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    115 W Drake Ave Auburn, AL 36830

    For Sale
    $625,000

    Multi-Family (2-4 Units) - AUBURN, AL

    Property size:
    1,012 SF
    Lot size:
    0.11 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 115 W Drake Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Open
    Size
    1,012 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block, Stone, Stucco
    Architectural style
    Other

    HAYLEY REDD REAL ESTATE, LLC (334) 821-8624

    Listing agent HAYLEY REAL ESTATE TEAM (334) 750-4839

    Listing date Aug 12, 2025

    MLS# 172236 Listing URL

    Copyright © 2025 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Auburn Duplex Near Downtown

    This meticulously renovated duplex, located approximately a half mile from Toomer's Corner in Auburn, Alabama, presents a rare investment opportunity. The property, renovated in 2020, features a new roof, plumbing, exterior, interior, and electrical systems. The duplex comprises two units, each offering 1 bedroom and 1 bathroom, suitable for students, young professionals, or investors. Interior features include updated tiled bathrooms and kitchens equipped with granite countertops and stainless steel appliances. The 1012 square feet property has no carpet throughout for easy maintenance. The 0.11-acre lot includes private parking for both units, a sought-after amenity in this location. The property is intended for use as a residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Lee
    State
    Alabama
    Longitude
    -85.483281
    Latitude
    32.613847

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    FAQs

    What type of property is this?
    Duplex - Rare, renovated duplex near Toomer's Corner, ideal for investors.
    Where is this duplex located?
    The property is located at 115 W Drake Ave Auburn, AL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Prime location: Just a half mile from Toomer's Corner in downtown AU.; - Completely renovated in 2020: Featuring a new roof, plumbing, exterior, interior, and electrical system.; - Two units: Each unit includes 1 bedroom and 1 bathroom.
    (334) 750-4839
    Request Owner's contact information
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    Auburn, AL 36830
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 W Drake Ave Auburn, AL 36830
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