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!
Sold for $1,425,000 on 05/14/25
$1,425,000
2316 Middleton Rd, Dothan, AL 36301
24beds
9,928sqft
MultiFamily
Built in 2019
-- sqft lot
$1,445,400 Zestimate®
$144/sqft
$1,135 Estimated rent
What's special
Zillow last checked: 7 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
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