Duplex with Fenced
For Sale
$219,900
128 Heyward DR, Dothan, AL 36303
Residential, Duplex, Dothan, AL
Property Size1,372 SF
Lot Size0.11 Acres
Price / SF$160.28
Days on Market72
Property Features for 128 Heyward DR
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bedroom 1, Laundry Room, Bedroom 3, Dining Room, Bathroom 1, Bathroom 2
Parking features
Garage - Attached
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
Subdivision
CLAYTON PLACE REP
Elementary school
Kelly Springs Elementary
Middle school
Dothan Prep/Carver 9th
High school
Dothan High School (Grades 10 - 12)
Standard status
Active
APN
09-02-03-1-008-011-000
Size
1,372 SF
Lot size
0.11 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Water front features
Waterfront
Amenities
community pool
clubhouse
Building Details
Year built
2017
Floors in Building
1
Flooring type
Carpet, Vinyl
Architectural style
Other
Listing Agency:
Full Circle Realty
(334) 489-3299
Listed By:
Joc Calloway
(850) 209-1010
Added: Aug 6
Changed: Sep 23
Last Checked: Oct 16 at 9:06PM
MLS# 214186
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.
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Investment Insights
Based on property information with market context.
This 1,372-square-foot residence, built in 2017, features an open-concept living area with tall ceilings and LVP flooring. The kitchen includes granite countertops, stainless steel appliances, and ample preparation space. The home also offers three bedrooms, two bathrooms, a laundry room, an attached one-car garage, and a fenced backyard on a 0.11-acre lot. Vinyl and carpet flooring are installed throughout the residence.
Located in Dothan, the property has public water and public sewer service. Residents have convenient access to a community pool and clubhouse, while the waterfront setting adds an additional outdoor feature. Included appliances are a dishwasher, dryer, electric water heater, microwave, oven, refrigerator, and washer.
Located in Dothan, the property has public water and public sewer service. Residents have convenient access to a community pool and clubhouse, while the waterfront setting adds an additional outdoor feature. Included appliances are a dishwasher, dryer, electric water heater, microwave, oven, refrigerator, and washer.
Key Highlights
- 1,372 square feet on a 0.11‑acre lot
- Built in 2017 with three bedrooms and two bathrooms
- Open‑concept living area with tall ceilings and LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,082
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,640
$161.6K
Cap Rate 7%
$115,457
$115.5K
Cap Rate 9%
$89,800
$89.8K
Market Conditions
NOI Build-Up for 1,372 SF
Gross rent
$12.3K $9.00/SF
− Vacancy
−$803 −$0.59/SF
EGI
$11.5K $8.42/SF
− OpEx
−$3.5K −$2.52/SF
NOI
$8.1K $5.89/SF
Area
Houston County, AL
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,640
Cap Rate 7%
$115,457
Cap Rate 9%
$89,800
Alternative Uses
Best Use
Multifamily LT 5
$115.5K
$101.0K – $134.7K
NOI $8,082 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$107.2K
$93.8K – $125.1K
NOI $7,506 @ 7.0% cap · market cap 3.41%
Theoretical Best
Healthcare Medical
$242.5K
$212.2K – $282.9K
NOI $16,975 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
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Business Placement
Demographics for 36303, AL
31,080
Population
14,622
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
58.9 sq mi
ZIP Area
528
Density / Sq Mi
$53,006
Median Household Income
$34,504
Median Earnings
$855
Median Rent
$175,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Low-maintenance residence with open living space, modern kitchen finishes, attached garage, and access to a community pool and clubhouse.
Where is this duplex located?
The property is located at 128 Heyward DR Dothan, AL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,372 square feet on a 0.11‑acre lot; Built in 2017 with three bedrooms and two bathrooms; Open‑concept living area with tall ceilings and LVP flooring
