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.
For sale
$109,500
1015 11th Ave, Phenix City, AL 36867
3beds
1,112sqft
Single Family Residence
Built in 1940
10,454 Square Feet Lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
Newer water heater
- 7 days
- 171
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Terrell PHONE,
KW Realty River Cities
Source: East Alabama BOR,MLS#: E104804
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven
- Laundry: Electric Dryer Hookup
Features
- Other, Attic
- Flooring: Carpet, Luxury Vinyl
- Windows: None
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,112
- Total interior livable area: 1,112 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Private Yard
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 10,454 Square Feet
- Dimensions: 70 x 210
- Features: Front Yard
Details
- Additional structures: None
- Parcel number: 05051501104067000
- Special conditions: Standard,None
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Lap Siding
- Roof: Shingle
Condition
- Resale
- Year built: 1940
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available
Green energy
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
HOA
- Has HOA: No
Location
- Region: Phenix City
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $61,300
- Annual tax amount: $723
- Date on market: 9/3/2026
- Cumulative days on market: 8 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $109,500-4.8%$98/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $115,000$103/sqft |
Source: | ||
| 3/31/2026 | Price change | $115,000+5%$103/sqft |
Source: | ||
| 2/19/2025 | Listed for sale | $109,500$98/sqft |
Source: | ||
| 2/12/2025 | Contingent | $109,500$98/sqft |
Source: | ||
| 1/13/2025 | Listed for sale | $109,500+7.9%$98/sqft |
Source: | ||
| 7/13/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/30/2024 | Listed for rent | $1,195$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/24/2023 | Listed for rent | $1,195+9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/22/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/15/2022 | Listed for rent | $1,095$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/5/2022 | Listing removed | -- |
Source: | ||
| 4/5/2022 | Listed for sale | $101,500$91/sqft |
Source: | ||
| 10/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/7/2021 | Listed for rent | $1,095$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $723 +5.3% | $12,260 +5.3% |
| 2024 | $687 +12.4% | $11,640 +12.4% |
| 2023 | $611 +13.6% | $10,360 +13.6% |
| 2022 | $538 +5.1% | $9,120 +5.1% |
| 2021 | $512 +8% | $8,680 +8% |
| 2019 | $474 -0.7% | $8,040 -0.7% |
| 2017 | $478 | $8,100 |
| 2016 | $478 | $8,100 +3.3% |
| 2015 | $478 +3.1% | $7,845 |
| 2014 | $464 -21.1% | $7,845 |
| 2011 | $588 | -- |
| 2010 | $588 | -- |
Find assessor info on the county website
Monthly payment
Est. payment







