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Sold for $1,425,000 on 05/14/25
  • $1,425,000

    2316 Middleton Rd, Dothan, AL 36301

    24beds
    9,928sqft
    5-10 Units
    Built in 2019
    -- sqft lot
    $1,466,400 Zestimate®
    $144/sqft
    $1,134 Estimated rent

    Home value

    $1,466,400

    $1.28M - $1.69M

    $1,134/mo

    Zestimate® history
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    $1,134/mo

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    $1,134/mo

    Rent Zestimate®

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    $6,024/mo

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    $6,024/mo

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    What's special

    Turnkey Investment Portfolio-8 Single-Family Homes Just Outside Dothan, AL. Seize this exceptional investment opportunity featuring eight tenant-occupied single-family homes, strategically located just outside the Dothan city limits. This fully leased portfolio provides immediate cash flow with strong appreciation potential in a high-demand rental market. Portfolio Highlights: 8 Well-Maintained Homes, Reliable, long-term rental income. Diverse Property Mix 6, one-story & 2 two-story homes to appeal to various tenant needs. Prime Location, Minutes from Dothan's shopping, dining, medical centers, and major employers. High Tenant Demand, Proximity to Ft. Novosel and Wiregrass-area industries. Lower Property Taxes, Located in the county while still offering city conveniences. Separate Parcels for Each Home, Flexible future resale or refinancing options. Value-Add Potential, Below-market rents with room for increases and additional cash flow. This income-generating portfolio is perfect for both seasoned and new investors looking to expand their rental holdings in a steadily appreciating market. The Dothan area's strong job growth, low cost of living, and increasing rental demand make this a strategic buy-and-hold investment. Serious inquiries only. Financials, lease details, and rent rolls are available upon request. Don't miss out on this rare opportunity!

    Zillow last checked: 8 hours ago

    Listing updated: May 14, 2025 at 09:36am

    Listed by:

    Linda Sykes 334-210-3303,

    Berkshire Hathaway HomeServices Showcase Properties

    Bought with:

    Linda Sykes, 167784

    Berkshire Hathaway HomeServices Showcase Properties

    Source: SAMLS,MLS#: 203072

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 18
    • Full bathrooms: 16
    • 1/2 bathrooms: 2
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Other-See Remarks
    Features
    • Flooring: Vinyl, Laminate
    Interior area
    • Total structure area: 9,928
    • Total interior livable area: 9,928 sqft

    Property

    Parking
    • Parking features: Other-See Remarks
    Features
    • Levels: One,Two
    • Waterfront features: No Waterfront
    Lot
    • Size: 2.75 Acres
    • Dimensions: 2.755 Acres
    Details
    • Parcel number: 1707250000016.020212223

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-10 Units
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

    • Electric: Wiregrass Electric
    • Sewer: Septic Tank
    • Water: Public, Other Authority
    • Utilities for property: Water Available

    Community & neighborhood

    Location
    • Region: Dothan

    Price history

    DateEventPrice
    5/14/2025Sold$1,425,000-5%$144/sqft
    Source: SAMLS #203072
    4/16/2025Pending sale$1,500,000$151/sqft
    Source: BHHS broker feed #203072
    4/5/2025Listing removed$1,250
    Source: Zillow Rentals
    4/4/2025Listed for sale$1,500,000$151/sqft
    Source: SAMLS #203072
    3/31/2025Listed for rent$1,250+4.2%
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2024$895 +9.4%$27,900 +4.5%
    2023$818 +1747.8%$26,700 +1680%
    2022$44 $1,500 -50%

    Find assessor info on the county website

    Neighborhood: 36301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rehobeth
    • Middle: Rehobeth
    • High: Rehobeth

    Source: SAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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