15E 20th Street, Lanett, AL 36863
Local realty services provided by:ERA Hirsch Real Estate Team
15E 20th Street,Lanett, AL 36863
$265,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: karen heimen
Office: plains realty partners
MLS#:10836782
Source:METROMLS
Price summary
- Price:$265,000
About this home
**INVESTOR OPPORTUNITY - FULLY OCCUPIED FOURPLEX!** Add a performing multifamily property to your portfolio with this 100% tenant-occupied fourplex in Lanett. The property includes four 1-bedroom, 1-bath units, offering immediate rental income with no initial lease-up period. Tenants pay their own utilities, helping keep owner-paid operating expenses lower. Positioned near I-85, the property provides convenient access to West Point, Kia Georgia, LaGrange, Auburn, Opelika, and Columbus. This location offers connectivity to several major employment and commercial areas across East Alabama and West Georgia. With all four units currently leased and income already in place, this property may be a strong fit for investors looking for an established rental property, portfolio expansion, or their first multifamily investment. **New price - schedule your showing and review the income potential for yourself.** Please do not disturb tenants. Showings by appointment only.
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Home facts
- Year built:1949
- Subdivision & Development:Callaway Place
- Listing ID #:10836782
- Updated:September 06, 2026 at 11:02 AM
Rooms and interior
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Electric
Structure and exterior
- Year built:1949
- Lot area:0.32 Acres
- Construction Materials:Vinyl Siding
- Levels:1 Story
Schools
- High school:Lanett
- Middle school:Lanett
- Elementary school:Lanett
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$265,000
- Tax amount:$1,097 (2025)
Parking
- Parking description:Parking Pad
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