# 507 N 16TH STREET, Lanett, AL 36863

> **TL;DR:** 3bd/1ba single family, $90,000 ($83/sqft), built 1980, 1,090 sqft.
> A/C. Est. $390/mo. Listed 26 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $90,000 |
| Price/sqft | $83 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,090 |
| Year Built | 1980 |
| Lot Size | 463,478,400 sqft (10640.00 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 26 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $390 |
| **Total** | **$390** |

## Nearby Schools

- **Elementary:** W. O. Lance
- **Middle:** LANETT
- **High:** LANETT

## Key Amenities

- A/C

## Property Highlights

- Built in 1980
- 10640.00 acre lot

## Description

### Agent Description
Great Investment Opportunity - Tenant-Occupied & Cash Flowing! Welcome to this well-maintained income-producing property, perfect for investors! This home is tenant-occupied with reliable tenants who pay on time, providing immediate rental income from day one. The interior is very clean and well cared for, and the home features a new roof installed in 2017, adding long-term value and peace of mind. This property has a strong rental history and generates positive cash flow, making it an excellent addition to any investment portfolio. Priced to sell-don't miss this opportunity to own a solid rental property with steady income potential!

## Location

- **Address:** 507 N 16TH STREET, Lanett, AL 36863
- **County:** Chambers
- **Neighborhood:** A P LEE
- **Coordinates:** 32.879679, -85.190949
- **Google Maps:** https://www.google.com/maps?q=32.879679,-85.190949

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/bham/21452775

## Listing Agent

- **Name:** Steven Gaddis
- **Brokerage:** World Impact Real Estate
- **Phone:** 2053016310
- **Email:** stevengaddis@gaddisrealtor.com

## Primary Photo

![507 N 16TH STREET - Primary Photo](http://lh.rdcpix.com/25a8194db5900fb2e71f0fe59c78d211l-f2742181708r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/507-n-16th-street-lanett-al-36863-21452775)*

---

**MLS#:** 21452775 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/507-n-16th-street-lanett-al-36863-21452775)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "507 N 16TH STREET, Lanett, AL 36863",
  "description": "Great Investment Opportunity - Tenant-Occupied & Cash Flowing! Welcome to this well-maintained income-producing property, perfect for investors! This home is tenant-occupied with reliable tenants who pay on time, providing immediate rental income from day one. The interior is very clean and well cared for, and the home features a new roof installed in 2017, adding long-term value and peace of mind. This property has a strong rental history and generates positive cash flow, making it an excellent",
  "url": "https://www.propertysimple.com/listing/507-n-16th-street-lanett-al-36863-21452775",
  "image": "http://lh.rdcpix.com/25a8194db5900fb2e71f0fe59c78d211l-f2742181708r.jpg",
  "datePosted": "2026-06-18",
  "price": 90000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "507 N 16TH STREET",
    "addressLocality": "Lanett",
    "addressRegion": "AL",
    "postalCode": "36863",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 32.879679,
    "longitude": -85.190949
  },
  "numberOfBedrooms": 3,
  "numberOfBathroomsTotal": 1,
  "numberOfFullBathrooms": 1,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1090,
    "unitCode": "FTK"
  },
  "yearBuilt": 1980
}
```