Land with Home for Sale in Portland, Tennessee
120 Wilkerson Ln, Portland, TN 37148
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.
- 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
- Size Source
- Assessor
- 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 |
|---|---|---|
| Water | Public | Available |
Nearby schools
| Name | Type |
|---|---|
| J W Wiseman Elementary | Elementary |
| Portland East Middle School | Middle |
| Portland High School | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 16, 2026 | Price increase | $480,000 | $80,050 20% | REALTRACS |
| Dec 14, 2025 | New listing | $399,950 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of May 16, 2026 9:00 pm 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