$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 25 days 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:
March 25, 2026 at 1:20PM
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 $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Watt Hardison Elementary School

300 Gibson St, Portland, TN, 37148

Grades PK-5

1.09 miles away

P

Portland East Middle School

604 S Broadway St, Portland, TN, 37148

Grades 6-8

0.24 miles away

P

Portland High School

600 College St, Portland, TN, 37148

Grades 9-12

1.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby