Duplex With Front
For Sale
$200,000
912 S Oates St., Dothan, AL 36301
Residential Income, Dothan, AL
Property Size2,200 SF
Lot Size0.28 Acres
Price / SF$90.91
Days on Market143
Property Features for 912 S Oates St.
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2
Parking features
Garage - Attached
Appliances
Cook Top, Electric Water Heater, Range, Refrigerator
Elementary school
Girard Primary/Intermediate
Middle school
Dothan Prep/Carver 9th
High school
Dothan High School (Grades 10 - 12)
Subdivision
3 SE-Inside Circle
Standard status
Active
APN
09-07-25-2-002-004-001
Size
2,200 SF
Lot size
0.28 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Water front features
Waterfront
Building Details
Year built
1930
Floors in Building
3
Flooring type
Laminate, Carpet, Vinyl
Listing Agency:
Coldwell Banker/Alfred Saliba · Coldwell Banker Real Estate
(334) 793-6600
Listed By:
Amy Brown · License #718940
(334) 797-5180
Added: May 27
Changed: Sep 13
Last Checked: Oct 16 at 9:06PM
MLS# 213270
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 2,200-square-foot duplex property includes two separate apartments and an office positioned at the front of the building. The occupied apartment contains three bedrooms, one bathroom, an attached garage, a deck off the primary bedroom, and storage beneath the unit. The second apartment is vacant and has one bedroom, one bathroom, updated flooring, fresh paint, and appliances. Existing appliances include a cooktop, range, refrigerator, and electric water heater, with laminate, vinyl, and carpet flooring throughout the property.
Set on a 0.28-acre waterfront parcel at 912 S Oates St. in Dothan, the property has public water and public sewer service. Built in 1930, it combines residential units with an office component in a single property.
Set on a 0.28-acre waterfront parcel at 912 S Oates St. in Dothan, the property has public water and public sewer service. Built in 1930, it combines residential units with an office component in a single property.
Key Highlights
- 2,200 SF property with two separate apartments and a front office
- One apartment has 3 bedrooms, 1 bathroom, an attached garage, deck, and under‑unit storage
- Second apartment includes 1 bedroom, 1 bathroom, updated flooring, paint, and appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,944
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,880
$338.9K
Cap Rate 7%
$242,057
$242.1K
Cap Rate 9%
$188,267
$188.3K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$27.7K $12.60/SF
− Vacancy
−$5.1K −$2.33/SF
EGI
$22.6K $10.27/SF
− OpEx
−$5.6K −$2.57/SF
NOI
$16.9K $7.70/SF
Area
Houston County, AL
Vacancy
18.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,880
Cap Rate 7%
$242,057
Cap Rate 9%
$188,267
Alternative Uses
Best Use
Mixed Use
$280.0K
$245.0K – $326.7K
NOI $19,602 @ 7.0% cap · market cap 9.80%
Second Best
Office B
$242.1K
$211.8K – $282.4K
NOI $16,944 @ 7.0% cap · market cap 8.47%
Theoretical Best
Healthcare Medical
$388.8K
$340.2K – $453.7K
NOI $27,219 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 36301, AL
38,447
Population
17,872
Households
2.2
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
89.2 sq mi
ZIP Area
431
Density / Sq Mi
$49,124
Median Household Income
$35,333
Median Earnings
$886
Median Rent
$156,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments accompany a separate front office, with one unit updated and the other offering an attached garage and deck.
Where is this duplex located?
The property is located at 912 S Oates St. Dothan, AL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,200 SF property with two separate apartments and a front office; One apartment has 3 bedrooms, 1 bathroom, an attached garage, deck, and under‑unit storage; Second apartment includes 1 bedroom, 1 bathroom, updated flooring, paint, and appliances
