
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.
Listed By
Agency Name: Real Broker
Agency Phone: 8445917325
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 300.08 per month $0.00 Principal & Interest $300.08 Property Tax $0.00 Homeowner's Insurance
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.