Phenix City Quadplex Investment
2608 Tillery Lane J building Phenix City, AL 36867
2608 Tillery Lane J building, Phenix City, AL, 36867
$365,000
Pending
For Sale
$365,000
Pending
MULTI_FAMILY - Phenix City, AL
Lot Size0.27 Acres
Days on Market100
Property Features for 2608 Tillery Lane J building
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking
- 2
- Parking features
- Driveway
- Standard status
- Pending
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3236
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Keller Williams Realty River C
(334) 298-3900
3703 18th Ave, Columbus, AL
Listed by
Michael Terrell · License #129247
(762) 207-7005
Added: Apr 11 Checked: Jul 19 at 2:06 am
MLS# E103549
Listing URL
Copyright © 2026 East Alabama Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-story quadplex in Phenix City, Alabama, presents an opportunity for investors. The property features four units, each with 3 bedrooms and 2 bathrooms, a layout that is attractive to tenants. Located in a strong rental area, the property is currently underperforming due to below-market rents and the need for updates, offering a value-add opportunity to increase cash flow and long-term equity. The current rent roll shows Unit 1 leased at $1,000 per month through January 2027 (Section 8), Unit 2 at $650 per month through November 2026, Unit 3 is vacant and ready for renovation (estimated ~$10K), and Unit 4 at $750 per month through June 2026. Market rents for comparable units in the area are estimated at $1,200-$1,400 per unit. The property is situated on a 0.27-acre lot. The property is being offered below market value to reflect current rents and condition.
Key Highlights
- Single‑story quadplex built in 1985 with four 3BR/2BA units
- Current rent roll: Unit 1 $1,000/mo (Section 8) through Jan 2027; Unit 2 $650/mo through Nov 2026; Unit 4 $750/mo through Jun 2026
- Unit 3 is vacant and ready for renovation (estimated $10K)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Value-add quadplex with strong rental demand and income potential.
Where is this quadplex located?
The property is located at 2608 Tillery Lane J building Phenix City, AL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Single‑story quadplex built in 1985 with four 3BR/2BA units; Current rent roll: Unit 1 $1,000/mo (Section 8) through Jan 2027; Unit 2 $650/mo through Nov 2026; Unit 4 $750/mo through Jun 2026; Unit 3 is vacant and ready for renovation (estimated $10K)
