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Three-Unit Residential Income Property

309 Colony Dr Enterprise, AL 36330

Claim this Listing
Pending
$170,000

MULTI_FAMILY - Enterprise, AL

Property size:
2,736 SF
Added:
Feb 8, 2024
Days on Market:
887
Last Refresh:
Jul 14 at 11:06 am

Property Features for 309 Colony Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5
Appliances
Range, Refrigerator
Standard status
Pending
APN
16051520000020017
Size
2,736 SF

Utilities

Sewer type
Public Sewer
Water source
Public
Water front features
Waterfront

Building Details

Year built
1981
Floors in Building
2
Flooring type
Laminate, Carpet

Listing agent Sheri Thomson License #136101

Listing office Sweet Home Real Estate 1816 W Main St, Dothan, AL

Listing date Feb 8, 2024

MLS# 196194 Listing URL

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.


Investment Insights

Based on property information with market context.

This for-sale triplex includes three 2-bedroom, 1-bath units. An outside utility area is available for each unit and includes washer/dryer hookups. The offering is described as having long-term tenants, with limited showings due to tenant occupancy and the property manager’s schedule.

The property is located at 309 Colony Dr in Enterprise, Alabama (Coffee County). The listing notes two available properties, 307 and 309 Colony Dr, offered as separate listings. A property manager is in place, and home warranty coverage is stated for each unit.

Each unit is reported to be on a 1-year lease term with rent in the $525–$575 range. The owner prefers cash sale only.

Key Highlights

  • Multi‑unit investment with three 2BR/1BA units
  • Long‑term tenants; all 1‑year leases currently at $525–$575 rent with waiting list reported
  • Property manager in place; home warranty provided for each unit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Garden Center Kitchen & Bath Showroom Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex with three 2-bedroom, 1-bath units, each served by outside utility space with washer/dryer hookups.
Where is this triplex located?
The property is located at 309 Colony Dr Enterprise, AL.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Multi‑unit investment with three 2BR/1BA units; Long‑term tenants; all 1‑year leases currently at $525–$575 rent with waiting list reported; Property manager in place; home warranty provided for each unit
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