1015 11th ave, Phenix City, AL 36867
1015 11th ave, Phenix City, AL 36867
1015 11th ave, Phenix City, AL 36867
3
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$109,500
Est. payment /mo
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3 Beds
1 Bath
1,112 SqFt
New

1015 11th ave Phenix City, AL 36867

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,112 sqft

Price per Sqft $98

MLS Listing ID E104804

Style Traditional

Bedrooms 3

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $723

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Single Family Residence

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.

Location

State AL

County Russell

Body of Water None

Rooms

Other Rooms None

Basement None

Main Level Bedrooms 3

Interior

Interior Features Other, Attic

Heating Central

Cooling Central Air

Flooring Carpet, Luxury Vinyl

Fireplaces Type None

Equipment None

Fireplace No

Window Features None

Appliance Electric Oven

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Private Yard

Parking Features Driveway

Fence Back Yard

Pool None

Community Features None

Utilities Available Cable Available, Electricity Available, Sewer Available

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View City

Roof Type Shingle

Street Surface Asphalt

Accessibility None

Porch Covered

Road Frontage City Street

Building

Lot Description Front Yard

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Additional Building None

Structure Type Lap Siding

Construction Status Resale

Others

Security Features None

Horse Property None

Green/Energy Cert None

Special Listing Condition Standard, None


Listed by KW Realty River Cities

Nearby Locations

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Micah Sikes

Micah Sikes

Agent License ID: 414794

+1(706) 415-6712

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1015 11th ave