2608 Tillery Lane #J, Phenix City, AL 36867

Phenix City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
2608 Tillery Lane #J,Phenix City, AL 36867
$365,000
  • - Beds
  • - Baths
  • 4,661 sq. ft.
  • Multi-family
  • Active
Listed by: michael terrell
Office: keller williams realty river cities
MLS#:231350
Source:GA_CBR

Price summary

  • Price:$365,000
  • Price per sq. ft.:$78.31

About this home

Exceptional opportunity to acquire a hard-to-find single-story quadplex featuring four spacious 3 bedroom, 2 bathroom units—a product type that consistently performs well in today's rental market. Located in a strong rental area, this property offers immediate income with significant upside potential. This asset is currently underperforming due to below-market rents and needed updates, creating a prime value-add opportunity for investors looking to increase cash flow and long-term equity. Current Rent Roll: Unit 1: $1,000/month (Section 8) – Lease through January 2027 Unit 2: $650/month – Lease through November 2026 Unit 3: Vacant – Ready for renovation (estimated ~$10K) Unit 4: $750/month – Lease through June 2026 Investment Highlights: All units are 3BR/2BA – strong tenant demand and higher rent potential Single-story construction – lower maintenance and broader tenant appeal Clear path to increased rents and stabilized income Ideal for investors seeking a value-add repositioning...

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Home facts

  • Year built:1985
  • Listing ID #:231350
  • Added:1 day(s) ago
  • Updated:April 24, 2026 at 10:14 AM

Rooms and interior

  • Living area:4,661 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1985
  • Building area:4,661 sq. ft.
  • Lot area:0.27 Acres
  • Lot Features:Level
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$365,000
  • Price per sq. ft.:$78.31

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