Dothan, AL Apartment Buildings for Sale

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Rehobeth, AL Cottonwood, AL Tuscaloosa, AL Taylor, AL Ashford, AL Cowarts, AL Slocomb, AL Malvern, AL

Updated: Apr 4

Dothan Multifamily Investment Opportunity

732 S St Andrews, Dothan, AL 36301

$349,900

6,000 sqft

Six Units Total: Main house plus a separate building with two units offering substantial rental income.
High Income Potential: Previously generated $3400 in rent, with potential for significant increase.
Airbnb Potential: Maximize revenue with short‑term rental opportunities.
Separate Utility Accounts: Each apartment has its own utility account.
Recent Metal Roof: Durable metal roof is approximately 5 years old.

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Updated: Jul 1, 2025

Mixed-Use Building with Retail and Housing

151 W Main St, Dothan, AL 36301

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20,400 sqft

Newly redeveloped 20,400 SF mixed‑use building on W. Main Street in downtown Dothan
7 second‑floor luxury residential units with advertised rents of $1,600–$2,200/month
6 ground‑floor commercial retail suites offered at $24–$25/SF/yr plus CAM fees; one unit currently leased
Current rent roll supports a 7–7.4% cap rate at full occupancy
Adjacent 12,105 SF three‑story building available for expansion or redevelopment

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 2 Active listings in Dothan, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Portfolio with Multiple Homes

510 US Hwy 231 S, Brundidge, AL 36010

$150,000

5,920 sqft 3.00 AC lot

Multifamily portfolio on a 3-acre parcel with five occupied rentals generating listed monthly income across multiple dwelling types.

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Multi-Unit Rental with Duplexes

5172 Lynch Drive, Marianna, FL 32446

$999,000

10,084 sqft 8.91 AC lot

Rental property on paved Lynch Drive north of Marianna with 10 total units across duplexes, a mobile home, and a house.

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Brick Duplex Portfolio with Mobile Home

5172 Lynch Drive, Marianna, FL 32446

$999,000

10,084 sqft 8.91 AC lot

Four brick duplexes and a 1989 mobile home offer 10 rented units, including 2019 roof replacements.

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16-Unit Multifamily Investment Opportunity

221 County Rd 3320, Brundidge, AL 36010

Contact for pricing

Value-add multifamily property near Troy University in Pike County, Alabama.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Waterfront Multifamily Land Parcel

141 104TH Avenue, Treasure Island, FL 33706

$2,225,000

0.34 AC lot

Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Dothan, AL

Consider similar Off-Market properties in Dothan, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

108 Yorkhill St, Dothan, AL 36305-1258

Value Estimation by Request

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APARTMENT HOUSE (5+ UNITS)

119 Halls Crk Ln, Dothan, AL 36301-5872

Value Estimation by Request

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APARTMENT HOUSE (5+ UNITS)

113 Pinewood Ln, Dothan, AL 36305-4001

Value Estimation by Request

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APARTMENT HOUSE (5+ UNITS)

205 Mairead Dr, Dothan, AL 36301-6903

Value Estimation by Request

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APARTMENT HOUSE (5+ UNITS)

156 Asbury Park Dr, Dothan, AL 36301-2345

Value Estimation by Request

0.54 AC lot

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APARTMENT HOUSE (5+ UNITS)

516 Ridgeland Rd, Dothan, AL 36301-1158

Value Estimation by Request

0.22 AC lot

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APARTMENT HOUSE (5+ UNITS)

110 Yorkhill St, Dothan, AL 36305-1258

Value Estimation by Request

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APARTMENT HOUSE (5+ UNITS)

209 Mairead Dr, Dothan, AL 36301-6903

Value Estimation by Request

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APARTMENT HOUSE (5+ UNITS)

204 Ridgeland Rd, Dothan, AL 36301-1163

Value Estimation by Request

0.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

150 Asbury Park Dr, Dothan, AL 36301-2345

Value Estimation by Request

0.43 AC lot

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APARTMENT HOUSE (5+ UNITS)

