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About This Home

This 8-bedroom, 4-bathroom residential multi family at 307 Colony Dr in Enterprise, AL is listed for $190,000 ($52 per sqft). Built in 1981, the home offers 3,678 sqft of living space on a N/A lot.

Agent Description

Looking for a multi unit investment? This is the property for you. Long term tenants with a wait list. Current rent is $525-$575 with an increase when lease expires. All 1 year leases. Property Manager in place at 10% of rent. Home Warranty for each unit.

(4) - 2BR/1BA with an outside covered patio and utility room with W/D hookups. The property at 309 Colony Dr (triplex) is also for sale. See separate listing. Showings are limited due to tenant occupied and Property Manager schedule. Call Sheri to set up. Owner prefers CASH sale only.

Key Features

  • Built in 1981
  • 2 stories

Property Details

2 stories
4 full
1981

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

307 Colony Dr

Enterprise, AL 36330

Property Details

Flooring

LaminateCarpet

Appliances

RangeRefrigerator

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 307 Colony Dr is listed at $190,000 ($52/sqft). The estimated monthly payment is $823 based on 20% down at 6.5% interest.

Key features include: Built in 1981, 2 stories.

This property is listed by Sheri Thomson and can be reached at 3347010791 or sherisellsdothan@gmail.com.

ST

Sheri Thomson

Agent at Sweet Home Real Estate

(334) 701-0791

Listed by Sweet Home Real Estate · View on Broker Site

MLS# 196192· Source: listhub· Updated 844 days ago

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.

307 Colony Dr, Enterprise, AL 36330

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