2601 Althea Street, Tuskegee, Alabama 36088
  • $120,000

Overview

Property ID: HZ180759
  • Residential, Residential
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 1944
  • Year Built

Description

Welcome to 2601 Althea Street, an investment opportunity that actually makes sense. Located minutes from Tuskegee University, this updated 3-bedroom, 1-bath home sits in one of the strongest rental markets in Macon County. Tuskegee University continues to drive housing demand year after year, making this an excellent opportunity for investors, parents of students, or anyone looking for reliable rental income. The property has a proven rental history, generating $650 per bedroom, or approximately $1, 950 per month in gross rental income. That’s actual rental history, not wishful thinking and creative spreadsheet math. Major updates have already been completed, including a newer HVAC system, approximately one year old, and a new sump pump in the basement. Translation: fewer surprise expenses and fewer maintenance headaches. Inside, you’ll find an updated kitchen with a gas cooktop, washer and dryer connections, and a practical layout that works well for student housing, faculty housing, or traditional long-term tenants. Parents of Tuskegee University students should take note. Instead of paying rent for the next four years, consider owning the property and renting the additional bedrooms to other students. Conveniently located near Tuskegee University, downtown Tuskegee, shopping, restaurants, and everyday amenities. Properties this close to campus with documented rental income and recent mechanical updates are becoming harder to find. Whether you’re looking to add a cash-flowing rental to your portfolio or secure housing near campus, this one deserves a look. Run the numbers, schedule a showing, and bring your offer before someone else beats you to it.

  • Address: 2601 ALTHEA Street
  • City: TUSKEGEE
  • State/county: AL
  • Zip/Postal Code: 36088

Details

Updated on June 7, 2026 at 5:37 pm
  • Property ID HZ180759
  • Price $120,000
  • Land Area 0.27 Acres
  • Bedrooms 3
  • Rooms 7
  • Bathroom 1
  • Year Built 1944
  • Property Type Residential, Residential
  • Property Status Active
  • MLS# 180759

Additional details

  • Utilities Natural Gas Available, Water Available
  • Cooling Heat Pump
  • Heating Heat Pump
  • Flooring Ceramic Tile, Wood
  • County Macon
  • Property Type Residential
  • Pool None
  • Elementary School TUSKEGEE PUBLIC ELEMENTARY
  • Middle School TUSKEGEE PUBLIC ELEMENTARY

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The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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