2316 Middleton Rd Dothan, AL 36301
Estimated payment $9,075/month
Highlights
- Eat-In Kitchen
- Double Pane Windows
- Cooling Available
- Rehobeth Elementary School Rated A-
- Walk-In Closet
- Vinyl Flooring
About This Home
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!
Listing Agent
Berkshire Hathaway HomeServices Showcase Properties Brokerage Phone: 3347927474 License #167784
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | For Sale | $1,500,000 | -- | $151 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | Attorney Only | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,020,000 | Construction | |
| Previous Owner | $78,079 | Commercial |
Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)
MLS Number: 203072
APN: 17-07-25-0-000-016-020
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