Phenix City Quadplex Investment
2608 Tillery Lane J building, Phenix City, AL 36867
- Added:
- Apr 11, 2026
- Days on Market:
- 41
- Last Refresh:
- May 21 at 3:06 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
Listing agent Michael Terrell License #129247 (762) 207-7005
Listing office Keller Williams Realty River C 3703 18th Ave, Columbus, AL (334) 298-3900
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
- Value‑add opportunity with significant upside potential through renovation and rent adjustments to achieve market rents ($1,200-$1,400/unit).
- Four spacious 3BR/2BA units, a highly desirable unit mix.
- Below‑market listing price offering an attractive entry point for investors.
- Single‑story construction, resulting in lower maintenance costs.
- Immediate income from existing tenants, including a Section 8 tenant with a lease through January 2027.
- Located in a strong rental area, ensuring consistent tenant demand.
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
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Phenix City
- County
- Lee
- State
- Alabama
- Longitude
- -85.026824
- Latitude
- 32.4850236
Nearby Similar for Sale
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: Value‑add opportunity with significant upside potential through renovation and rent adjustments to achieve market rents ($1,200-$1,400/unit).; Four spacious 3BR/2BA units, a highly desirable unit mix.; Below‑market listing price offering an attractive entry point for investors.
