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423-244-0392
Grace Property Group/Realty ONE Group Experts
120 Wilkerson Ln, Portland, TN 37148
- $480,000
- 4
- BD
- 2
- BA
- 2,000
- SqFt
- List Price
- $480,000
- Status
- ACTIVE
- Days on Market
- 309
- Price Change
- ▲ $80,050 1776355195
- MLS#
- 3061671
- Subtype
- Residential
- Year Built
- 1900
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,000
- Lot Size
- 91,476
- Acres
- 2.10
- 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
- Interior Features
- High Speed Internet
- Taxes
- $740
- Flooring
- Laminate
- Appliances
- Electric Oven, Electric Oven, Cooktop, Trash Compactor, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- One
- Parking Features
- Detached
- Garage Spaces
- 4
- School District
- Portland High School
- Elementary School
- J W Wiseman Elementary
- Middle School
- Portland East Middle School
- High School
- Portland High School
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Listing courtesy of Wally Gilliam Realty & Auction.
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.