Just Listed
Address
1015 11th Avenue, Phenix City, AL
Price
$ 109,500
Property Attributes
  • MLS#234200
  • TypeSingle Family
  • Listing Status Active
  • CountyRUSSELL
  • CityPhenix City
  • AreaRussell
  • NeighborhoodNo Subdivision
  • Zip36867
  • StyleTraditional,1 Story
  • Year Built1940
  • Price$ 109,500
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1112
  • Lot Size0.24 Acres
Data Source:
Columbus Georgia MLS (COGALMLS)
Property Description

Income-producing investment property currently rented for $1,195 per month. At the purchase price of $109,500, the property reflects an estimated 10.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new HVAC system installed in July 2024, a newer water heater, kitchen renovation with cabinets, sink and countertops, and new vinyl flooring in the kitchen and laundry area completed in August 2026. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1005 11th Street and 1822 6th Court. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on the seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details. Excellent opportunity for an investor looking to add a stabilized rental property with recent capital improvements to an existing portfolio. Contact listing agent for lease information, rent roll, and details regarding the three-property package.

Price History
9/15/2026 Listed $109,500

General Features

Sewer Public Sewer
Heating Electric
Cooling Central Electric
Appliances Electric Range,Other-See Remarks
Water Public
Garage Driveway
Full Baths 1
Subdivision NO SUBDIVISION
Style Traditional,1 Story
Special None
Rooms Other-See Remarks
Neighborhood Amenities Underground Utilities
Status Active
Directions From 11th st turn left on 11th ave and home will be on the right.
City PHENIX CITY

Interior Features

Interior Amenities Other-See Remarks
Basement Other-See Remarks
Master Bath None
Beds 3
Approximate Heated SqFt 1112
SqFt Source OWNER
Bedroom 3

Exterior Features

Lot Description Level
Exterior Frame
Lot Size Source Owner

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 36867

Price
AVG $270K
$110K
Year Built
AVG 1979
1940

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