420 20th Ave, Phenix City, AL 36867
Local realty services provided by:CENTURY 21 Premier Real Estate
420 20th Ave,Phenix City, AL 36867
$185,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael terrell
Office: keller williams realty river c
MLS#:E103544
Source:AL_PCBR
Price summary
- Price:$185,000
About this home
Investor Opportunity – Duplex with Section 8 Income, Rent Upside & Portfolio Expansion Potential | $185,000
Well-maintained duplex offering immediate cash flow with a combination of government-backed income and significant rental upside. This property is ideal for investors seeking stability today with the opportunity to increase returns over time.
Unit A is currently rented at $600/month through the Section 8 program, with a lease in place through September 2026, providing reliable and consistent income. This unit also features an HVAC system replaced in 2024, reducing near-term maintenance concerns.
Unit B is rented at $575/month with a lease in place through April 2026, offering additional income with an earlier opportunity to adjust rents to market levels.
Total current rental income: $1,175/month
Both units are currently well below market rent, with projected rental rates estimated in the $850–$950/month range per unit, creating a strong value-add opportunity for investors looking to increase cash flow.
Highlights:
Total current rental income of $1,175/month
Section 8 income in place (Unit A)
Lease terms through April & September 2026
HVAC replaced in 2024 (Unit A)
Significant below-market rents with upside potential
Stable, income-producing investment
This property can be purchased individually or as part of a larger portfolio, including multiple duplexes and quadplexes—ideal for investors looking to scale quickly with income-producing assets. Contact listing agent for full portfolio details....
Contact an agent
Home facts
- Year built:1995
- Listing ID #:E103544
- Added:1 day(s) ago
- Updated:April 11, 2026 at 01:14 PM
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1995
- Lot area:0.24 Acres
- Lot Features:Corner Lot
- Construction Materials:Brick
- Levels:1 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$185,000
- Tax amount:$1,683 (2025)
Parking
- Total parking spaces:2
- Parking description:Driveway
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