All-Brick Duplex with Private
1337/1339 KENT Drive, Auburn, AL 36830
New
MULTI_FAMILY - AUBURN, AL
Property size:
1,820 SFLot size:
0.25 AcresPrice / SF:
$142/SF- Added:
- Jun 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 13 at 4:06 pm
Property Features for 1337/1339 KENT Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Open
- Standard status
- Active
- Size
- 1,820 SF
- Lot size
- 0.25 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1993
- Floors in Building
- 1
- Number of units
- 2
Listing agent MEG BRANCH
Listing office FIRST REALTY SALES AL
Listing date Jun 12, 2026
MLS# 180981
Listing URL
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.
HighLights
- All‑brick duplex built in 1993 with 1,820 total SF on a 0.25‑acre lot
- Two units both leased through 7/26/27
- Each unit has 2 bedrooms with a private bathroom in every bedroom
- Both units are $850/month (1337 leased for $850 and 1339 leased for $850)
- Central air with electric HVAC; Unit 1339 upgraded HVAC and water heater in 2023
- No HOA fees; open parking
Overview
This all-brick duplex offers two separate units (1337 and 1339) in good condition. Both units are leased through 7/26/27, and each bedroom includes a private bathroom. The property totals 1,820 square feet and sits on a 0.25-acre lot. Unit 1339 has had upgrades including a new HVAC and water heater in 2023.
The duplex is located at 1337/1339 Kent Drive in Auburn, Alabama, within Lee County. There are no HOA fees associated with the property.
For buyers seeking a leased duplex, the current occupancy provides immediate income continuity through the stated lease term. Unit 1337 is leased for $850 per month, and unit 1339 is also leased for $850 per month. The combination of maintained condition, private-bath bedroom layouts, and the 2023 mechanical updates in unit 1339 make this duplex a practical option for residential income buyers looking to add a turnkey, occupied property.
The duplex is located at 1337/1339 Kent Drive in Auburn, Alabama, within Lee County. There are no HOA fees associated with the property.
For buyers seeking a leased duplex, the current occupancy provides immediate income continuity through the stated lease term. Unit 1337 is leased for $850 per month, and unit 1339 is also leased for $850 per month. The combination of maintained condition, private-bath bedroom layouts, and the 2023 mechanical updates in unit 1339 make this duplex a practical option for residential income buyers looking to add a turnkey, occupied property.
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 | $24.0k | $13.20 |
| − Vacancy | −$1.8k | −$0.99 |
| EGI | $22.2k | $12.21 |
| − OpEx | −$6.7k | −$3.66 |
| NOI | $15.6k | $8.55 |
1,820 SF · lease $13.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$222.2K
$194.5K – $259.3K
NOI $15,556 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$207.9K
$181.9K – $242.6K
NOI $14,554 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$443.9K
$388.4K – $517.9K
NOI $31,072 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Lee
- State
- Alabama
- Longitude
- -85.453055
- Latitude
- 32.613377
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-leased duplex units in Auburn, each with private bathrooms and unit 1339 HVAC and water heater updated in 2023.
Where is this duplex located?
The property is located at 1337/1339 KENT Drive Auburn, AL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: All‑brick duplex built in 1993 with 1,820 total SF on a 0.25‑acre lot; Two units both leased through 7/26/27; Each unit has 2 bedrooms with a private bathroom in every bedroom
