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Listed price in listed location currency (USD).
$120,000

310

MLS® 180759

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 1122 sqft
Garage 
Taxes $586
Days Active 0
Lot Size 
Approx. Age 1944
Avg. Price Per Sqft $106
MLS® Number 180759

Property Address: 2601 Althea St, Tuskegee Institute, AL, 36088-2801

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

Description

Welcome to 2601 Althea Street, an investment opportunity that actually makes sense. Located minutes from Tuskegee University, this updated 3-bedroom, 1-bath home sits in one of the strongest rental markets in Macon County. Tuskegee University continues to drive housing demand year after year, making this an excellent opportunity for investors, parents of students, or anyone looking for reliable rental income. The property has a proven rental history, generating $650 per bedroom, or approximately $1, 950 per month in gross rental income. That's actual rental history, not wishful thinking and creative spreadsheet math. Major updates have already been completed, including a newer HVAC system, approximately one year old, and a new sump pump in the basement. Translation: fewer surprise expenses and fewer maintenance headaches. Inside, you'll find an updated kitchen with a gas cooktop, washer and dryer connections, and a practical layout that works well for student housing, faculty housing, or traditional long-term tenants. Parents of Tuskegee University students should take note. Instead of paying rent for the next four years, consider owning the property and renting the additional bedrooms to other students. Conveniently located near Tuskegee University, downtown Tuskegee, shopping, restaurants, and everyday amenities. Properties this close to campus with documented rental income and recent mechanical updates are becoming harder to find. Whether you're looking to add a cash-flowing rental to your portfolio or secure housing near campus, this one deserves a look. Run the numbers, schedule a showing, and bring your offer before someone else beats you to it.
MLS® Number180759
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1944
BasementCrawl Space
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 7, 2026List Date
$120,000List Price
  • Commute

Commute

Starting Address
Destination Address
2601 Althea St, Tuskegee Institute, AL

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