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New
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$425,000

For Sale

7 hours ago

MLS® 3137971

0 Bed

0 Bath

1980 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1980 sqft
Garage No
Taxes $3,601
Days Active 0
Lot Size 
Approx. Age 2022
Avg. Price Per Sqft $214
MLS® Number 3137971

Property Address: 114 Wix Ave, Portland, TN, 37148

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number3137971
Laundry LevelIndividual, Electric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2022
Basement
DrivewayConcrete
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Appliances

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$425,000List Price
Apr 30, 2024End Date
-Sold Price

Leased

Mar 4, 2024List Date
$1,500List Price
Sep 5, 2023End Date
-Sold Price

Leased

Jul 17, 2023List Date
$1,500List Price
  • Commute

Commute

Starting Address
Destination Address
114 Wix Ave, Portland, TN

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