About This Home

This 0-bedroom, 0-bathroom residential multi family at 123 N DONAHUE Drive in Auburn, AL is listed for $3,350,000 ($968 per sqft). Built in 1994, the home offers 3,462 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1994
  • 0.26 acre lot
  • 2 stories

Property Details

2 stories
1994

Amenities

A/C
Listing Description

INVESTMENT OPPORTUNITY NEAR AUBURN UNIVERSITY! Acquire 4 fully occupied, updated units in a highly desirable Auburn location, approximately half a mile from downtown Auburn and convenient to Auburn University & Jordan-Hare Stadium. All 4 units are being sold together as one property, offering investors an established, income-producing multifamily asset with tenants already in place.

The property consists of 4 individual units with a combined 8 bedrooms & 8 bathrooms. Each unit features updated interiors with durable LVP flooring & functional living spaces. With all 4 units currently occupied, a new owner can step into an established rental property without the immediate need to market vacant units or secure new tenants.

For investors looking beyond traditional long-term rentals, the location also creates an attractive opportunity for a future short-term rental or Airbnb strategy. Proximity to Auburn University, Jordan-Hare Stadium, downtown Auburn, & the surrounding campus district positions the property well for football weekends, university events, graduations, alumni weekends, & other year-round activities.

Situated next door to Momma Goldberg's, the property offers convenient access to restaurants, shopping, entertainment, campus, & downtown. The combination of 4 individual units, existing occupancy, updated interiors, & flexibility for both long-term & short-term rental strategies makes this a compelling multifamily investment opportunity in the Auburn market.

SHOWING REQUIREMENTS: Listing Agent must be present for all property showings. The property is tenant-occupied, and a minimum of forty-eight (48) hours' notice is required prior to any showing. Prospective Buyers must provide satisfactory proof of funds prior to any showing being scheduled or conducted. FINANCIAL INFORMATION: Prospective Buyers should contact the Listing Agent for the current rent roll and other available profit and loss (P&L) financial information pertaining to the property.

Monthly Cost Estimate

$17,917/mo

20% down · 6.5% · 30 years

Principal$2,423
Interest$14,517
Insurance$977

Estimates only. Actual payments may vary.

Location

123 N DONAHUE Drive

Auburn, AL 36832

AUBURN

Property Details

Parking

Open

Heating

Electric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 123 N DONAHUE Drive is listed at $3,350,000 ($968/sqft). The estimated monthly payment is $17,916 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1994, 0.26 acre lot, 2 stories.

This property is listed by JOHNNY MANN.

JM

JOHNNY MANN

Agent at EXP REALTY - AUBURN OPELIKA

Listed by EXP REALTY - AUBURN OPELIKA · Broker phone: 334-663-2950 · View on Broker Site · Broker website

MLS# 182392· Source: Lee County Association of Realtors· 44 days on PropertySimple

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.

123 N DONAHUE Drive, Auburn, AL 36832

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