Motivated Seller! 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 currently vacant. Property is Section 8 approved. The property is being sold as-is — inspections welcome.
This turnkey opportunity offers a rare blend of modern construction and immediate cash flow.
Note that photos provided are from 2023 prior to leasing.
Active
Price cut: $5K (9/1)
$410,000
114 Wix Ave, Portland, TN 37148
8beds
8baths
1,980sqft
Multi Family
Built in 2022
-- sqft lot
$-- Zestimate®
$207/sqft
$-- HOA
What's special
Own entrancesWasher and dryer connections
- 54 days
- 145
- 7
Zillow last checked:
Listing updated:
Listed by:
Ann Blackburn 615-440-8179,
Real Broker 844-591-7325
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3309134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Concrete, Luxury Vinyl
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
- Finished area above ground: 1,980
Property
Parking
- Total spaces: 4
- Parking features: Concrete
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,464 Square Feet
- Dimensions: 62 x 72 M
Details
- Parcel number: 033J F 01100 000
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Hardboard Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $207/sqft
- Annual tax amount: $3,601
- Date on market: 7/27/2026
- Inclusions: Appliances
- Total actual rent: 2800
- Tenant pays: Electricity, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $410,000-1.2%$207/sqft |
Source: | ||
| 7/27/2026 | Listed for sale | $415,000$210/sqft |
Source: | ||
| 7/16/2026 | Listing removed | $415,000$210/sqft |
Source: | ||
| 5/20/2026 | Price change | $415,000-2.4%$210/sqft |
Source: | ||
| 3/2/2026 | Listed for sale | $425,000$215/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37148
Nearby schools
Schools provided by the listing agent
- Elementary: J W Wiseman Elementary
- Middle: Portland East Middle School
- High: Portland High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








