$170,000
- 6 Beds
- 3 Baths
- 2,736 Sq Ft
309 Colony Dr, Enterprise, AL 36330

Sheri Thomson
Sweet Home Real Estate
(334) 489-5199
$170,000
309 Colony Dr, Enterprise, AL 36330
Sheri Thomson
Sweet Home Real Estate
(334) 489-5199
$190,000
307 Colony Dr, Enterprise, AL 36330
Sheri Thomson
Sweet Home Real Estate
(334) 509-2291
Enterprise, Alabama, known as “The City of Progress,” has a rich history of resilience and innovation, transitioning from cotton farming to becoming a leading peanut producer in the early 1900s. Today, Enterprise is a hub for military aviation and features a growing downtown area with local shops, restaurants, and a state-of-the-art recreation and aquatics center. Housing options include midcentury ranch-style homes, new construction subdivisions with Contemporary Craftsman and New Traditional homes, early 2000s townhouses, and multi-acre lots on the outskirts. The city has expanded its parks and recreation department, adding multi-use athletic fields at Alfred Peavy Park, a skate park, an 18-hole disc golf course at Johnny Henderson Park, and a 70,000 square-foot rec center set to open in 2025. Main Street boasts historic storefronts with local businesses, fine dining spots like The Rawls Restaurant, bars with live music, and performances at the Southern Broadway Dinner Theater. Enterprise City Schools are highly rated, ranking No. 12 in Alabama with an overall A on Niche, and offer specialized career programs and dual enrollment opportunities. Located in the Wiregrass Region, Enterprise is conveniently connected via U.S. Route 84, 90 miles from Montgomery, 50 miles from the Chattahoochee River, and 80 miles from Gulf Coast beaches. Summers are hot and humid, while winters are short and mild.
On average, homes in Enterprise, AL sell after 59 days on the market compared to the national average of 70 days. The median sale price for homes in Enterprise, AL over the last 12 months is $260,000, down 7% from the median home sale price over the previous 12 months.
In Enterprise, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $170,000 to $190,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Enterprise is $282,000, while the average sale price is $285,711, offering insights into the local housing market. On average, multi-family homes spend 59 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Enterprise, AL.