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$ 180,000
Est. payment | /mo
4 Beds
2 Baths
1,768 SqFt
$ 180,000
Est. payment | /mo
4 Beds
2 Baths
1,768 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $101
Subdivision No Subdivision
MLS Listing ID 231355
Bedrooms 4
Year Built 1980
Lot Size 0.260 Acres
Property Sub-Type Duplex
Property Description
Investor Opportunity – Duplex with Stable Income & Portfolio Expansion Potential | $180,000 Well-maintained duplex offering immediate cash flow with long-term stability. This property is ideal for investors looking for a steady rental asset with minimal upfront improvements needed. Unit 803 is currently rented at $750/month with a lease in place through November 2026, providing consistent and predictable income. Unit 805 is also rented at $750/month with a lease in place through November 2026, creating strong, stable cash flow across both units. The property features a new roof installed in 2023, helping reduce near-term capital expenses and improving overall investment security. Highlights: Total rental income of $1,500/month Long-term leases in place through November 2026 New roof (2023) Stable, low-maintenance investment Opportunity for future rent growth 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.
Location
State AL
Area Alabama-01
Interior
Heating Electric
Exterior
Parking Features One per Unit
Garage Spaces 2.0
Garage No
Building
Lot Description Less than 1/2 Acre, Level
Sewer Public Sewer
Water Public
Listed by Keller Williams Realty River Cities
Schools and Properties Nearby
Learn More About LPT Realty
LaKesha Weldon
Broker Associate | License ID: 366056