1015 11th Avenue, Phenix City, AL 36867

• 3 beds |
• 1 bath |
• 1,112 sqft

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.

Listing Status:

Active

Data Last Updated:

October 5, 2026 at 9:25PM

Listing Office:

Keller Williams Realty River Cities : 706-221-6900

MLS ID:

234200

Interior

• General: Other-See Remarks
• Master Bath: None
• Appliances: Electric RangeOther-See Remarks
• Basement: Other-See Remarks
• A/C: Central Electric
• Heating: Electric

Exterior

• Style: Traditional
• Parking: Driveway

Construction

• General: FrameOne

Location

• Originating MLS: Columbus BOR GA
• County: Russell

Lot

• Zoning: 0505151104067

Utilities

• Utilities: Underground Utilities
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Columbus BOR GA