2300 & 2400 4th Avenue Phenix City

2300 4th Avenue Phenix City AL 36867,

September 11, 2025

Property Description
For Sale $2,450,000

Presenting the Hawthorne Apartments Portfolio, a stabilized two-parcel multifamily property totaling 52 units in the heart of Phenix City, Alabama. Situated on adjacent sites along 4th Avenue, this well-maintained, garden-style community provides investors with immediate scale, dependable cash flow, and rental upside in a steadily growing submarket of the Columbus–Phenix City MSA.

Property Highlights

• Total Units: 52 (mix of one- and two-bedroom floorplans)

• Total Lot Size: ±5.04 acres (combined)

• Combined Building Area: ±97,000 sq. ft.

• Year Built: Circa 1950 (solid masonry construction)

• Zoning: Apartments – 4 units & greater (multifamily)

• Parking: Surface parking for residents and guests

2300 & 2400 4th Avenue

• 52 units across approximately 97,000 sq. ft.

• Situated on ±5.04 acres combined

• Mix of one- and two-bedroom units

• Classic garden-style design with two-story buildings

Investment Highlights

• Fully stabilized and income-producing asset

• Recent upgrades supporting strong rental demand

• City water & sewer with low-maintenance systems

• Convenient location near schools, retail, and major highways

Opportunity

The Hawthorne Apartments Portfolio offers investors a well-located, solidly built asset with significant repositioning potential. Whether pursuing a light renovation strategy to capture market rents or a full modernization for long-term appreciation, this portfolio is poised for strong returns in a market with proven rental demand.

  • Type

    Multi Family
  • Build

    NA
  • Size

    NA
  • Lot Size

    NA
Property Map
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  • Bedrooms

    22

  • Bathrooms

    16

  • Parking

    NA

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