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  • Price increase: $80.1K (4/16)
    $480,000

    120 Wilkerson Ln, Portland, TN 37148

    4beds
    2,000sqft
    : 
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    Single Family Residence, Residential
    Built in 1900
    2.1 Acres Lot
    $-- Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Two living dwellingsTwo stories
    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. . 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.
    213 days
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    329
    |
    11
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    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#: 3061671MLS Logo

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      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

        DateEventPrice
        4/16/2026Price change$480,000+20%$240/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3061671 Report a problem
        12/14/2025Listed for sale$399,950-3.6%$200/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3061671 Report a problem
        10/26/2025Listing removed$415,000$208/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2797681 Report a problem
        4/15/2025Price change$415,000-3.5%$208/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2797681 Report a problem
        4/7/2025Price change$430,000-2.3%$215/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2797681 Report a problem
        3/1/2025Listed for sale$440,000+151.4%$220/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2797681 Report a problem
        11/2/2021Sold$175,000$88/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37148

        Getting around

        7 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        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.

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