Phenix City, AL Multifamily Properties for Sale

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Columbus, GA Alma, GA Hinesville, GA Smiths Station, AL Pembroke, GA Fort Mitchell, AL Cataula, GA Salem, AL

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Updated: Jul 10

Income Duplex with Two Leases

420 20th Avenue, Phenix City, AL 36867

$170,000

1,648 sqft 0.24 AC lot

Brick duplex built in 1995 with electric heating, public water, and public sewer
Unit A rented at $600/mo via Section 8 with lease in place through September 2026
Unit B rented at $575/mo with lease in place through April 2026
Total current rental income is $1,175/mo from both units
HVAC system replaced in 2024 for Unit A

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This listing looks promising.

Here's a quick look at some key insights for

420 20th Avenue, Phenix City, AL 36867

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$14K
Annual
Price @ 7% Cap

$201K
Above asking

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Updated: Jun 5

Renovated Two-Unit Duplex

1501 18th Avenue, Phenix City, AL 36867

$249,900

1,976 sqft 0.58 AC lot

Completely renovated duplex with 2 bedrooms and 2 bathrooms in each unit
New kitchen updates per unit: all‑new cabinets, counters, and stainless steel appliances
Each unit includes a living room and dining area, plus new washer and dryer
New Heating and AC systems in each unit, along with a new water heater
No‑carpet flooring: laminate throughout; features walk‑in closets

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Phenix City Duplex: Investment Opportunity

1001 18TH Avenue, Phenix City, AL 36867

$219,900

1,674 sqft 0.35 AC lot

Updated duplex in Phenix City with strong cash flow.

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Tiny Home Development Opportunity

Massey Drive, Phenix City, AL 36869

$3,200,000

10,000 sqft

20 tiny homes with expansion potential near Highway 80.

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Rented Duplex Income Property

2200 13th Avenue, Phenix City, AL 36867

$170,000

1,485 sqft 0.23 AC lot

Well-maintained duplex with separate leased units and a roof installed in 2022 in Phenix City.

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12-Unit Multifamily Property

4125 Sanford Rd, Phenix City, AL 36869

$450,000

9,084 sqft 2.74 AC lot

12-unit multifamily with 6 occupied units and 6 vacancies across multiple buildings on 2.74 acres.

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Phenix City Multifamily Investment Opportunity

2113 Summerville Road, Phenix City, AL 36867

$249,000

3,588 sqft

Multifamily property near downtown Phenix City with income potential.

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Phenix City Duplex Investment Opportunity

1001 18TH Avenue, Phenix City, AL 36867

$219,900

1,674 sqft

Updated duplex in Phenix City with strong cash flow potential.

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Duplex with HVAC Replacement

420 20th Ave, Phenix City, AL 36867

$170,000

0.24 AC lot

Two-unit duplex with Section 8 rent and active leases, including a 2024 HVAC replacement for one unit.

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Leased Duplex with New Roof

2200 13th Ave, Phenix City, AL 36867

$170,000

0.23 AC lot

Two-unit duplex in Phenix City with long-term leases and a roof replacement completed in 2022.

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Phenix City Multifamily Property

2576 Lee Road, Phenix City, AL 36870

$1,425,000

Multifamily property for sale in Phenix City, Alabama.

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Phenix City Quadplex Investment Opportunity

2608 Tillery Lane J building, Phenix City, AL 36867

$365,000

0.27 AC lot

Value-add quadplex with strong rental demand and income potential.

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Phenix City Duplexes For Sale

2316 Summerville Rd, Phenix City, AL 36867

$585,000

Three duplexes in Phenix City, Alabama, built in 2007-2008.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Phenix City, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Victorian Multi-Family Property

715 Broadway, Columbus, GA 31901

$795,000

3,915 sqft 0.15 AC lot

Circa 1890s Victorian in Columbus' Historic District.

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Two-Bedroom Multifamily Building

507 22nd Street, Columbus, GA 31904

$550,000

6,420 sqft 0.27 AC lot

Multifamily property with individually metered units, tenant parking, and a laundry room.

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Brick Duplex with Two 2BR Units

1540 11th Avenue, Columbus, GA 31901

$205,000

1,397 sqft 0.20 AC lot

Brick duplex with two 2BR/1BA units, offering efficient layouts that support straightforward management.

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Columbus Duplex Investment Opportunity

4001 3rd Avenue, Columbus, GA 31904

$95,000

1,664 sqft 0.17 AC lot

Income-producing duplex near downtown Columbus and Fort Benning.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Waverly Hall

Lakeshore Drive lot: 21F, Waverly Hall, GA 31831

Contact for pricing

0.22 AC lot

0.22 acre residential lot in Melody Lakes subdivision.

