1500 E Glenn Ave Auburn, AL 36830
For Sale
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Attention INVESTORS! Opportunities like this just minutes from Auburn University do not come often! This well-maintained apartment complex at 1500 E Glenn Avenue features 8 spacious units, each offering approximately 1,013 square feet with 2 bedrooms and 2 bathrooms, a highly desirable layout for student and professional renters alike. Built in 1985, the property is ideally positioned in a high-demand rental corridor with Tiger Transit access and walkable proximity to campus making it a consistently attractive option for tenants. Residents enjoy convenient access to shopping, dining, and major Auburn amenities, further strengthening long-term occupancy potential. Zoned CDD/DDH, this property offers flexibility for continued residential use and potential future development. The uniform unit sizes and layouts support efficient management, predictable maintenance, and strong leasing performance. With its prime location near Auburn University, reliable rental demand, and solid unit configuration, this property presents a rare opportunity for investors seeking stable cash flow, long-term appreciation, and portfolio growth in one of Auburn’s most sought-after areas. Ideal for both seasoned investors and those looking to expand into a proven market near campus, this is a turnkey asset in a premier location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.