There is no space for your buyer to live. This property is 100% rented, unless your buyer lives in the one bed/bath airbnb. This is an investment property with two income streams, one being a long term tenancy of $1850 and an Airbnb short term rental averaging an additional $1,250/ month YTD 2025. Owner is the agent and vice versa and operated since 2022. The long term tenancy is the house that is roughly 1400 square feet, 4/2 with two stories, and the short term rental is detached from the house and is roughly 600 sq. ft. and is a 1/1. Leases will remain in effect with purchase of property ending May, 2027. A vacant acre that has the soils for a 2 bathroom build comes with the sale of this listing. I have wanted to change this to Commercial, but haven't taken the time. Please contact agent at 615.714.8296 Please, under no circumstances should you approach or contact the tenants onsite.
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In conclusion- Roughly 2,000 NRSF totaling 3 bathrooms, 5 bedrooms, garages and two living dwellings that generate an average income per month of $3,000. Seller does not guarantee anything and suggests buyers and agents clarify all pertinent assumptions regarding this property.
Active
$480,000
120 Wilkerson Ln, Portland, TN 37148
4beds
2,000sqft
Single Family Residence, Residential
Built in 1900
2.1 Acres Lot
$-- Zestimate®
$240/sqft
$-- HOA
What's special
Two living dwellingsTwo stories
- 265 days
- 316
- 15
Zillow last checked:
Listing updated:
Listed by:
Benjamin Patton 615-714-8296,
Wally Gilliam Realty & Auction 615-325-4597
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3061671
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Built-In Electric Oven, Electric Oven, Cooktop, Trash Compactor, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Features
- High Speed Internet
- Flooring: Laminate
- Basement: Crawl Space
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 2,000
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 4
Features
- Levels: One
- Stories: 2
- Fencing: Back Yard
Lot
- Size: 2.1 Acres
- Dimensions: 2
Details
- Parcel number: 053 03900 000
- Special conditions: Owner Agent
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Other
- Water: Public
- Utilities for property: Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $208,300
- Annual tax amount: $740
- Date on market: 12/13/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Price change | $480,000+20%$240/sqft |
Source: | ||
| 12/14/2025 | Listed for sale | $399,950-3.6%$200/sqft |
Source: | ||
| 10/26/2025 | Listing removed | $415,000$208/sqft |
Source: | ||
| 4/15/2025 | Price change | $415,000-3.5%$208/sqft |
Source: | ||
| 4/7/2025 | Price change | $430,000-2.3%$215/sqft |
Source: | ||
| 3/1/2025 | Listed for sale | $440,000+151.4%$220/sqft |
Source: | ||
| 11/2/2021 | Sold | $175,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $740 | $52,075 |
| 2024 | $740 +0.7% | $52,075 +59.6% |
| 2023 | $735 -0.4% | $32,625 -75% |
| 2022 | $738 +0% | $130,500 |
| 2021 | $738 | $130,500 |
| 2020 | $738 | $130,500 |
| 2019 | $738 +26.6% | $130,500 +39.9% |
| 2018 | $583 | $93,300 |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2011 | $567 +32.2% | $21,231 |
| 2010 | $429 | $21,231 |
| 2009 | $429 | $21,231 |
| 2008 | -- | $21,231 +10.8% |
| 2007 | $437 | $19,163 |
| 2006 | $437 -2.7% | $19,163 +10.6% |
| 2005 | $449 | $17,334 |
| 2004 | $449 | $17,334 |
| 2002 | $449 | $17,334 +24.8% |
| 2001 | -- | $13,884 -75% |
| 2000 | -- | $55,537 |
Find assessor info on the county website
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.




