Property photo 1
4 Beds
2 Baths
1,485 sqft

$170,000

2200 13th Avenue, Phenix City AL, 36867

Price per sqft$114.48
Built in1988
Property size1,485 sqft
Property typeMulti-family
Courtesy of Michael Terrell with Keller Williams Realty River Cities

Overview

Pending

Listed Apr 23, 2026

Updated 8h ago

Investor Opportunity – Income-Producing Duplex with Rent Upside | $170,000 Well-maintained duplex offering immediate rental income with attractive future upside. Unit A is currently rented at $750 per month with a lease in place through January 2027. Unit B is rented at $660 per month with a lease in place through November 2026, providing total current rental income of $1,410 per month. Based on estimated property taxes of approximately $150 per month and insurance of approximately $95 per month, the property generates an estimated NOI of $13,980 annually, representing an approximate 8.2% cap rate at the current $170,000 asking price before consideration of maintenance, vacancy, management, reserves or other investor-specific expenses. Potential combined rents of approximately $1,700 per month would increase annual gross rental income to $20,400 and produce an estimated NOI of approximately $17,460 using the same tax and insurance assumptions—representing a potential cap rate of approximately 10.3%. A new roof was installed in 2022, helping reduce near-term capital improvement needs. Property Highlights: Asking price: $170,000 Current rental income: $1,410/month Unit A: $750/month – leased through January 2027 Unit B: $660/month – leased through November 2026 Estimated current cap rate: 8.2% Potential combined rent: approximately $1,700/month Potential cap rate at $1,700/month: approximately 10.3% New roof installed in 2022 Established rental income with future rent-growth potential Property may be purchased individually or in conjunction with additional investment properties available from the same seller, providing an opportunity for investors seeking to expand their rental portfolio. Contact listing agent for additional property and portfolio information. Do not disturb tenants.

$1,131/mo

Est. mortgage payment based on a $170,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
231353

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Also listed on East Alabama Board of REALTORS®

MLS provider logo

Listed by Michael Terrell with Keller Williams Realty River Cities 762-207-7005

Based on information from  Columbus Board of REALTORS® (CBR) as of 10/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026  Columbus Board of REALTORS® (CBR). All rights reserved.

Data last updated 2:04 PM UTC, 10/30/2026

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