About This Home

This 3-bedroom, 3-bathroom single family at 2802 ALTHEA Street in Tuskegee, AL is listed for $169,000 ($89 per sqft). Built in 1940, the home offers 1,890 sqft of living space on a 0.64 acres lot.

Key Features

  • Built in 1940
  • 0.64 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full
1940

Amenities

FireplaceA/C
Listing Description

Welcome to 2802 Althea Street, a turnkey investment property with immediate cash flow and a tenant already in place. This recently restored 3-bedroom, 3-bath home offers approximately 1,890 square feet on a 0.64+/- acre lot, conveniently located just 1.9 miles from Tuskegee University, one of the area's strongest drivers of rental demand.

Currently leased through May 31, 2027, the property generates $2,250 per month in rental income, allowing you to start collecting income from day one. The home is being sold fully furnished and includes major appliances, an ADT security system, washer and dryer, refrigerator, microwave, and dishwasher.

The current owner covers utilities and services, including electricity, water, trash, Wi-Fi, lawn care, and pest control, making this an attractive, fully operational rental with an established tenant in place. Whether you're looking to expand your portfolio or purchase a proven income-producing property near Tuskegee University, this one checks the boxes.

Skip the renovation, skip the vacancy, and start with a property that's already performing. Run the numbers, schedule your showing, and bring your offer before another investor adds this one to their portfolio.

Monthly Cost Estimate

$904/mo

20% down · 6.5% · 30 years

Principal$122
Interest$732
Insurance$49

Estimates only. Actual payments may vary.

Location

2802 ALTHEA Street

Tuskegee, AL 36088

BULLS

Features & Amenities

Interior Features

Washer/Dryer Connection

Property Details

Flooring

Wood

Cooling

Window Unit(s)

Appliances

DryerRefrigeratorWasher

Questions & Answers

This 3-bedroom, 3-bathroom single family at 2802 ALTHEA Street is listed at $169,000 ($89/sqft). The estimated monthly payment is $904 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.64 acre lot, 2 stories, Fireplace. Interior Features: Washer/Dryer Connection.

This property is listed by MICHAEL GAY and can be reached at 3344446342.

MG

MICHAEL GAY

Agent at RE/MAX Professional Partners

(334) 444-6342
Agent website

Listed by RE/MAX Professional Partners · Broker phone: (334) 826-7111 · View on Broker Site · Broker website

MLS# 181714· Source: Lee County Association of Realtors· 57 days on PropertySimple

Copyright © 2026 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2802 ALTHEA Street, Tuskegee, AL 36088

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