132 Asbury Park Dr, Dothan, AL 36301-2345

Value Estimation by Request

0.37 AC lot

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APARTMENT HOUSE (5+ UNITS)

110 Halls Crk Ln, Dothan, AL 36301-5768

Value Estimation by Request

View details

APARTMENT HOUSE (5+ UNITS)

108 Pinewood Ln, Dothan, AL 36305-4001

Value Estimation by Request

View details

APARTMENT HOUSE (5+ UNITS)

130 Asbury Park Dr, Dothan, AL 36301-2345

Value Estimation by Request

0.45 AC lot

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APARTMENT HOUSE (5+ UNITS)

570 Ridgeland Rd, Dothan, AL 36301-1158

Value Estimation by Request

0.25 AC lot

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APARTMENT HOUSE (5+ UNITS)

638 Ridgeland Rd, Dothan, AL 36301-1152

Value Estimation by Request

0.19 AC lot

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APARTMENT HOUSE (5+ UNITS)

636 Ridgeland Rd, Dothan, AL 36301-1152

Value Estimation by Request

0.22 AC lot

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APARTMENT HOUSE (5+ UNITS)

629 Ridgeland Rd, Dothan, AL 36301-1152

Value Estimation by Request

0.22 AC lot

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Multifamily properties

0 Kelly Springs Rd, Dothan, AL 36303

Value Estimation by Request

31.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

645 Ridgeland Rd, Dothan, AL 36301-1152

Value Estimation by Request

0.22 AC lot

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Dothan, AL Apartment Buildings Market Trends and Statistics

Explore 22 apartment buildings for sale in Dothan, AL on our real estate platform. These investment opportunities span a total of 26,400 square feet of properties for sale, with an estimated market value of $349,900.

Sale prices for two-family homes in Dothan, AL average $349,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 87K

Population Growth (5Y) +4.1%

Median Household Income $57,050

College Educated 22.5%

High-Yield Neighborhoods for Investment

Identify Dothan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
36301	$349.9K

Taxes & Financing

Tax Rate (average for all types) 3.39%

Property Tax per SF $59.67 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Houston County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Dothan fall within the 100,000+ square foot range.

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Dothan, AL Apartment Buildings for Sale

732 S St Andrews, Dothan, AL 36301

151 W Main St, Dothan, AL 36301

Opportunities in Nearby Cities

510 US Hwy 231 S, Brundidge, AL 36010

5172 Lynch Drive, Marianna, FL 32446

5172 Lynch Drive, Marianna, FL 32446

221 County Rd 3320, Brundidge, AL 36010

Potential Development Sites for Consideration

Bienville Blvd, Ocean Springs, MS 39564

141 104TH Avenue, Treasure Island, FL 33706

71 Salters Road, Greenville, SC 29607

215 N Bear Creek Road, Asheville, NC 28806

Off-Market Properties in Dothan, AL

108 Yorkhill St, Dothan, AL 36305-1258

119 Halls Crk Ln, Dothan, AL 36301-5872

113 Pinewood Ln, Dothan, AL 36305-4001

205 Mairead Dr, Dothan, AL 36301-6903

156 Asbury Park Dr, Dothan, AL 36301-2345

516 Ridgeland Rd, Dothan, AL 36301-1158

110 Yorkhill St, Dothan, AL 36305-1258

209 Mairead Dr, Dothan, AL 36301-6903

204 Ridgeland Rd, Dothan, AL 36301-1163

150 Asbury Park Dr, Dothan, AL 36301-2345

132 Asbury Park Dr, Dothan, AL 36301-2345

110 Halls Crk Ln, Dothan, AL 36301-5768

108 Pinewood Ln, Dothan, AL 36305-4001

130 Asbury Park Dr, Dothan, AL 36301-2345

570 Ridgeland Rd, Dothan, AL 36301-1158

638 Ridgeland Rd, Dothan, AL 36301-1152

636 Ridgeland Rd, Dothan, AL 36301-1152

629 Ridgeland Rd, Dothan, AL 36301-1152

0 Kelly Springs Rd, Dothan, AL 36303

645 Ridgeland Rd, Dothan, AL 36301-1152

Dothan, AL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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