Duplex With Two Leased
949/951 TISDALE Circle, Auburn, AL 33680
For Sale
$295,000
Multi-Family, AUBURN, AL
Property Size1,863 SF
Lot Size0.51 Acres
Price / SF$158.35
Days on Market183
Property Features for 949/951 TISDALE Circle
General Information
Property type
Property subtype
Parking features
Subdivision
Elementary school
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Listing Agency:
HAYLEY ENTERPRISES
(334) 750-4839
Listed By:
HAYLEY REAL ESTATE TEAM
(334) 821-8624
Added: May 11
Changed: Oct 26
Last Checked: Nov 9 at 6:06AM
MLS# 180423
Copyright © 2026 Lee County 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.
The property at 949/951 Tisdale Circle is a duplex containing two 2-bedroom, 1-bathroom residences within 1,863 square feet. Built in 1965, the building features vinyl and carpet flooring, heat pump heating, electric cooling, central air, and open parking. Cable is available.
Both units are leased through 7/20/2027. The property occupies 0.51 acres inside the Auburn Loop, with convenient access to downtown Auburn, Auburn University, shopping, dining, and entertainment. Its two-unit configuration and established leases provide a straightforward residential income profile in Auburn.
Both units are leased through 7/20/2027. The property occupies 0.51 acres inside the Auburn Loop, with convenient access to downtown Auburn, Auburn University, shopping, dining, and entertainment. Its two-unit configuration and established leases provide a straightforward residential income profile in Auburn.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- Both units leased through 7/20/2027
- 1,863 square feet on 0.51 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,923
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,460
$318.5K
Cap Rate 7%
$227,471
$227.5K
Cap Rate 9%
$176,922
$176.9K
Market Conditions
NOI Build-Up for 1,863 SF
Gross rent
$24.6K $13.20/SF
− Vacancy
−$1.8K −$0.99/SF
EGI
$22.7K $12.21/SF
− OpEx
−$6.8K −$3.66/SF
NOI
$15.9K $8.55/SF
Area
Lee County, AL
Vacancy
7.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,460
Cap Rate 7%
$227,471
Cap Rate 9%
$176,922
Alternative Uses
Best Use
Multifamily LT 5
$227.5K
$199.0K – $265.4K
NOI $15,923 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$212.8K
$186.2K – $248.3K
NOI $14,898 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$454.4K
$397.6K – $530.1K
NOI $31,806 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Lee County, AL
Properties on Market for Duplexes in Lee County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased through 7/20/2027 and include central air with electric cooling.
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 $295,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; Both units leased through 7/20/2027; 1,863 square feet on 0.51 acres
