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    411-503 Kornegay St Dothan, AL 36301

    For Sale
    $900,000

    5-10 Units - Dothan, AL

    Property size:
    2,664 SF
    Lot size:
    3.40 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 411-503 Kornegay St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Parking features
    None
    Appliances
    Dishwasher, Range, Washer
    Size
    2,664 SF
    Lot size
    3.40 Acres

    Building Details

    Year built
    2022
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Keller Williams Realty Southeast Alabama (334) 714-9046 timothy/[email protected]

    Listing agent Tim Adkins (334) 702-3595

    Listing date Nov 14, 2025

    MLS# 205918 Listing URL

    Copyright © 2025 Dothan 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

    Dothan Triplex: Modern Investment Opportunity

    This income-producing three-unit duplex, constructed in 2022, is located on the south side of town inside the Circle. Each unit features a four-bedroom, two-bath layout, providing ample living space for tenants. The property offers modern construction and excellent rental appeal. With a total property size of 2664 square feet and situated on a 3.4-acre lot, the building also offers the potential to add additional units, making it a great opportunity for investors looking to expand. This property is a versatile, high-growth investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3884221
    Latitude
    31.2061757

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    FAQs

    What type of property is this?
    Triplex - New construction triplex with expansion potential in Dothan, Alabama.
    Where is this triplex located?
    The property is located at 411-503 Kornegay St Dothan, AL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Income-producing three-unit duplex.; - Modern construction, built in 2022.; - Each unit boasts four bedrooms and two bathrooms.
    (334) 702-3595
    Request Owner's contact information
    411-503 Kornegay St Dothan, AL 36301
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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
    411-503 Kornegay St Dothan, AL 36301
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