Leased Duplex Investment
949/951 TISDALE Circle Auburn, AL 33680
For Sale
$310,000
Duplex with two 2-bedroom, 1-bath units at 949/951 Tisdale Circle, both currently leased through 7/20/2027.
Property Size1,863 SF
Price / SF$166.40
Days on Market75
Property Features for 949/951 TISDALE Circle
General Information
- Standard status
- Active
- Size
- 1,863 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1965
Listing Agency:
HAYLEY ENTERPRISES
(334) 750-4839
Listed By:
HAYLEY REAL ESTATE TEAM
(334) 750-4839
Source:
Exitrealty
Added: May 11
Changed: Jul 21
Last Checked: Jul 24 at 7:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HAYLEY ENTERPRISES
Investment Insights
Based on property information with market context.
This for-sale duplex at 949/951 Tisdale Circle includes two separate residential units, each configured as a 2-bedroom, 1-bath layout. The property is being offered with both units currently leased through 7/20/2027, providing ongoing rental income during the lease term.
Located inside the Auburn Loop and just minutes from downtown Auburn, Auburn University, shopping, dining, and entertainment, the property is positioned for continued tenant demand.
With two independently leased units in place, this duplex offers a straightforward income-producing structure for investors seeking an owner-managed or portfolio add opportunity.
Located inside the Auburn Loop and just minutes from downtown Auburn, Auburn University, shopping, dining, and entertainment, the property is positioned for continued tenant demand.
With two independently leased units in place, this duplex offers a straightforward income-producing structure for investors seeking an owner-managed or portfolio add opportunity.
Key Highlights
- Duplex at 949/951 Tisdale Cir with two 2‑bedroom, 1‑bath units
- Both units are currently leased through 7/20/2027
- Year built 1965
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 | $24.6k | $13.20 |
| − Vacancy | −$1.8k | −$0.99 |
| EGI | $22.7k | $12.21 |
| − OpEx | −$6.8k | −$3.66 |
| NOI | $15.9k | $8.55 |
1,863 SF · lease $13.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$227.5K
$199.0K – $265.4K
NOI $15,923 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$212.8K
$186.2K – $248.3K
NOI $14,898 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$454.4K
$397.6K – $530.1K
NOI $31,806 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units at 949/951 Tisdale Circle, both currently leased through 7/20/2027.
Where is this duplex located?
The property is located at 949/951 TISDALE Circle Auburn, AL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Duplex at 949/951 Tisdale Cir with two 2‑bedroom, 1‑bath units; Both units are currently leased through 7/20/2027; Year built 1965
