Residential Income Duplex
503 Dusy Street Dothan, AL 36301
503 Dusy Street, Dothan, AL, 36301
$157,000
For Sale
$157,000
SINGLE_FAMILY - Dothan, AL
Property Size2,110 SF
Lot Size0.27 Acres
Price / SF$74.41
Days on Market135
Property Features for 503 Dusy Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Dining Room, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
- Parking features
- Carport
- Fireplace
- 1
- Basement
- Crawl Space
- Appliances
- Electric Water Heater, Range, Refrigerator
- Standard status
- Active
- APN
- 09-06-24-3-006-018.000
- Size
- 2,110 SF
- Lot size
- 0.27 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
- Water front features
- Waterfront
Building Details
- Year built
- 1936
- Floors in Building
- 2
- Flooring type
- Vinyl
- Architectural style
- Other
Listing Agency
Berkshire Hathaway HomeServices Showcase Properties
(334) 792-7474
101 Executive Park Drive, Dothan, AL
Listed by
Teresa Conte-Rodriguez
(334) 790-4353
Added: Mar 5 Checked: Jul 18 at 2:06 am
MLS# 210134
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.
Investment Insights
Based on property information with market context.
This residential income duplex-style home offers approximately 2,110 square feet with 3 bedrooms and 2 baths. The main level includes two bedrooms and one full bath with shower, along with a double-entry foyer featuring French doors, a living area with a cozy fireplace and keeping room, and a walk-through dining room to a spacious kitchen. A laundry room and convenient drop zone are located off the kitchen.
The upstairs suite has two separate exterior entrances and is currently tenant occupied at $695 per month. The suite accommodates a king-size bed and includes additional living space, a drop zone, a U-shaped kitchen with dining area, and a full bath with tub, shower, and laundry.
Outside, the property features a covered back porch, a single-car carport, an extra-large shop, and a fully fenced backyard with a gate.
The upstairs suite has two separate exterior entrances and is currently tenant occupied at $695 per month. The suite accommodates a king-size bed and includes additional living space, a drop zone, a U-shaped kitchen with dining area, and a full bath with tub, shower, and laundry.
Outside, the property features a covered back porch, a single-car carport, an extra-large shop, and a fully fenced backyard with a gate.
Key Highlights
- Charming 1936 home with 2,110 sq ft, 3 bedrooms, and 2 baths
- Upstairs suite has two exterior entrances and is currently tenant occupied at $695/month
- Living area features a cozy fireplace with keeping room and French doors at the double‑entry foyer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.0k | $9.00 |
| − Vacancy | −$1.2k | −$0.59 |
| EGI | $17.8k | $8.42 |
| − OpEx | −$5.3k | −$2.52 |
| NOI | $12.4k | $5.89 |
2,110 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$177.6K
$155.4K – $207.2K
NOI $12,429 @ 7.0% cap · market cap 7.92%
Second Best
Apartment 5plus
$164.9K
$144.3K – $192.4K
NOI $11,544 @ 7.0% cap · market cap 7.35%
Theoretical Best
Healthcare Medical
$372.9K
$326.3K – $435.1K
NOI $26,106 @ 7.0% cap · market cap 16.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Home with separate upstairs suite entrances, tenant-occupied, plus covered porch, carport, and fenced backyard.
Where is this duplex located?
The property is located at 503 Dusy Street Dothan, AL.
What is the asking price?
The asking price for this property is $157,000.
What are key features of this property?
This property features: Charming 1936 home with 2,110 sq ft, 3 bedrooms, and 2 baths; Upstairs suite has two exterior entrances and is currently tenant occupied at $695/month; Living area features a cozy fireplace with keeping room and French doors at the double‑entry foyer
