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Phenix City Quadplex Investment Opportunity

2608 Tillery Lane J building, Phenix City, AL 36867

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Picture of Quadplexes at 2608 Tillery Lane J building, Phenix City, AL

Pending

$365,000

MULTI_FAMILY - Phenix City, AL

Lot size:

0.27 Acres

HighLights

Single‑story quadplex built in 1985 with all units as 3BR/2BA
Current rents include Unit 1 at $1,000/mo (Section 8) through Jan 2027, Unit 2 at $650/mo through Nov 2026, and Unit 4 at $750/mo through Jun 2026
Unit 3 is vacant and ready for renovation (estimated ~$10K) to reposition the property
Public utilities: water from public source and sewer to public sewer
Brick construction with central heating and central air, plus ceiling fans
Parking includes a driveway; roof is shingle

We can help!

Listing Contact

Michael Terrell

Pending

$365,000

MULTI_FAMILY - Phenix City, AL

Lot size:

0.27 Acres

Added:: Apr 11, 2026
Days on Market:: 64
Last Refresh:: Jun 13 at 10:06 pm

Property Features for 2608 Tillery Lane J building

General Information

Property type: Residential Multi Family
Property subtype: Other
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: Central Air, Ceiling Fan(s)
Water source: Public

Building Details

Year built: 1985
Floors in Building: 1
Number of units: 4
Building materials: Brick
Roof type: Shingle

We can help!

Listing Contact

Michael Terrell

Listing agent Michael Terrell License #129247

Listing office Keller Williams Realty River C 3703 18th Ave, Columbus, AL

Listing date Apr 11, 2026

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.

HighLights

Single‑story quadplex built in 1985 with all units as 3BR/2BA
Current rents include Unit 1 at $1,000/mo (Section 8) through Jan 2027, Unit 2 at $650/mo through Nov 2026, and Unit 4 at $750/mo through Jun 2026
Unit 3 is vacant and ready for renovation (estimated ~$10K) to reposition the property
Public utilities: water from public source and sewer to public sewer
Brick construction with central heating and central air, plus ceiling fans
Parking includes a driveway; roof is shingle

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

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Location Insight

Map
Local Demand

City: Phenix City
County: Lee
State: Alabama
Longitude: -85.026824
Latitude: 32.4850236

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For sale
Quadplexes
AL
Phenix City
36867
2608 Tillery Lane J building

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 all units as 3BR/2BA; Current rents include Unit 1 at $1,000/mo (Section 8) through Jan 2027, Unit 2 at $650/mo through Nov 2026, and Unit 4 at $750/mo through Jun 2026; Unit 3 is vacant and ready for renovation (estimated ~$10K) to reposition the property

2608 Tillery Lane J building, Phenix City, AL 36867

MULTI_FAMILY - Phenix City, AL

Property Features for 2608 Tillery Lane J building

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Downtown Office Building with Parking

Freestanding Office Building with Porch

Move-In-Ready Office Building

Phenix City Commercial Opportunity

Freestanding Medical Office Building

Phenix City Commercial Opportunity

Freestanding Office Building with Porch

Move-In Ready Accounting Office

Phenix City Office Space

Flexible Retail Building with Salon Ready Buildout

Multi-Building Office and Retail Property

Phenix City Car Wash Opportunity

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