2608 Kennon Court #Q, Phenix City, AL 36867

Phenix City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
2608 Kennon Court #Q,Phenix City, AL 36867
$350,000
  • - Beds
  • - Baths
  • 4,232 sq. ft.
  • Multi-family
  • Active
Listed by: michael terrell
Office: keller williams realty river cities
MLS#:231089
Source:GA_CBR

Price summary

  • Price:$350,000
  • Price per sq. ft.:$82.7

About this home

Excellent opportunity to acquire a quadplex investment property in a strong rental area, featuring four 2 bedroom, 2 bathroom units with consistent tenant demand. This property offers immediate income with clear potential for increased cash flow through rent adjustments. Currently, the property is underperforming due to below-market rental rates, creating an ideal opportunity for investors looking to improve returns and build long-term equity. Current Rent Roll: Unit 1: $750/month (Section 8) – Lease through September 2026 Unit 2: $750/month (Section 8) – Lease expired February 2026 (opportunity to adjust rent) Unit 3: $780/month – Lease through May 2026 Unit 4: $675/month – Lease through June 2027 Investment Highlights: All units are 2BR/2BA with strong rental appeal Stable occupancy with immediate income in place Opportunity to increase rents to market levels Ideal for investors seeking a value-add property with upside potential Market rents for similar units in the area are...

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Home facts

  • Year built:1985
  • Listing ID #:231089
  • Added:1 day(s) ago
  • Updated:April 13, 2026 at 04:45 AM

Rooms and interior

  • Living area:4,232 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1985
  • Building area:4,232 sq. ft.
  • Lot area:0.27 Acres
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$82.7

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