15 E 20th St Lanett, AL 36863
Lanett AreaEstimated payment $1,631/month
Highlights
- No HOA
- Window Unit Cooling System
- 1-Story Property
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.
Listing Agent
KELLER WILLIAMS REALTY AUBURN OPELIKA License #163121 Listed on: 05/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,098
Year Built
- Built in 1949
Lot Details
- 13,939 Sq Ft Lot
Parking
- Open Parking
Home Design
- Vinyl Siding
Interior Spaces
- 2,516 Sq Ft Home
- 1-Story Property
Schools
- W O Lance Elementary
Utilities
- Window Unit Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1007364004005000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,082 | $20,608 | $800 | $19,808 |
| 2024 | $1,082 | $20,600 | $800 | $19,800 |
| 2023 | $1,082 | $17,800 | $800 | $17,000 |
| 2022 | $935 | $17,800 | $800 | $17,000 |
| 2021 | $792 | $15,080 | $800 | $14,280 |
| 2020 | $792 | $15,080 | $800 | $14,280 |
| 2019 | $792 | $15,080 | $800 | $14,280 |
| 2018 | $792 | $15,080 | $800 | $14,280 |
| 2017 | $411 | $7,820 | $800 | $7,020 |
| 2016 | $411 | $7,820 | $800 | $7,020 |
| 2015 | $411 | $7,820 | $800 | $7,020 |
| 2014 | $411 | $7,820 | $800 | $7,020 |
| 2013 | $379 | $7,820 | $800 | $7,020 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | Price Changed | $280,000 | -3.4% | $111 / Sq Ft |
| 05/18/2026 05/18/26 | For Sale | $290,000 | -- | $115 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | None Listed On Document | |
| Warranty Deed | $105,000 | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,500 | Construction |
Source: Lee County Association of REALTORS®
MLS Number: 180514
APN: 10-07-36-4-004-005.000
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Ask me questions while you tour the home.