$425,000

114 Wix Ave, Portland, TN 37148

  • 1,980 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $215/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Date Added:
March 2, 2026
Data Last Updated:
May 10, 2026 at 7:18AM
Listing Office:
Real Broker : 6154408179
Listing Agent:
Ann Blackburn : 6154408179
MLS ID:
3137971
  • Laundry: IndividualElectric Dryer HookupWasher Hookup
  • Flooring: ConcreteLuxury Vinyl
  • A/C: Central Air
  • Heating: Central
  • Parking: ConcreteParking spaces: 4
  • General: Two
  • Originating MLS: realtrac
  • County: Sumner CountyTN
  • Zoning: RES033J F 01100 000
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Ann Blackburn , Real Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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