
120 Wilkerson Ln, Portland, TN 37148
NA · Sumner County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1900
Stories
2
Living Area
2,000 sq ft
Lot Size
2.10 acres
Lot Dimensions
2
Garage Spaces
4
Parking Spaces
4
Days on Market
123
MLS® Listing#
3061671
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Fencing
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- J W Wiseman Elementary
- Middle:
- Portland East Middle School
- High:
- Portland High School
Financial Details
HOA
None
Annual Taxes
$740
Parcel Number
053 03900 000
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
Affordability Calculator
$96,000
Estimated monthly payment
$2,555/mo
Principal $384,000 · Est. interest $535,714 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Portland, TN
- $386,567
- Median Listing Price
- 53
- Median Days on Market
- 1,810
- Median Sq Ft
- $236
- Median Price / Sq Ft
- 136
- Active Listings
- This home’s price is 24% above the area median.
- Its price per sq ft is 2% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Portland, TN.
Location
Points of Interest in Portland, TN
Showing the Portland area map.
Nearby Schools
J.W. Wiseman Elementary School
Elementary · 2.2 mi away
Clyde Riggs Elementary School
Elementary · 2.3 mi away
Highland Academy
School · 2.3 mi away
Highland Elementary School
Secondary · 2.5 mi away
Oakmont Elementary School
Elementary · 2.7 mi away
Portland East Middle School
Secondary · 2.9 mi away
Sumner County Middle Technical College High School
Secondary School · 2.9 mi away
Portland Gateview Elementary School
Elementary · 3.2 mi away
Portland High School
Secondary · 3.3 mi away
Portland Montessori Academy
Elementary · 3.5 mi away
Portland West Middle School
Secondary · 3.6 mi away
Watt Hardison Elementary
Elementary · 4.1 mi away
Toddler Town Preschool
School · 4.9 mi away
White House High School
Secondary · 7.9 mi away
White House Heritage Elementary School
Elementary · 8.2 mi away
Harold B. Williams Elementary School
Elementary · 8.3 mi away
Robert F Woodall Elementary
Elementary · 8.7 mi away
East Robertson Elementary School
Elementary · 9.2 mi away
East Robertson High School
Secondary · 9.4 mi away
Christian Community Schools
School · 9.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 491 White Rd, Portland, TN | $339,900 | 3 | 2 | 1,300 |
| 121 Oak Hill Dr, Portland, TN | $339,900 | 3 | 2 | 1,334 |
| 1104 Canyon Dr, Portland, TN | $341,990 | 4 | 3 | 1,929 |
| 604 Portland Blvd, Portland, TN | $345,000 | 3 | 2 | 1,242 |
| 132 Kimberly St, Portland, TN | $349,900 | 3 | 2 | 1,746 |
| 641 Airport Rd, Portland, TN | $349,900 | 3 | 2 | 1,404 |
Moving Cost Estimate
EXIT Agents in Portland
Listing Courtesy: Wally Gilliam Realty & Auction - 6157148296
Last Updated: 2025-12-13

















