Duplex with Section 8
For Sale
$170,000
420 20th Ave Phenix, Phenix City, AL 36867
1995-built two-unit property with central air, available utilities, and one residence under a Section 8 lease.
Property SizeContact for details
Days on Market192
Property Features for 420 20th Ave Phenix
General Information
Standard status
Active
Property subtype
Duplex
Financials
Asking Price
$185,000
Gross Income
$14,100
Additional Details
Multifamily Units
2
Amenities
Central
Central Air
Ceiling Fan(s)
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Shingle
Building Details
Year Built
1995
Listing Agency:
Realty River Cities III
Listed By:
Michael Terrell · License #AL
(762) 207-7005
Source:
Kw
Added: Apr 13
Changed: Oct 21
Last Checked: Oct 21 at 12:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty River Cities III
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Investment Insights
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This duplex contains two leased residences and was built in 1995. Unit A is supported by a Section 8 lease extending through September 2026, while Unit B has a lease running through April 2026. The property includes central heating and air conditioning, ceiling fans, and available water, sewer, electricity, phone, and cable services.
Unit A received an HVAC replacement in 2024. The property is located at 420 20th Ave in Phenix City, Alabama, with both residences currently under lease. The combination of established tenancy, government-assisted leasing in one unit, and updated HVAC equipment provides a clearly defined operating profile for a duplex buyer.
Unit A received an HVAC replacement in 2024. The property is located at 420 20th Ave in Phenix City, Alabama, with both residences currently under lease. The combination of established tenancy, government-assisted leasing in one unit, and updated HVAC equipment provides a clearly defined operating profile for a duplex buyer.
Key Highlights
- Section 8 lease in Unit A extends through September 2026
- Unit B lease runs through April 2026
- HVAC system in Unit A was replaced in 2024
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
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Business Placement
Demographics for 36867, AL
22,505
Population
10,782
Households
2.1
Avg Household Size
37
Median Age
28%
College-Educated
90%
High-School Grad
12.6 sq mi
ZIP Area
1,786
Density / Sq Mi
$46,847
Median Household Income
$36,035
Median Earnings
$963
Median Rent
$188,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Duplex - 1995-built two-unit property with central air, available utilities, and one residence under a Section 8 lease.
Where is this duplex located?
The property is located at 420 20th Ave Phenix Phenix City, AL.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Section 8 lease in Unit A extends through September 2026; Unit B lease runs through April 2026; HVAC system in Unit A was replaced in 2024
