2608 Tillery Lane J building Phenix City, AL 36867

Exceptional opportunity to acquire a hard-to-find single-story quadplex featuring four spacious 3 bedroom, 2 bathroom units—a product type that consistently performs well in today's rental market. Located in a strong rental area, this property offers immediate income with significant upside potential.

This asset is currently underperforming due to below-market rents and needed updates, creating a prime value-add opportunity for investors looking to increase cash flow and long-term equity.

Current Rent Roll:

Unit 1: $1,000/month (Section 8) – Lease through January 2027
Unit 2: $650/month – Lease through November 2026
Unit 3: Vacant – Ready for renovation (estimated ~$10K)
Unit 4: $750/month – Lease through June 2026

Investment Highlights:

All units are 3BR/2BA – strong tenant demand and higher rent potential
Single-story construction – lower maintenance and broader tenant appeal
Clear path to increased rents and stabilized income
Ideal for investors seeking a value-add repositioning opportunity

Market rents for comparable units in the area are estimated at $1,200–$1,400 per unit, offering substantial upside once improvements and lease adjustments are completed.

A recent comparable sale within the complex—a smaller 2BR/2BA unit—sold for $390,000, further supporting the long-term value potential of this larger, more desirable unit mix.

This property is being offered below market value to reflect current rents and condition, making it an excellent opportunity for investors ready to unlock its full potential.