1604 Auburn Road, Phenix City, AL 36867

Phenix City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
1604 Auburn Road,Phenix City, AL 36867
$125,000
  • 2 Beds
  • 1 Baths
  • 952 sq. ft.
  • Single family
  • Active
Listed by: michael terrell
Office: keller williams realty river cities
MLS#:234201
Source:GA_CBR

Price summary

  • Price:$125,000
  • Price per sq. ft.:$131.3

About this home

Income-producing property located along Auburn Road with current rental income of $850 per month. The property is being offered at $125,000 and provides an opportunity for an investor seeking current income with potential long-term upside tied to the Auburn Road location. Based on seller-provided income and expense assumptions, the projected cap rate is approximately 6.0% at the current asking price. Recent improvements include five replacement windows installed in 2026. The property is currently used as a residential rental but offers additional long-term potential due to its location along a heavily traveled commercial corridor. This property may appeal to investors seeking rental income today while considering future owner-user or commercial possibilities. Buyer should independently verify zoning, permitted uses, measurements, and any intended future use with the City of Phenix City. Seller also owns additional residential investment properties that are being marketed separately as...

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Home facts

  • Year built:1950
  • Subdivision & Development:NO SUBDIVISION
  • Listing ID #:234201
  • Added:6 day(s) ago
  • Updated:September 21, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Breakfast Room, Electric Range
  • Basement Description:Slab/No
  • Living area:952 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric

Structure and exterior

  • Year built:1950
  • Building area:952 sq. ft.
  • Lot area:0.34 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$131.3

Parking

  • Parking description:Driveway

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