Investment Opportunity in Downtown Phenix City, AL – Fully Remodeled Historic Homes Located in the heart of downtown Phenix City, this unique investment property offers two beautifully remodeled historical homes on a single lot, keeping your tax bill low while providing immediate rental income. Both homes have undergone extensive renovations, including new roofs, fresh flooring, modern paint, and a brand-new foundation, ensuring long-term durability and appeal. 1010 16th Street: This charming 2-bedroom, 2-bath home combines historical character with modern updates, offering a comfortable and inviting living space. 1012 16th Street: Another fully remodeled 2-bedroom, 1-bath home, offering cozy living with the same thoughtful updates as 1010. Each home is currently rented for $850 per month leaving room to grow, providing an instant return on investment. With the combination of historical charm, modern renovations, and prime downtown location, this property is an excellent opportunity for both new and seasoned investors. Don't miss out on this profitable and low-maintenance investment in a growing area! Listing agent holds vested interest in home. Do not bother tenants, must make appointment to view. OWNERS WILL CONSIDER SELLER CARRY-BACK OPTIONS
For sale
Price cut: $8K (3/26)
$172,000
1012 16th St, Phenix City, AL 36867
--beds
--baths
1,036sqft
Est.:
Other Multi-Family
Built in 1920
-- sqft lot
$-- Zestimate®
$166/sqft
$-- HOA
What's special
Single lotNew roofsModern paintHistorical characterModern updatesCozy livingFresh flooring
- 78 days
- on Zillow |
- 180 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 01:02pm
Listed by:
Monica Smith 706-593-5325,
Coldwell Banker / Kennon, Parker, Duncan & Davis
Source: CBORGA,MLS#: 220227

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Rooms
- Room types: Other-See Remarks
Heating
- Other Fuel-See Remarks
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Walk-In Closet(s)
- Flooring: Carpet, Hardwood
Interior area
- Total structure area: 1,036
- Total interior livable area: 1,036 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
Lot
- Size: 0.32 Acres
- Features: Private Backyard, 1/2 to 3/4 Acre
Details
- Parcel number: 570501113303029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other Multi-Family
Materials
- Vinyl Siding
Condition
- 105 Years
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: None
- Subdivision: Other
Location
- Region: Phenix City
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $40,455
- Annual tax amount: $478
- Date on market: 3/28/2025
- Loading
- Loading