2601 Althea Street, Tuskegee Institute, AL 36088
Local realty services provided by:CENTURY 21 Premier Real Estate
2601 Althea Street,Tuskegee, AL 36088
$120,000
- 3 Beds
- 1 Baths
- 1,122 sq. ft.
- Single family
- Active
Listed by: michael gay
Office: re/max professional partners
MLS#:180759
Source:AL_LCAR
Price summary
- Price:$120,000
- Price per sq. ft.:$106.95
About this home
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 comes with something investors love but rarely find: a consistent 17-year rental history. This isn't a property with hypothetical numbers or "potential." It has a proven track record of producing income.
The home has generated $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, a new sump pump in the basement, and kitchen appliances that are approximately three years old. 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 to help offset expenses.
Conveniently located near Tuskegee University, downtown Tuskegee, shopping, restaurants, and everyday amenities.
Properties this close to campus with a documented 17-year rental history, proven income, and recent major 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....
Contact an agent
Home facts
- Year built:1944
- Listing ID #:180759
- Added:11 day(s) ago
- Updated:June 13, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:7
- Flooring:Ceramic Tile, Wood
- Dining Description:Separate Formal Dining Room
- Kitchen Description:Gas Cooktop, Microwave, Refrigerator, Updated Kitchen
- Basement:Yes
- Basement Description:Crawl Space
- Living area:1,122 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1944
- Building area:1,122 sq. ft.
- Lot area:0.27 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Front Porch
- Foundation Description:Crawlspace
- Levels:1 Story
Schools
- Middle school:TUSKEGEE PUBLIC ELEMENTARY
- Elementary school:TUSKEGEE PUBLIC ELEMENTARY
Utilities
- Water:Water Available
Finances and disclosures
- Price:$120,000
- Price per sq. ft.:$106.95
- Tax amount:$586
Features and amenities
- Laundry features:Dryer, Dryer Hookup, Washer
- Amenities:Ceiling Fans
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