Auburn Duplex: Investment
949/951 TISDALE Circle Auburn, AL 33680
For Sale
$310,000
MULTI_FAMILY - AUBURN, AL
Property Size1,863 SF
Lot Size0.51 Acres
Price / SF$166.40
Days on Market75
Property Features for 949/951 TISDALE Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Open
- Standard status
- Active
- Size
- 1,863 SF
- Lot size
- 0.51 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Heat Pump (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
Listing Agency:
HAYLEY ENTERPRISES
(334) 750-4839
Listed By:
HAYLEY REAL ESTATE TEAM
(334) 821-8624
Added: May 11
Changed: Jun 9
Last Checked: Jul 24 at 10:06PM
MLS# 180423
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This duplex, located at 949/951 Tisdale Cir in Auburn, AL, presents an investment opportunity in a prime location. The property features two 2-bedroom, 1-bathroom units. Both units are currently leased through July 20, 2027, providing rental income. Situated inside the Auburn Loop, the property is located minutes from downtown Auburn, Auburn University, shopping, dining, and entertainment. The lot size is 0.51 acres and the property size is 1863 square feet. This property offers flexibility, location, and income potential.
Key Highlights
- Duplex at 949/951 Tisdale Cir with two 2‑bedroom, 1‑bath units
- Both units are currently leased through 7/20/2027
- Heating: heat pump; Cooling: central air with electric cooling
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 | $24.6k | $13.20 |
| − Vacancy | −$1.8k | −$0.99 |
| EGI | $22.7k | $12.21 |
| − OpEx | −$6.8k | −$3.66 |
| NOI | $15.9k | $8.55 |
1,863 SF · lease $13.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$227.5K
$199.0K – $265.4K
NOI $15,923 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$212.8K
$186.2K – $248.3K
NOI $14,898 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$454.4K
$397.6K – $530.1K
NOI $31,806 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex in prime location with strong rental history.
Where is this duplex located?
The property is located at 949/951 TISDALE Circle Auburn, AL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Duplex at 949/951 Tisdale Cir with two 2‑bedroom, 1‑bath units; Both units are currently leased through 7/20/2027; Heating: heat pump; Cooling: central air with electric cooling
