15 E 20th St, Lanett, AL 36863
Property image
Property image
FOR SALE
0.32 ACRES

$265,000

Original price: $270,000
  • Studio

15 E 20th St, Lanett, AL 36863

Est. Mortgage $1,540/mo*
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Home Highlights

Multi-Family
Built in 1949
0.32 acre lot
Open Parking

Local Information

  • Map ViewExplore the area around 15 E 20th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

**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.
Last check for updates: about 9 hours ago
Listing courtesy of Karen Heimen, (334) 744-2872
Plains Realty Partners
Source: GAMLS, MLS#10836782
Also Listed on LCMLS, GAMLS, LCMLS.

Home Details for 15 E 20th St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Crawl Space
Appliances & Utilities
Utilities: Electricity Individual Meters
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Parking Pad
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 109Days on Market: 115

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Condition: ResaleParcel Number: 121007364004005000

Price & Status

Price
List Price: $265,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: LanettCommunity: Callaway Place
School Information
Elementary School: LanettJr High / Middle School: LanettHigh School: Lanett

Agent Information

Listing Agent
Listing ID: 10836782

Community

Community Features: None

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 0.32 acres

Offer

Listing Agreement Type: Exclusive Right To Sell

Rental Terms, Policies & Fees

Owner Pays: Other

Miscellaneous

Mls Number: 10836782Showing Requirements: 24 Hour Access, Appointment Only, Call Listing Agent

Additional Information

None

Around this home

What Locals Say about Lanett

At least 34 Trulia users voted on each feature.

  • 97 % Say yards are well-kept

  • 84 % Say parking is easy

  • 78 % Say car is needed

  • 69 % Say kids play outside

  • 68 % Say it's quiet

  • 62 % Say there's holiday spirit

  • 52 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 44 % Say it's walkable to grocery stores

  • 43 % Say it's dog friendly

  • 39 % Say people would walk alone at night

  • 38 % Say it's walkable to restaurants

  • 37 % Say they plan to stay for at least 5 years

  • 34 % Say streets are well-lit

  • 33 % Say there are community events

  • 26 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Patrick K. W. J.
    "No issue with dogs in the area. Most are kept inside fences. Ones that are not are mostly picked up by animal control. Rarely see strays in the area. "
    0
    Flag
  • Tiffany Taylor
    "Its small but nothing but joy seeing me 4 kids play in the park .But some of the kids are very disrespectful "
    0
    Flag
  • Edielou69
    "Lanett is a beautiful place. There are a lot of Restaurants...local and franchise. Most of the Mill Villages need a lot of TLC. That area has huge opportunity for industrial growth."
    0
    Flag
  • Dawne K.
    "Our neighbors all look out for each other, check in with each other and help make it feel like a community."
    0
    Flag
  • Jdsprayberry
    "I’ve lived here my entire life. It has declined over recent years. The schools have dropped to 1A and are on the failing schools list. "
    0
    Flag
  • Dawne K.
    "It’s a quiet little area in the middle of lots of noise. Happy to have a peaceful place to decompress after work,"
    0
    Flag
  • lsnyder02
    "Quiet area,no through street so less traffic. Nice neighbors,close to grocery stores,restaurants,schools and churches."
    0
    Flag
  • Nancy C. B. K.
    "An area graced with history, lined with historic homes, ancient oaks and trees, rolling land, farms - a horse country feel and setting. West Point, GA is adjacent just a couple of minutes down N. 18th. Charming small town with Point University. LaGrange is 15 minutes away. Callaway Gardens is close by. Atlanta Hartsfield is just an hour away. 26,000 acre West Point Lake and two Marinas..."
    1
    Flag

Market trends in Lanett

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
37
6MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
500 E 7th St, West Point, GA
1.63
Multi-Family Home
$212,000
09/12/25
6
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
15 & 17 E 20th St, Lanett, AL 36863
0.01
$179,300
4
4
2,516
Off Market
118 E 19th St, Lanett, AL 36863
0.11
$132,400
2
1
1,020
Off Market
110 E 21st St, Lanett, AL 36863
0.12
$112,900
3
2
1,421
Off Market
117 S 20th St, Lanett, AL 36863
0.26
$275,000
4
3
2,483
Recently Sold
1403 S Jennings Ave, Lanett, AL 36863
0.34
$115,000
2
2
1,624
Recently Sold
112 Veterans Memorial Pkwy, Lanett, AL 36863
0.34
-
-
-
-
Off Market
1211 S Gilmer Ave, Lanett, AL 36863
0.33
$131,000
3
2
1,529
Off Market
19 13th Cou Ct, Lanett, AL 36863
0.36
$17,500
-
-
-
Recently Sold
18 13th Cou Ct, Lanett, AL 36863
0.36
$15,000
-
-
-
Recently Sold
214 S 15th St, Lanett, AL 36863
0.39
$115,100
2
1
952
Off Market
2323 S 1st Ave, Lanett, AL 36863
0.38
$200,000
3
2
1,650
For Sale

Price and Tax history

DateEventPrice
Aug 31, 2026
Source: LCMLS #180514
PriceChange
$265,000
Price decreased by 2%
Aug 18, 2026
Source: LCMLS #180514
PriceChange
$270,000
Price decreased by 4%
Jul 29, 2026
Source: LCMLS #180514
PriceChange
$280,000
Price decreased by 3%
May 18, 2026
Source: LCMLS #180514
Listed For Sale
$290,000
Aug 12, 2025
Source: N/A
Sold
$175,000

LGBTQ Local Legal Protections

Karen Heimen, Plains Realty Partners
Agent Phone: (334) 744-2872
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.

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Frequently asked questions about 15 E 20th St

  • What is the estimated monthly payment for 15 E 20th St?
    Based on a $265,000 list price with 20% down at today's rates, the estimated monthly payment for 15 E 20th St in Lanett, AL is approximately $1,563 (about $1,404 principal & interest, $84 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Lanett?
    Residents describe Lanett, AL as well-kept, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Lanett, AL.
  • What are the closest schools to 15 E 20th St?
    The closest schools to 15 E 20th St in Lanett, AL are Lanett Central Elementary School (Pre-K, rated 2/10), Lanett Junior High School (rated 4/10), Lanett Senior High School (rated 1/10).
  • Does 15 E 20th St have air conditioning?
    Yes, 15 E 20th St in Lanett, AL has air conditioning.
  • Does 15 E 20th St have parking?
    Yes, 15 E 20th St in Lanett, AL has on-site parking.
15 E 20th St, Lanett, AL 36863 is a studio multi-family built in 1949. This property is currently available for sale and was listed by GAMLS on Aug 31, 2026. The MLS # for this home is MLS# 10836782.