$399,950

120 Wilkerson Ln, Portland, TN 37148

  • 4 beds |
  • 2 baths |
  • 2,000 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon2.1acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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 sqft and is a 1/1. Leases will remain in effect with purchase of property. The vacant acre east of the house is going to be retained with this sale and will attempt to rezone that vacant acre of land. 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 proeprty.

Listing Status:
Active
Date Added:
December 14, 2025 at 03:46AM
Listing Office:
Wally Gilliam Realty & Auction : 6157148296
Listing Agent:
Benjamin Patton : 6157148296
MLS ID:
3061671
  • General: High Speed Internet
  • Appliances: Built-In Electric OvenElectric OvenCooktopTrash CompactorDryerFreezerIce MakerMicrowaveRefrigeratorWasher
  • Laundry: Electric Dryer HookupGas Dryer HookupWasher Hookup
  • Basement: Crawl Space
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Central
  • Parking: DetachedParking spaces: 4
  • General: One
  • Originating MLS: realtrac
  • County: Sumner CountyTN
  • Zoning: 053 03900 000
  • Fencing: Back Yard
  • Utilities: Water Available
  • Water: Public
  • Sewer: Other
  • Source: realtrac

This listing courtesy of Benjamin Patton, Wally Gilliam Realty & Auction

Monthly Payment

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

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Location

Schools Nearby

C

Clyde Riggs Elementary School

211 Fountain Head Rd, Portland, TN, 37148

Grades KG-5

2.33 miles away

P

Portland East Middle School

604 S Broadway St, Portland, TN, 37148

Grades 6-8

2.90 miles away

S

Sumner County Middle Technical College High School at Portla

604 S Broadway St, Portland, TN, 37148

Grades 11-12

2.99 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.

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