114 Wix Ave, Portland, TN 37148
Local realty services provided by:ERA Chappell & Associates Realty & Rental
114 Wix Ave,Portland, TN 37148
$415,000
- - Beds
- - Baths
- 1,980 sq. ft.
- Multi-family
- Active
Listed by: ann blackburn
Office: real broker
MLS#:3309134
Source:NASHVILLE
Price summary
- Price:$415,000
- Price per sq. ft.:$209.6
About this home
Fully Rented - Turnkey Duplex in Portland, TN that has been meticulously maintained! 6% CAP rate.
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.
One side is currently occupied by tenants for $1500/month rent and the other side is rented for $1,300/month. 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....
Contact an agent
Home facts
- Year built:2022
- Subdivision & Development:none
- Listing ID #:3309134
- Added:20 day(s) ago
- Updated:August 17, 2026 at 02:30 PM
Rooms and interior
- Flooring:Concrete
- Living area:1,980 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- 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:$415,000
- Price per sq. ft.:$209.6
- Tax amount:$3,601
Parking
- Total parking spaces:4
- Parking description:Concrete
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