120 Wilkerson Ln, Portland, TN 37148

$480,000
4
BD
2
BA
2,000
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$480,000
Price Change
▲ $80,050 1776355195
Status
ACTIVE
MLS#
3061671
Bedrooms
4
Full-baths
2
Sq. Ft
2,000
Acres
2.10
Year Built
1900
Subdivision
Na

Property Description

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.

Additional Information

Price Per Sqft
$240
Days on Market
305
Stories
2
Interior Features
High Speed Internet
Appliances
Electric Oven, Electric Oven, Cooktop, Trash Compactor, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Basement
Crawl Space
Garage Spaces
4
Heating
Central
Cooling
Central Air
Sewer
Other
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Wally Gilliam Realty & Auction.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.