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114 Wix Ave , Portland, TN 37148

call for price
  • 114 Wix Ave , Portland, TN 37148 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,980 MLS#3137971
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

114 Wix Ave | MLS# 3137971

This multi-family property located at 114 Wix Ave , Portland, TN 37148 is currently listed for sale with an asking price of call for price. Search Portland real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 62X72 M
Stories: 2.0
Taxes: $3,601
Year Built: 2022

Feature Descriptions

Exterior: Hardboard Siding
Flooring: Concrete, Luxury Vinyl
Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 62X72 M
Parcel#: 033J F 01100 000
Parking: Concrete
Parking Notes: Concrete
Sewer: Public Sewer
Units: 2
Utilities: Water Available
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Real Broker
Agency Phone: 8445917325

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 300.08 per month $0.00 Principal & Interest $300.08 Property Tax $0.00 Homeowner's Insurance

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