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2608 Kennon Court Q Building, Phenix City, AL 36867

Phenix City
Local realty services provided by:CENTURY 21 Premier Real Estate
2608 Kennon Court Q Building,Phenix City, AL 36867
$350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: michael terrell
Office: keller williams realty river c
MLS#:E103553
Source:AL_PCBR

Price summary

  • Price:$350,000

About this home

Excellent opportunity to acquire a quadplex investment property in a strong rental area, featuring four 2 bedroom, 2 bathroom units with consistent tenant demand. This property offers immediate income with clear potential for increased cash flow through rent adjustments. Currently, the property is underperforming due to below-market rental rates, creating an ideal opportunity for investors looking to improve returns and build long-term equity. Current Rent Roll: Unit 1: $750/month (Section 8) – Lease through September 2026 Unit 2: $750/month (Section 8) – Lease expired February 2026 (opportunity to adjust rent) Unit 3: $780/month – Lease through May 2026 Unit 4: $675/month – Lease through June 2027 Investment Highlights: All units are 2BR/2BA with strong rental appeal Stable occupancy with immediate income in place Opportunity to increase rents to market levels Ideal for investors seeking a value-add property with upside potential Market rents for similar units...

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Home facts

  • Year built:1985
  • Listing ID #:E103553
  • Added:25 day(s) ago
  • Updated:May 08, 2026 at 07:24 AM

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1985
  • Lot area:0.27 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Brick, Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$350,000
  • Tax amount:$3,276 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Driveway

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