$1,425,000
SOLD MAY 14, 2025

2316 Middleton Rd Dothan, AL 36301

24 Beds
18 Baths
9,928 Sq Ft
2.76 Acres

Recently Sold

$144 Per Sq Ft

5% Below List Price

10 Days on Market

Highlights

  • Eat-In Kitchen
  • Double Pane Windows
  • Cooling Available
  • Rehobeth Elementary School Rated A-
  • Walk-In Closet
  • Vinyl Flooring

About This Home

As of May 2025

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!

Last Agent to Sell the Property

Linda Sykes

Berkshire Hathaway HomeServices Showcase Properties Brokerage Phone: 3347927474 License #167784 Listed on: 04/04/2025

Berkshire Hathaway HomeServices Showcase Properties

Last Buyer's Agent

Linda Sykes

Berkshire Hathaway HomeServices Showcase Properties Brokerage Phone: 3347927474 License #167784 Listed on: 04/04/2025

Berkshire Hathaway HomeServices Showcase Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,632

Year Built

  • Built in 2019

Lot Details

  • 2.76 Acre Lot
  • Chain Link Fence

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 9,928 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 24 Bedrooms
  • Walk-In Closet

Parking

  • Garage
  • Garage Door Opener

Schools

  • Rehobeth Elementary And Middle School
  • Rehobeth High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

Listing and Financial Details

  • Assessor Parcel Number 1707250000016.020212223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,632

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.755
  • Lot Size: 2.755 Acres
  • Exclusions: N
  • Directions: Take Hwy 231 S, left on Eddins Road, right on Middleton Road, property on right.
  • Carport Y N: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 3347927474
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator, Other
  • Accessibility Features: Not Handicap Accessible
  • Full Bathrooms: 16
  • Half Bathrooms: 2
  • Total Bedrooms: 24
  • Flooring: Vinyl, Laminate
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen
  • Living Area: 9928
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Chain Link
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: No Waterfront
  • Waterfront: No
  • Construction Type: Vinyl Siding, Insulated
  • Foundation Details: Slab
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Wiregrass Electric
  • Sewer: Septic Tank
  • Utilities: Water Available, County Trash Service, Cable Connected
  • Water Source: Public, See Remarks

Schools

  • Elementary School: Rehobeth
  • High School: Rehobeth
  • Middle Or Junior School: Rehobeth

Lot Info

  • Lot Size Sq Ft: 120007.8
  • Parcel #: 1707250000016.020212223
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8632.19
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Chad Dean Dev Llc
Bought by
November Properties Llc
Total Days on Market
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Outstanding Balance
$984,559
Interest Rate
5.56%
Mortgage Type
Construction
Estimated Equity
-$532,948

Purchase Details

Closed on
Aug 27, 2019
Sold by
Chad Dean Construction Inc
Bought by
Chad Dean Development Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,200,000 Attorney Only
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,020,000 Construction
Previous Owner $78,079 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $1,425,000 -5.0% $144 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $1,500,000 -- $151 / Sq Ft
Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $895 $27,900 $0 $0
2023 $895 $26,700 $0 $0
2022 $44 $1,500 $0 $0
2021 $44 $1,500 $0 $0
2020 $44 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Linda Sykes

    Berkshire Hathaway HomeServices Showcase Properties

    (334) 218-3303

    3 Total Sales

    Linda Sykes
    Section Image
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Map

Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

MLS Number: 203072

APN: 17-07-25-0-000-016-020

Alabama Houston County Dothan 36301

2316 Middleton Rd, Dothan, AL

This home is located at 2316 Middleton Rd, Dothan, AL 36301 and is currently priced at $1,425,000, approximately $143 per square foot. This property was built in 2019. 2316 Middleton Rd is a home located in Houston County with nearby schools including Rehobeth Elementary School, Rehobeth Middle School, and Rehobeth High School.

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