Residential Land with Home for Sale in Portland, Tennessee
120 Wilkerson Ln, Portland, TN 37148
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 sqft and is a 1/1. Leases will remain in effect with purchase of property. The vacant acre east of the house is going to be retained with this sale and will attempt to rezone that vacant acre of land. 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 proeprty.
- Listed by Benjamin Patton, (615) 714-8296, Wally Gilliam Realty & Auction
Location
- Street address
- 120 Wilkerson Ln
- County
- Sumner County
- Elevation
- 859 feet
Directions
Come to America, find Tennessee, start out from Nashville and head north on i65, right on HWY 76 at White House, follow HWY 76 east through metropolitan New Deal, TN and then after the might Red River crossing, house is on the left. Or google map address
Property details
- Acreage
- 2.1 acres
- MLS #
- REALTRACS 3061671
- Posted
Property taxes
- Recent
- $740
Parcels
- 053 03900 000
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Conditions
- Owner Agent
- Possession
- Negotiable
Lot
- Dimensions
- 2
Exterior
- Parking Spaces
- 4
- Parking
- Detached
- Fencing
- Back Yard
Structure
- Basement
- Crawl Space
- Water
- Public
- Heating
- Central
- Cooling
- Central Air
- Materials
- Frame
Interior
- Flooring
- Laminate
- Appliances
- Built-In Electric Oven, Cooktop, Dryer, Electric Oven, Freezer, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
- Laundry
- Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
- Features
- High Speed Internet
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Water | Public | Available | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Clyde Riggs Elementary | Elementary | — | — |
| Liberty Creek Middle School | Middle | — | — |
| Liberty Creek High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 14, 2025 | New listing | $399,950 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Dec 14, 2025 5:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more