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    307 Colony Dr Enterprise, AL 36330

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    For Sale
    $190,000

    Quadraplex - Enterprise, AL

    Property size:
    3,678 SF
    Price / SF:
    $51/SF
    Added:
    Oct 23, 2025
    Days on Market:
    189
    Last Refresh:
    Apr 29 at 1:06 am

    Property Features for 307 Colony Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    None
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    16051520000020027
    Size
    3,678 SF

    Building Details

    Year built
    1981
    Floors in Building
    2
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Sheri Thomson
    Sheri Thomson

    Listing agent Sheri Thomson

    Listing office Sweet Home Real Estate 1816 W Main St, Dothan, AL

    Listing date Oct 23, 2025

    MLS# 196192 Listing URL

    Copyright © 2026 Southeast Alabama 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

    Enterprise Quadplex Investment Opportunity

    This multi-unit investment property features long-term tenants and a waiting list. Current rents range from $525 to $575, with potential increases upon lease expiration. All units are under 1-year leases. A property manager is in place, overseeing operations at 10% of the rent. Each unit is covered by a home warranty. The property consists of four 2-bedroom, 1-bathroom units, each with an outside covered patio and a utility room equipped with washer and dryer hookups. The property at 309 Colony Dr, a triplex, is also for sale under a separate listing. Showings are limited due to tenant occupancy and the property manager's schedule.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Enterprise
    County
    Coffee
    State
    Alabama
    Longitude
    -85.8410967
    Latitude
    31.3239302

    FAQs

    What type of property is this?
    Quadplex - Multi-unit investment property with long-term tenants and potential rent increases.
    Where is this quadplex located?
    The property is located at 307 Colony Dr Enterprise, AL.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: Multi‑unit investment property with long‑term tenants and a wait list.; All units are 2BR/1BA with outside covered patio and W/D hookups.; Current rent is $525-$575 with potential for increase upon lease expiration.
    More about this property
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