120 Wilkerson Ln

Portland, TN 37148

MLS# RTC3061671

$480,000
2,000 sq ft
4 Bedrooms
2 Bathrooms

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.
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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.

Details

  • MLS#: 3061671
  • County: Sumner County, TN
  • Stories: 2.00
  • Full Baths: 2
  • Bedrooms: 4
  • Built: 1900 / Approximate
  • Lot Size: 2.100 ac

Utilities

  • Water: Public
  • Sewer: Other
  • Cooling: Central Air
  • Heating: Central

Public Schools

  • Elementary: J W Wiseman Elementary
  • Middle/Junior: Portland East Middle School
  • High: Portland High School

Property Information

  • Constr: Frame
  • Floors: Laminate
  • Garage: 4 spaces / detached
  • Parking Total: 4
  • Basement: Crawl Space
  • Fence: Back Yard
  • Waterfront: No
  • Taxes: $740

Appliances / Misc.

  • Fireplaces: No
  • Drapes: Remain

Features

  • Built-In Electric Oven
  • Electric Oven
  • Cooktop
  • Trash Compactor
  • Dryer
  • Freezer
  • Ice Maker
  • Microwave
  • Refrigerator
  • Washer
  • High Speed Internet

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

Listing Agency

Wally Gilliam Realty & Auction

Agent: Benjamin Patton

Information is Believed To Be Accurate But Not Guaranteed. Copyright 2026 RealTracs Solutions. All rights reserved.

RCW Realty Company

(615) 406-7221

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