$185,000

420 20th Avenue, Phenix City, AL 36867

4 beds |
2 baths |
1,648 sqft

Duplex
Built in 1995
10,454sqft lot
—— car garage
$112/sqft
Listed 29 days ago

Property Description

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 agent for full portfolio details.

Listing Status:: Active
Data Last Updated:: May 22, 2026 at 11:25PM
Listing Office:: Keller Williams Realty River Cities : 706-221-6900
MLS ID:: 231352

Heating: Electric

Parking: One per UnitParking spaces: 2

General: Brick

Originating MLS: Columbus BOR GA
County: Russell

Zoning: 570505222007003

Water: Public
Sewer: Public Sewer

Source: Columbus BOR GA

This listing courtesy of Keller Williams Realty River Cities

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.