114 Wix Ave Portland, TN $ 425,000
114 Wix Ave
$ 425,000
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114 Wix Ave

Portland, TN, 37148
$ 425,000
Bedrooms4 Baths4.0 Sq 1,980

Monthly Estimate*

$ 2,617

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Multi-Family Home for sale in Portland, TN

for $425,000 with 4 bedrooms and 4 full baths. This 1,980 square foot home was built in 2022.

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.

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Multi-Family Active

Price

$ 425,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,601

Style

Duplex

Year Built

2022

Town/City

Portland

County/Region

Sumner

MLS | Web ID

3137971

Features
General
Living Area 1980
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Zoning RES
Garage Spaces 0
Construction Materials Hardboard Siding
Year Built 2022
Tenant Pays Cable TV Electricity Trash Collection Water
Stories Count 2
Levels Two
Gross Income 3000
County Sumner County TN
Net Operating Income -3000
Operating Expense 6000
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name none
Garage Y/N N
Rent Includes Other
Status Active
Buyer Financing Conventional FHA
Directions I-65 North Exit 117 Right on Hwy 52 Cross Hwy 52/109 intersection Right at next light on S. Russell Right on Bennett Street Property at end of Bennett St. on corner at Wix Avenue.
High School Portland High School
City Portland
Senior Community Y/N N
Open Parking Spaces 4
Number Of Units Total 2
Lot Size Units Acres
Elementary School J W Wiseman Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 3601
Middle/Junior High School Portland East Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 3000
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Interior
Flooring Concrete Luxury Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1980
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Concrete
Water Source Public
Total Parking 4
Inclusions Appliances
Building Area Total 1980
Lot Dimensions 62X72 M
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 114
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* Excluded Features
List By
Real Broker

Broker

Ann@annblackburnhomes.com

Email

Affordability Calculator

$2,917
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$300
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
244749 Elementary School
244232 Middle School
Portland High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$425,000 Listed Price

Map


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114 Wix Ave, Portland, TN, 37148 is a Multi-Family Home for sale at $425,000 with 1,980 sqft. 114 Wix Ave has 4 bedrooms, 4.0 baths, and was built in 2022. The property's zip code is 37148 which is in Portland, TN