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Greenville, GA Building Lot

Branch Hebron Road, Greenville, GA 30222

$73,000

10.72 AC lot

Private 10.72 acre building lot near Greenville and LaGrange.

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Private Building Lot in Greenville

Branch Hebron Road, Greenville, GA 30022

$76,000

10.72 AC lot

Residential land suitable for manufactured/mobile homes near Greenville and LaGrange.

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Versatile Land on US 431

4052 US 431, Eufaula, AL 36072

$199,900

8.97 AC lot

9+/- acre property with high visibility on US 431.

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Off-Market Properties in Phenix City, AL

Consider similar Off-Market properties in Phenix City, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

522 Fontaine Rd, Phenix City, AL 36869-7567

Value Estimation by Request

7,874 sqft 0.47 AC lot

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APARTMENT HOUSE (5+ UNITS)

Kennon Ct, Phenix City, AL 36867

Value Estimation by Request

4,232 sqft 0.26 AC lot

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APARTMENT HOUSE (5+ UNITS)

1618 7th Ave, Phenix City, AL 36867-4991

Value Estimation by Request

1,520 sqft 0.15 AC lot

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APARTMENT HOUSE (5+ UNITS)

Windsweep Ct Ws, Phenix City, AL 36870

$1,720,000

Estimated value

43,056 sqft 4.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

2403 Tillery Ln, Phenix City, AL 36867-2979

Value Estimation by Request

4,616 sqft 0.30 AC lot

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APARTMENT HOUSE (5+ UNITS)

501 16th N Ave, Phenix City, AL 36869-6871

Value Estimation by Request

8,888 sqft 10.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

13th Ave, Phenix City, AL 36867

Value Estimation by Request

2,724 sqft 6.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

700 22nd Ave, Phenix City, AL 36869-5352

Value Estimation by Request

6,232 sqft 10.00 AC lot

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Multifamily properties

3742 Opelika Rd, Phenix City, AL 36870

Value Estimation by Request

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Multifamily properties

and US 80 Massey Dr, Phenix City, AL 36869

Value Estimation by Request

27.00 AC lot

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Multifamily properties

3738 Opelika Rd, Phenix City, AL 36870

Value Estimation by Request

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Phenix City, AL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Phenix City, AL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 31,129 square feet of properties for sale, with an estimated market value of $4,928,700.

Sale prices for multifamily properties in Phenix City, AL start at $170,000, averaging $616,087, and reaching up to $3,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 63K

Population Growth (5Y) -3.3%

Median Household Income $55,119

College Educated 22.7%

High-Yield Neighborhoods for Investment

Identify Phenix City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
36867	$260.9K
36870	$1.4M
36869	$3.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Russell County

New Delisted

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Phenix City, AL Multifamily Properties for Sale

420 20th Avenue, Phenix City, AL 36867

1501 18th Avenue, Phenix City, AL 36867

1001 18TH Avenue, Phenix City, AL 36867

Massey Drive, Phenix City, AL 36869

2200 13th Avenue, Phenix City, AL 36867

4125 Sanford Rd, Phenix City, AL 36869

2113 Summerville Road, Phenix City, AL 36867

1001 18TH Avenue, Phenix City, AL 36867

420 20th Ave, Phenix City, AL 36867

2200 13th Ave, Phenix City, AL 36867

2576 Lee Road, Phenix City, AL 36870

2608 Tillery Lane J building, Phenix City, AL 36867

2316 Summerville Rd, Phenix City, AL 36867

Opportunities in Nearby Cities

715 Broadway, Columbus, GA 31901

507 22nd Street, Columbus, GA 31904

1540 11th Avenue, Columbus, GA 31901

4001 3rd Avenue, Columbus, GA 31904

Potential Development Sites for Consideration

Lakeshore Drive lot: 21F, Waverly Hall, GA 31831

Branch Hebron Road, Greenville, GA 30222

Branch Hebron Road, Greenville, GA 30022

4052 US 431, Eufaula, AL 36072

Off-Market Properties in Phenix City, AL

522 Fontaine Rd, Phenix City, AL 36869-7567

Kennon Ct, Phenix City, AL 36867

1618 7th Ave, Phenix City, AL 36867-4991

Windsweep Ct Ws, Phenix City, AL 36870

2403 Tillery Ln, Phenix City, AL 36867-2979

501 16th N Ave, Phenix City, AL 36869-6871

13th Ave, Phenix City, AL 36867

700 22nd Ave, Phenix City, AL 36869-5352

3742 Opelika Rd, Phenix City, AL 36870

and US 80 Massey Dr, Phenix City, AL 36869

3738 Opelika Rd, Phenix City, AL 36870

Phenix City, AL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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