1604 Auburn Road, Phenix City, AL 36867

• 2 beds |
• 1 bath |
• 952 sqft

Property Description

Income-producing property located along Auburn Road with current rental income of $850 per month. The property is being offered at $125,000 and provides an opportunity for an investor seeking current income with potential long-term upside tied to the Auburn Road location. Based on seller-provided income and expense assumptions, the projected cap rate is approximately 6.0% at the current asking price. Recent improvements include five replacement windows installed in 2026. The property is currently used as a residential rental but offers additional long-term potential due to its location along a heavily traveled commercial corridor. This property may appeal to investors seeking rental income today while considering future owner-user or commercial possibilities. Buyer should independently verify zoning, permitted uses, measurements, and any intended future use with the City of Phenix City. Seller also owns additional residential investment properties that are being marketed separately as a three-property package. Contact listing agent for lease information, rent roll, and additional portfolio details.

Listing Status:

Active

Data Last Updated:

October 5, 2026 at 8:25PM

Listing Office:

Keller Williams Realty River Cities : 706-221-6900

MLS ID:

234201

Interior

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

Exterior

• Style: Traditional
• Parking: Driveway

Construction

• General: FrameOneSlab/No

Location

• Originating MLS: Columbus BOR GA
• County: Russell

Lot

• Zoning: 0502093004010

Utilities

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

Financial

• Source: Columbus BOR GA