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Tenant-Occupied Duplex
For Sale
$98,000

902 1ST Corner, Lanett, AL 36863

Multi-Family, LANETT, AL

Property Size1,307 SF
Price / SF$74.98
Days on Market208

Property Features for 902 1ST Corner

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school LANETT ELEMENTARY
Directions USE GPS
Subdivision Outside Lee Co
Standard status Active
Size 1,307 SF

Utilities

Heating system Electric (Heating)

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Vinyl
Listing Agency: MORE ROOM REALTY LLC
Listed By: BRENDA BLAKELY
Added: Mar 3 Changed: Aug 19 Last Checked: Sep 27 at 6:06AM
MLS# 179157

Copyright © 2026 Lee County Association 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 1,307-square-foot duplex was built in 1940 and contains two residential units. Each unit includes one bedroom and one full bathroom, with vinyl flooring and an individual mini-split system providing heating and cooling. Both units are currently tenant occupied, and the property is offered as-is.

The property is located in Lanett near shopping, restaurants, Kia MFG., and I85. The address is 902 1ST Corner, Lanett, Alabama 36863. Electric heating serves the building, and the existing two-unit configuration provides a straightforward residential income setup.

Key Highlights

  • Two‑unit duplex with 1,307 square feet
  • Each unit includes 1 bedroom and 1 full bathroom
  • Both units are currently tenant occupied

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 36863, AL

12,233
Population
5,421
Households
2.3
Avg Household Size
42
Median Age
10%
College-Educated
81%
High-School Grad
95.7 sq mi
ZIP Area
128
Density / Sq Mi
$45,313
Median Household Income
$29,970
Median Earnings
$739
Median Rent
$113,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom units offer a compact residential income property with separate heating and cooling in each unit.
Where is this duplex located?
The property is located at 902 1ST Corner Lanett, AL.
What is the asking price?
The asking price for this property is $98,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,307 square feet; Each unit includes 1 bedroom and 1 full bathroom; Both units are currently tenant occupied
More about this property
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