Dothan Duplex with
912 S Oates St., Dothan, AL 36301
New
- Added:
- May 27, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 2 at 2:06 pm
Property Features for 912 S Oates St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2
- 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, Vinyl, Carpet
Listing agent Amy Brown (334) 797-5180
Listing office Coldwell Banker/Alfred Saliba 410 N. Shady Lane, AL (334) 793-6600
Listing date May 27, 2026
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.
HighLights
- Waterfront property.
- Duplex with two separate apartments offers income potential.
- Vacant 1 bed, 1 bath apartment is updated with new flooring, paint, and appliances.
- One apartment features 3 bedrooms, 1 bathroom, garage, and deck off the master bedroom.
- Includes a separate office space.
- Attached garage parking.
Overview
This property features a duplex with two separate apartments and an office. One apartment is tenant-occupied and includes 3 bedrooms, 1 bathroom, a garage, a deck off the master bedroom, and storage underneath. The second apartment is vacant and has been updated with new flooring, paint, and appliances. The property is located in Dothan, AL, on a lot of 0.28 acres. The total property size is 2200 square feet.
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 | $19.8k | $9.00 |
| − Vacancy | −$1.3k | −$0.59 |
| EGI | $18.5k | $8.42 |
| − OpEx | −$5.6k | −$2.52 |
| NOI | $13.0k | $5.89 |
2,200 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$185.1K
$162.0K – $216.0K
NOI $12,959 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$171.9K
$150.5K – $200.6K
NOI $12,036 @ 7.0% cap · market cap 6.02%
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 Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.3933579
- Latitude
- 31.2125483
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex with tenant-occupied unit, updated vacant unit, plus office.
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: Waterfront property.; Duplex with two separate apartments offers income potential.; Vacant 1 bed, 1 bath apartment is updated with new flooring, paint, and appliances.
