USAALPhenix CityNorth CreekJ-2608 Tillery Lane

J-2608 Tillery Lane, Phenix City, AL

Name: J - 2608 Tillery Lane, For Sale in Phenix City - Zoocasa
Brand: Keller Williams Realty River Cities
SKU: 231350
Price: 365000 USD

House

For Sale

Listed price in listed location currency (USD).

$365,000

1284

MLS® 231350

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 4661 sqft

Garage

Taxes

Days Active 24

Lot Size

Approx. Age 1985

Avg. Price Per Sqft $78

MLS® Number 231350

Property Address: j-2608 Tillery Lane, Phenix City, AL, 36867

Average square foot calculated using Size range provided by listing agent.

Description

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 opportunity Market rents for comparable units in the area are estimated at $1, 200–$1, 400 per unit, offering substantial upside once improvements and lease adjustments are completed. A recent comparable sale within the complex—a smaller 2BR/2BA unit—sold for $390, 000, further supporting the long-term value potential of this larger, more desirable unit mix. This property is being offered below market value to reflect current rents and condition, making it an excellent opportunity for investors ready to unlock its full potential.

MLS® Number231350

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1985

Basement

DrivewayOne per Unit

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 23, 2026List Date

$365,000List Price

Map

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