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Duplex With Two Occupied Units
New
For Sale
$199,000

1401 MAGNOLIA Street, Opelika, AL 36801

MULTI_FAMILY - OPELIKA, AL

Property Size2,385 SF
Lot Size0.30 Acres
Price / SF$83.44
Days on Market1

Property Features for 1401 MAGNOLIA Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport, Open
Subdivision ZUBER VALLEY
Elementary school CARVER ELEMENTARY
Directions Follow google maps
Standard status Active
Size 2,385 SF
Lot size 0.30 Acres

Utilities

Utilities Cable Available
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)

Amenities

fully fenced backyard

Building Details

Year built 1965
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl
Listing Agency: EXP REALTY - ACUFF WEEKLEY GROUP
Listed By: CADIE SHIRLEY
Added: Aug 17 Last Checked: Aug 17 at 6:06PM
MLS# 181738

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 contains 2,385 square feet on a 0.3-acre parcel, with a two-bedroom, one-bath unit and a three-bedroom, one-bath unit. Both residences are occupied under month-to-month leases. Tenants handle their own utilities and lawn maintenance. The property includes a fully fenced backyard, carport parking, and open parking areas. Interior finishes include carpet and vinyl flooring, with forced-air natural gas heating and window-unit cooling. Built in 1965, the building also has cable availability.

Located at 1401 Magnolia Street in Opelika, the property sits next to the police station and provides access to downtown, shopping, and dining. Its configuration supports separate residential occupancy within a single multifamily asset.

Key Highlights

  • 2,385‑square‑foot duplex on a 0.3‑acre parcel
  • Unit mix includes 2 bedrooms/1 bathroom and 3 bedrooms/1 bathroom
  • Both units occupied under 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
Yes
Utilities to site

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two tenant-occupied residences offer month-to-month rental arrangements and separately paid utilities.
Where is this duplex located?
The property is located at 1401 MAGNOLIA Street 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 on a 0.3‑acre parcel; Unit mix includes 2 bedrooms/1 bathroom and 3 bedrooms/1 bathroom; Both units occupied under month‑to‑month leases
More about this property
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