114 Wix Ave, Portland, TN 37148

Portland
Local realty services provided by:ERA Chappell & Associates Realty & Rental
114 Wix Ave,Portland, TN 37148
$425,000
  • - Beds
  • - Baths
  • 1,980 sq. ft.
  • Multi-family
  • Active
Listed by: ann blackburn
Office: real broker
MLS#:3137971
Source:NASHVILLE

Price summary

  • Price:$425,000
  • Price per sq. ft.:$214.65

About this home

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

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Home facts

  • Year built:2022
  • Listing ID #:3137971
  • Added:1 day(s) ago
  • Updated:March 03, 2026 at 03:27 PM

Rooms and interior

  • Flooring:Concrete
  • Living area:1,980 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:2022
  • Building area:1,980 sq. ft.
  • Construction Materials:Hardboard Siding
  • Levels:2 Story

Schools

  • High school:Portland High School
  • Middle school:Portland East Middle School
  • Elementary school:J W Wiseman Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$214.65
  • Tax amount:$3,601
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