420 20th Avenue, Phenix City, AL 36867

Phenix City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
420 20th Avenue,Phenix City, AL 36867
$185,000
  • - Beds
  • - Baths
  • 1,648 sq. ft.
  • Multi-family
  • Active
Listed by: michael terrell
Office: keller williams realty river cities
MLS#:231352
Source:GA_CBR

Price summary

  • Price:$185,000
  • Price per sq. ft.:$112.26

About this home

Investor Opportunity – Duplex with Section 8 Income, Rent Upside & Portfolio Expansion Potential | $185,000 Well-maintained duplex offering immediate cash flow with a combination of government-backed income and significant rental upside. This property is ideal for investors seeking stability today with the opportunity to increase returns over time. Unit A is currently rented at $600/month through the Section 8 program, with a lease in place through September 2026, providing reliable and consistent income. This unit also features an HVAC system replaced in 2024, reducing near-term maintenance concerns. Unit B is rented at $575/month with a lease in place through April 2026, offering additional income with an earlier opportunity to adjust rents to market levels. Total current rental income: $1,175/month Both units are currently well below market rent, with projected rental rates estimated in the $850–$950/month range per unit, creating a strong value-add opportunity for investors...

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Home facts

  • Year built:1995
  • Listing ID #:231352
  • Added:46 day(s) ago
  • Updated:June 08, 2026 at 02:58 PM

Rooms and interior

  • Living area:1,648 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1995
  • Building area:1,648 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Level
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$185,000
  • Price per sq. ft.:$112.26

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