About This Home

This 1-bedroom, 1-bathroom single family at 1005 11th Street in Phenix City, AL is listed for $79,500 ($102 per sqft). Built in 1940, the home offers 780 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1940
  • 0.17 acre lot

Property Details

1 story
1 full
1940

Amenities

A/C
Listing Description

Income-producing investment property currently rented for $795 per month. At the individual allocated price of $79,500, the property reflects an estimated 9.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new water heater installed in 2024, updated kitchen cabinets, sink and counter

top, sheetrock and painting, along with a newer gas space heater and additional miscellaneous upkeep. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1015 11th Avenue 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 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.

Monthly Cost Estimate

$425/mo

20% down · 6.5% · 30 years

Principal$57
Interest$345
Insurance$23

Estimates only. Actual payments may vary.

Location

1005 11th Street

Phenix City, AL 36867

No Subdivision

Property Details

Construction

Frame

Parking

Driveway

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

Electric Range

Questions & Answers

This 1-bedroom, 1-bathroom single family at 1005 11th Street is listed at $79,500 ($102/sqft). The estimated monthly payment is $425 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.17 acre lot.

This property is listed by Michael Terrell.

MT

Michael Terrell

Agent at Realty River Cities, LLC

Listed by Realty River Cities, LLC · Broker phone: (706) 221-6900 · View on Broker Site

MLS# 234196· Source: Columbus Board of Realtors (GA)· 10 days on PropertySimple

Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1005 11th Street, Phenix City, AL 36867

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