About 1005 11th St
Income-producing investment property currently rented for $795 per month. At the individual allocated price of $79,500, the property reflects an estimated 9.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new water heater installed in 2024, updated kitchen cabinets, sink and countertop, sheetrock and painting, along with a newer gas space heater and additional miscellaneous upkeep. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1015 11th Avenue and 1822 6th Court. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details.
Features of 1005 11th St
| MLS® # | E104805 |
|---|---|
| Price | $79,500 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Acres | 0.17 |
| Year Built | 1940 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1005 11th St |
|---|---|
| Subdivision | N/A |
| City | Phenix City |
| County | Russell |
| State | AL |
| Zip Code | 36867 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available |
|---|---|
| Features | None |
| Parking | Driveway |
| View | City |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Electric Oven |
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Lot Description | 80 x 100 |
| Windows | None |
| Roof | Shingle |
| Construction | Frame |
Additional Information
| Date Listed | September 3rd, 2026 |
|---|---|
| Days on Market | 2 |
Listing Details
| Agent | Michael Terrell |
|---|---|
| Office | KW Realty River Cities |