Phenix City Quadplex Investment
2608 Tillery Lane J building Phenix City, AL 36867
For Sale
$365,000
Pending
MULTI_FAMILY - Phenix City, AL
Lot Size0.27 Acres
Days on Market110
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
Listed By:
Michael Terrell · License #129247
(762) 207-7005
Added: Apr 11
Changed: Jul 17
Last Checked: Jul 29 at 12:06AM
MLS# E103549
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
Frequently Asked Questions
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)
