Duplex with Front
912 S Oates St. Dothan, AL 36301
912 S Oates St., Dothan, AL, 36301
$200,000
For Sale
$200,000
MULTI_FAMILY - Dothan, AL
Property Size2,200 SF
Lot Size0.28 Acres
Price / SF$90.91
Days on Market52
Property Features for 912 S Oates St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
- Parking features
- Garage - Attached
- Appliances
- Cook Top, Electric Water Heater, Range, Refrigerator
- 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
(334) 793-6600
410 N. Shady Lane, AL
Listed by
Amy Brown
(334) 797-5180
Added: May 27 Checked: Jul 17 at 3:06 pm
MLS# 213270
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 property combines a duplex at the rear with an office space in front, sold together. The duplex contains two separate apartments. One unit is currently occupied and features three bedrooms and one bathroom, along with a garage, a deck off the master, and storage underneath. The second apartment is vacant and has been updated with new flooring, paint, and appliances, offering one bedroom and one bathroom.
The office is part of the same overall offering and is located in front of the duplex. The property sits on a compact lot measuring 0.28 acres in Dothan, Alabama.
For buyers looking for flexibility, the layout supports multiple uses under one roof: a front office space paired with a two-unit duplex at the back. It may appeal to owners seeking an on-site setup where an office can be used for business purposes while the duplex provides additional rental income potential, given the current occupancy of one unit and ready-to-rent condition of the updated second unit.
The office is part of the same overall offering and is located in front of the duplex. The property sits on a compact lot measuring 0.28 acres in Dothan, Alabama.
For buyers looking for flexibility, the layout supports multiple uses under one roof: a front office space paired with a two-unit duplex at the back. It may appeal to owners seeking an on-site setup where an office can be used for business purposes while the duplex provides additional rental income potential, given the current occupancy of one unit and ready-to-rent condition of the updated second unit.
Key Highlights
- Duplex property with a separate office in front; all units sold together for $200,000 for all
- One apartment has 3 bedrooms, 1 bathroom, a garage, and a deck off the master, plus storage underneath
- Second apartment is vacant with 1 bedroom and 1 bathroom, updated with new flooring, paint, and appliances
Local Financial Insights For Office B
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 | $27.7k | $12.60 |
| − Vacancy | −$5.1k | −$2.33 |
| EGI | $22.6k | $10.27 |
| − OpEx | −$5.6k | −$2.57 |
| NOI | $16.9k | $7.70 |
2,200 SF · lease $12.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$242.1K
$211.8K – $282.4K
NOI $16,944 @ 7.0% cap · market cap 8.47%
Second Best
Multifamily LT 5
$185.1K
$162.0K – $216.0K
NOI $12,959 @ 7.0% cap · market cap 6.48%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Income-generating duplex with two apartments plus a front office space for combined live-work use.
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: Duplex property with a separate office in front; all units sold together for $200,000 for all; One apartment has 3 bedrooms, 1 bathroom, a garage, and a deck off the master, plus storage underneath; Second apartment is vacant with 1 bedroom and 1 bathroom, updated with new flooring, paint, and appliances
