase of property. The vacant acre east of the house is going to be retained with this sale and will attempt to rezone that vacant acre of land. 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 proeprty.

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
Clyde Riggs Elementary
6-8
Middle School
Liberty Creek Middle School
9-12
High School
Liberty Creek 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 2025-12-14T09:35:22+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
227
Active Listings
$384,312.35
Avg Price
1,716
Avg Sq Ft
3.0
Avg Bedrooms

NA

Neighborhood statistics

Explore NA
16
Active Listings
$443,646.63
Avg Price
2,166
Avg Sq Ft
2.7
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3061671

Currently active listing

5 hours ago • Dec 14, 2025

1 days on market

$399,950.00