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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 231354
Bedrooms 4
Year Built 1980
Lot Size 0.260 Acres
Property Sub-Type Duplex
Property Description
Investor Opportunity – Single-Story Duplex with Stable Section 8 Income & Portfolio Expansion Potential | $180,000 Well-maintained single-story duplex offering consistent, government-backed rental income. This property is ideal for investors seeking reliable cash flow with reduced vacancy risk. Unit 808 is currently rented at $750/month through the Section 8 program, with a lease in place through October 31, 2026, providing secure and predictable income. Unit 810 is also rented at $750/month through Section 8, with a lease in place through December 2026, creating strong, stable cash flow across both units. Total rental income: $1,500/month With leases extending into late 2026 and participation in the Section 8 program, this property offers consistent payments and long-term tenant stability, making it a dependable addition to any investment portfolio. Highlights: Single-story duplex Total rental income of $1,500/month Section 8 tenants in place Long-term leases (Oct & Dec 2026) Stable, low-maintenance investment Consistent occupancy with reduced vacancy risk 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