Description

Investor Opportunity – Duplex with Section 8 Income, Rent Upside & Portfolio Expansion Potential | $185,000 Well-maintained duplex offering immediate cash flow with a combination of government-backed income and significant rental upside. This property is ideal for investors seeking stability today with the opportunity to increase returns over time. Unit A is currently rented at $600/month through the Section 8 program, with a lease in place through September 2026, providing reliable and consistent income. This unit also features an HVAC system replaced in 2024, reducing near-term maintenance concerns. Unit B is rented at $575/month with a lease in place through April 2026, offering additional income with an earlier opportunity to adjust rents to market levels. Total current rental income: $1,175/month Both units are currently well below market rent, with projected rental rates estimated in the $850–$950/month range per unit, creating a strong value-add opportunity for investors looking to increase cash flow. Highlights: Total current rental income of $1,175/month Section 8 income in place (Unit A) Lease terms through April & September 2026 HVAC replaced in 2024 (Unit A) Significant below-market rents with upside potential Stable, income-producing investment This property can be purchased individually or as part of a larger portfolio, including multiple duplexes and quadplexes—ideal for investors looking to scale quickly with income-producing assets. Contact agent for full portfolio details.

Property Details

Property Type

Residential Income

Subtype

Duplex

Bedrooms

4

Bathrooms

2

Living Area

1,648 sq ft

Lot Size

0.24 acres

Year Built

1995

City

Phenix City

Subdivision

No Subdivision

County

Russell

Parking

One per Unit

Heating

Electric

List Date

April 10, 2026

MLS Area

Alabama-01

Parcel #

570505222007003

Location