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15E 20th Street Lanett, AL $ 265,000
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$ 265,000 Get more info
15E 20th Street
$ 265,000
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15E 20th Street

Lanett, AL, 36863
$ 265,000
Baths0.0

Monthly Estimate*

$ 1,673

15E 20th Street, Lanett, AL 36863 - Image 1
15E 20th Street, Lanett, AL 36863 - Image 2
15E 20th Street, Lanett, AL 36863 - Image 3
15E 20th Street, Lanett, AL 36863 - Image 4
15E 20th Street, Lanett, AL 36863 - Image 5
Studio

Multi-Family Home for sale in Lanett, AL

for $265,000. This home was built in 1949 on a lot size of 0.32.

**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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Multi-Family Active

Price

$ 265,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,097

Style

Lot Size

0.32

Year Built

1949

Town/City

Lanett

County/Region

Chambers

MLS | Web ID

10836782
Features
General
Sewer Public Sewer
Heating Electric
Cooling Window Unit(s)
Utilities Electricity Individual Meters
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1949
Levels One
Property Subtype Multi Family Quadruplex
Tax Year 2025
Community Features None
County Chambers
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Callaway Place
Garage Y/N false
Status Price Change
Directions GPS FRIENDLY
High School Lanett
City Lanett
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 13939.2
Carport Y/N false
Elementary School Lanett
Tax Annual Amount 1097.32
Middle/Junior High School Lanett
Property Condition Resale
Structure Type Quadruplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Crawl Space
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Pad
Water Source Public
Lot Size Area 13939.2
Lot Size Acres 0.32
Lot Size Source Other
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* Excluded Features

Affordability Calculator

$1,765
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,673
Monthly Property Taxes
$91
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
4442585 Middle School
Lanett High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/31/2026$265,000 Listed Price

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15E 20th Street, Lanett, AL, 36863 is a Multi-Family Home for sale at $265,000 with a lot size of 0.32. 15E 20th Street is a studio with 0.0 baths and was built in 1949. The property's zip code is 36863 which is in Lanett, AL

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