1215 Elk Dr

Alexander City, AL 35010

Cancelled Dead

$154,900

  • Property Type No data available
  • Beds [custom_acf field="number_of_bedrooms"]
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Single Family Home
3

Interested in this home?Β 

🏑 Almost There! Updated 3BR in Alexander City

 

Discover this charming 3-bedroom, 2-bath home in the heart of Alexander City β€” a perfect blend of space, comfort, and value. With modern updates already in place and only light work left to finish, this property offers an easy path to equity or rental income.

 

🌟Property Highlights:

βœ”οΈ 3 Bedrooms / 2 Bathrooms
βœ”οΈ 1,296 Sq Ft | Built 1960 | 0.35 Acres
βœ”οΈ Metal Roof – good shape
βœ”οΈ LPV Flooring (3 years old)
βœ”οΈ Renovated Bathrooms – move-in ready
βœ”οΈ Large Kitchen w/ Stainless Steel Appliances
βœ”οΈ Front Deck – needs a few boards replaced

 

πŸ”§Repairs:

Fresh interior paint, deck board replacement, and HVAC service or replacement.
πŸ’° Estimated: $10K–$12K

 

πŸ“Investment Snapshot:

🏠 Estimated Rent: $1,400–$1,500/month
πŸ’Έ Cap Rate: ~10–12% (depending on final repair scope)

 

This one checks all the boxes β€” modern updates, solid structure, and strong rent potential in a growing Alabama market.

 

 

πŸ“ž Contact Lanier at 334-201-0507 for photos, details, or to schedule a showing.

 

πŸ“ˆComps/ARV:

ARV: ~$185,000

Comp 1:Β  1233 Elk Dr for $239,000 @ $178/sqft and isΒ  a 3/2 1338 sqft on 9/17/2025Β (Next Door Flipped)

Comp 2:Β  1179 Elk Dr for $119,000 @ $111/sqft and isΒ  a 3/1 1075 sqft on 5/30/2025

Comp 3:Β  1341 Warren Cir S sold for $215,000 @ $138/sqft and isΒ  a 3/2 1560 sqft on 4/23/2025

Comp 4:Β  617 11th Ave sold for $175,000 @ $140/sqft and isΒ  a 3/2 1252 sqft on 5/12/2025

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