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!
Income-Producing Multi-Unit Property in Historic Downtown Dothan! Step into a piece of Dothan's history with this unique 5-unit investment property, offering over 6,000 sq. ft. of heated/cooled space just steps from downtown. This charming historic home has been thoughtfully converted into three separate units, each with private entrances and their own utilities. Additionally, a detached duplex at the rear of the property provides two more rental units, making this an ideal Airbnb or long-term rental opportunity. With a total of 8+ bedrooms and 7 full baths, this property delivers incredible income potential while preserving its historic character. All in-unit furnishings pictured to convey with property, allowing for a turnkey short-term rental setup. Don't miss your chance to own a one-of-a-kind, income-generating property in the heart of Downtown Dothan. Whether you're an investor looking for cash flow or someone seeking a multi-unit home with rental flexibility, this property checks all the boxes. Schedule your tour today!
MUST SEE INVESTMENT PROPERTY!!! This all brick duplex located in the heart of Dothan is the perfect addition to your investment portfolio. Property includes a 2 bedroom 2 bath apartment with a formal living room, den, eat in kitchen and garage. It also has a 1 bedroom 1 bath apartment with its own living room and kitchen area. Roof was replaced in 2024, HVAC replaced in the 1 bedroom apartment in 2024, new hot water heater in the 2 bedroom apartment in 2024. All situated on a nice half acre lot that includes a metal building with carport. Owner would like a 48 hour notice to schedule with tenants
Income Property in Dothan! 203 Moates St is a duplex with two 2-bed, 1-bath units each, 1,593 sq. ft. It's in good condition, move-in ready, and currently brings in $1,375/month (lease signed 2 months ago). While the roof is older, it's a great income-producing property. Perfect for investors.
Discover the epitome of refined living at 601 Headland Ave, Dothan, Alabama. This extensively remodeled apartment complex features a new roof, upgraded AC, and replaced doors and windows, ensuring modern comfort and style. With 36 units available for rent at an enticing $625 per month and an additional 4 bedroom 2 bath flat renting for $1,000 a month, seize the opportunity to invest in a thriving community. Currently at an impressive 95% occupancy, these apartments promise both a sound investment and a vibrant living experience. Don't miss your chance to own a piece of elevated living in the heart of Dothan.
LIVE SMARTER, NOT HARDER in this amazing duplex. Side by side 3 Bedroom, 2 Bath units with great rental history. Each unit boasts tile flooring throughout, updated paint, ceiling fans, new 1" blinds, 2 Car Driveway, large backyard area, with patio area, and cul-de-sac location. Primary bedrooms feature ensuite bathrooms and walk in closet. Home also features laundry area, full appliance package in kitchens, and gutter system. Rent one side out and live in the other with half the mortgage being paid by the Tenant. This is a great investment property located close to Fort Rucker and Dothan Hospitals. https://vimeo.com/792384324
Perfect investment opportunity!! 8 rentals in townhome style. One story homes average about 1200 sq ft and 2 story average 1500 sq ft. There are 6 single stories and 2 two stories. The two story homes contain a garage. Fenced in backyards with an extra acre of land in the back for potentially another house to be placed. Homes to be sold together, no separation. Houses were constructed in the year 2016 and 2018.
Dothan is located in Alabama. Dothan, Alabama has a population of 70,318. Dothan is less family-centric than the surrounding county with 23.73% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Dothan, Alabama is $49,203. The median household income for the surrounding county is $50,222 compared to the national median of $69,021. The median age of people living in Dothan is 40 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 37.8 degrees. The average rainfall is approximately 54.7 inches per year, with 0.1 inches of snow per year.
