Sold
Last Sold Price
24 beds9,928 sqft
2316 Middleton Road, Dothan, AL 36301
Multi FamilyProperty Type
2.75 acresLot Size
2019Year Built
$144/sq ftPrice per sq ft

Description

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...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!
  • Listed by: Linda Sykes 334.210.3303 Lindasykes.realtor@gmail.com Brokerage DRE #91266 • Berkshire Hathaway HomeServices Showcase Properties
Listing closed: 05/14/2025 12:00 AM • Source: Dothan Multiple Listing Service, MLS#: 203072

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$8,327 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,607

Property Taxes

$719

HOA Dues

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Property Information for 2316 Middleton Road

Property Details
  • Taxes: $8,632 / year
  • MLS Type: Residential / Multi Family
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 2019
  • Lot Size: 2.75 AC / 120,007 SF
Summary
Location and General Information
  • Directions: Take Hwy 231 S, left on Eddins Road, right on Middleton Road, property on right.
  • Latitude: 31.116579
  • Longitude: -85.38383
  • Map Coordinate: -85.384338, 31.116309
  • MLS Area Major: 9c Houston SE 84 E-231 S
Taxes and HOA
  • Parcel Number: 1707250000016.020212223
  • Tax Annual Amount: $8,632.19
  • Tax Year: 2024
School Information
  • Elementary School: Rehobeth
  • High School: Rehobeth
  • Middle Or Junior School: Rehobeth
Parking
  • Attached Garage: No
  • Carport: No
  • Parking Features: Other, Garage Door Opener
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Property
Lot Information
  • Lot Size Acres: 2.755
  • Lot Size Area: 2.755
  • Lot Size Dimensions: 2.755 Acres
  • Lot Size Square Feet: 120007.8
  • Lot Size Units: Acres
Property and Assessments
  • Building Area Source: Public Records
  • Building Area Total: 9928.0
  • Building Area Units: Square Feet
  • Living Area: 9928.0
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 2019
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Levels: One, Two
  • Roof: Asphalt
  • Stories: 2
Utilities
  • Sewer: Septic Tank
  • Utilities: Water Available, Cable Connected
  • Water Source: Public, See Remarks
Interior and Exterior Features
Exterior Features
  • Fencing: Chain Link
  • Private Pool: No
Interior Features
  • Appliances: Dishwasher, Range, Refrigerator, Other
  • Full Bathrooms: 16
  • Half Bathrooms: 2
  • Total Bathrooms: 18
  • Total Bedrooms: 24
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump
  • Has Heating: Yes
  • Flooring: Vinyl, Laminate
  • Interior Features: Walk-In Closet(s), Eat-in Kitchen
  • Window Features: Double Pane Windows

Property History for 2316 Middleton Road

DateEvent & SourcePriceAppreciation
May 14, 2025

Sold

Dothan Multiple Listing Service #203072

$1,425,000—
May 2, 2025

Contract Signed

Dothan Multiple Listing Service #203072

—
Apr 4, 2025

Listed (Active)

Dothan Multiple Listing Service #203072

$1,500,000—
DateEvent & SourcePrice
05/14/2025

Sold

Dothan Multiple Listing Service #203072

$1,425,000
05/02/2025

Contract Signed

Dothan Multiple Listing Service #203072

—
04/04/2025

Listed (Active)

Dothan Multiple Listing Service #203072

$1,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2316 Middleton Road

Taxable ValueLand-Additions-Total-
Tax Record2025$937 ($78 / month)
Home Facts
Beds0Total Finished SqFt1,110 SqFtAbove Grade Finished SqFt1,110 SqFtStories1Lot Size16,553 SqFtStyleSingle Family ResidenceYear Built2019CountyHOUSTONAPN17-07-25-0-000-016-020

Schools near 2316 Middleton Road

This home is within Houston County School District.
Rating
School
Type
Grades
Distance
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Rehobeth Elementary School
Public4 to 6

Rehobeth Middle School
Public7 to 8

Rehobeth High School
Public9 to 12

Rehobeth Primary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway HomeServices Showcase Properties

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