Property photo 1
2 Beds
1 Bath
952 sqft

$125,000

1604 Auburn Road, Phenix City AL, 36867

Price per sqft$131.30
Built in1950
Property size952 sqft
Property typeResidential
Courtesy of Michael Terrell with Keller Williams Realty River Cities

Overview

Active

Listed Sep 15, 2026

Updated Sep 16

Income-producing property located along Auburn Road with current rental income of $850 per month. The property is being offered at $125,000 and provides an opportunity for an investor seeking current income with potential long-term upside tied to the Auburn Road location. Based on seller-provided income and expense assumptions, the projected cap rate is approximately 6.0% at the current asking price. Recent improvements include five replacement windows installed in 2026. The property is currently used as a residential rental but offers additional long-term potential due to its location along a heavily traveled commercial corridor. This property may appeal to investors seeking rental income today while considering future owner-user or commercial possibilities. Buyer should independently verify zoning, permitted uses, measurements, and any intended future use with the City of Phenix City. Seller also owns additional residential investment properties that are being marketed separately as a three-property package. Contact listing agent for lease information, rent roll, and additional portfolio details.

$832/mo

Est. mortgage payment based on a $125,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
234201

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres
MLS provider logo

Listed by Michael Terrell with Keller Williams Realty River Cities 762-207-7005

Based on information from  Columbus Board of REALTORS® (CBR) as of 9/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026  Columbus Board of REALTORS® (CBR). All rights reserved.

Data last updated 6:05 AM UTC, 9/16/2026

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