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Tenant-Occupied Duplex
For Sale
$199,000

1401 Magnolia St, Opelika, AL 36801

Two separately occupied units provide an established rental configuration with month-to-month leasing flexibility.

Property Size2,385 SF
Price / SF$83.44
Days on Market10

Property Features for 1401 Magnolia St

General Information

Standard status Active
Size 2,385 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

fully fenced backyard

Building Details

Year Built 1965
Buildings 1
Tenancy Multi
Listing Agency: Berkshire Hathaway Homeservices
Listed By: Kelly Woods
Source: Villagerealtyauburnopelika
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 26 at 1:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices

Investment Insights

Based on property information with market context.

This 2,385-square-foot duplex, built in 1965, contains two separately occupied residences. The first unit has two bedrooms and one bathroom, while the second provides three bedrooms and one bathroom. Both residences are occupied under month-to-month leases, and residents pay their own utilities and handle lawn maintenance. A fully fenced backyard serves the property.

The property is located at 1401 Magnolia St in Opelika, Alabama, beside the police station. Its setting provides access to downtown Opelika, shopping, and dining. The two-unit layout and existing occupancy create a straightforward residential income property configuration.

Key Highlights

  • 2,385‑square‑foot duplex built in 1965
  • Two separately occupied units: 2 bedrooms/1 bathroom and 3 bedrooms/1 bathroom
  • Both units are tenant occupied on month‑to‑month leases

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Furniture & Home Goods Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

Demographics for 36801, AL

24,590
Population
11,363
Households
2.2
Avg Household Size
38
Median Age
33%
College-Educated
89%
High-School Grad
78.3 sq mi
ZIP Area
314
Density / Sq Mi
$58,256
Median Household Income
$39,018
Median Earnings
$926
Median Rent
$211,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately occupied units provide an established rental configuration with month-to-month leasing flexibility.
Where is this duplex located?
The property is located at 1401 Magnolia St Opelika, AL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2,385‑square‑foot duplex built in 1965; Two separately occupied units: 2 bedrooms/1 bathroom and 3 bedrooms/1 bathroom; Both units are tenant occupied on month‑to‑month leases
More about this property
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