114 Wix Ave

Active

Portland, TN 37148

Bedrooms
0
Bathrooms
1,980.00
Sq Ft
Acres
Updated 26 minutes ago MLS #: 3137971 Listed 1 month ago

$425,000.00

Est. Monthly: $2,051.24
$215
Per Sq Ft

About This Property

Turnkey Duplex in Portland, TN! Whether you’re an investor seeking a 7% CAP rate or a homeowner looking to live in one side and offset your mortgage with rent from the other unit, this well-maintained 2022-built duplex checks every box. Each unit features a functional layout with 2 bedrooms, 1.5 baths, and modern kitchens equipped with stainless steel appliances, including a refrigerator, stove, microwave, and dishwasher. The property is designed for efficiency with individual meters for all utilities—paid by tenants—and is connected to city water and sewer with no HOA fees. Landlord does currently pay to have the small yard maintainted. Units have washer and dryer connections, concrete parking pad and their own entrances. Please respect tenant privacy and DO NOT DISTURB TENANTS. Both sides are currently occupied by tenants who wish to remain, generating a steady **$3,000 in monthly rental income** ($1,500 per unit) through April 30, 2026. Property is Section 8 approved. The property is being sold as-is — inspections welcome. Showings are available with proof of funds and 24 hr notice. This turnkey opportunity offers a rare blend of modern construction and immediate cash flow. Note that photos provided are from 2023 prior to leasing.

Location

Subdivision none
Directions I-65 North, Exit 117, Right on Hwy 52, Cross Hwy 52/109 intersection, Right at next light on S. Russell, Right on Bennett Street, Property at end of Bennett St. on corner at Wix Avenue.

Interior Features

Heating Central
Cooling Central Air
Flooring Concrete,Luxury Vinyl

Exterior & Property

Stories 2
Construction Materials Hardboard Siding
Sewer/Septic Public Sewer
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 Income
Year Built 2022
Annual Taxes $3,601.00
Listing Office Real Broker
Listing Agent Ann Blackburn
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-15T18:37:01+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 none neighborhood

Portland Market

City-wide statistics

Explore Portland
243
Active Listings
$374,191.36
Avg Price
1,771
Avg Sq Ft
2.9
Avg Bedrooms

none

Neighborhood statistics

Explore none
55
Active Listings
$325,569.78
Avg Price
1,477
Avg Sq Ft
2.3
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3137971

Currently active listing

1 month ago • Mar 2, 2026

44 days on market

$425,000.00