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… Read More 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. Read Less
Courtesy of Real Broker, Ann Blackburn, 6154408179.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
1,980
Year Built
2022
MLS Number
3137971
Additional Details
Building
Built in 2022, Year Built Details: Existing, Living area: 1980, Living area units: Square Feet, Levels: Two, Construction Materials: Hardboard Siding
Cooling
Central Air
Expenses
Operating: $6,000
Floors
Concrete, Luxury Vinyl
Heating
Central
Income
Gross Income: $3,000, Net Operating Income: $-3,000
Laundry
Individual, Electric Dryer Hookup, Washer Hookup
Lot
Dimensions: 62X72 M
Parking
4 open parking spaces, 4 total parking spaces, Concrete
Sewer
Public Sewer
Taxes
Parcel Number: 033J F 01100 000, Annual Amount: $3,601, Zoning: RES
Tenant Pays
Cable TV, Electricity, Trash Collection, Water
Utilities
Water Available, Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of Realtracs as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. Use of the MLS GRID data may be subject to an end user license agreement (EULA) prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the MLS GRID as of . 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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.