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$ 180,000
Est. payment | /mo
4 Beds
2 Baths
1,908 SqFt
$ 180,000
Est. payment | /mo
4 Beds
2 Baths
1,908 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,908 sqft
Price per Sqft $94
Subdivision No Subdivision
MLS Listing ID 231356
Bedrooms 4
Year Built 1980
Lot Size 9,147 Sqft
Property Sub-Type Duplex
Property Description
Investor Opportunity – Updated Duplex with Immediate Cash Flow & Upside | $180,000. Turnkey duplex with recent updates and strong income potential. Both units are currently leased on month-to-month terms, giving investors the flexibility to increase rents and maximize returns immediately. Unit A has been updated in 2025 with a renovated shower, updated appliances, and new countertops. Currently rented at $905/month. Unit B features a new water heater (2026), updated oven (2025), and new countertops. Tenant in unit B moved out April 14 2026. Current Gross Rent: $1,480/month Projected Market Rent: ~$1,700–$1,800/month With both tenants on month-to-month leases, investors have the ability to quickly adjust rents to market rates, creating immediate upside and improved returns. Highlights: Recent updates in both units (2025–2026) Month-to-month leases = flexibility Under-market rent in Unit B Strong value-add opportunity Ideal for buy-and-hold investors Don't miss this opportunity to secure a cash-flowing asset with built-in upside potential. Property may be purchased individually or as part of a larger investment portfolio, including multiple duplexes and quadplex units. Contact agent for package 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