# 307 Colony Dr, Enterprise, AL 36330

> **TL;DR:** 8bd/4ba residential multi family, $190,000 ($52/sqft), built 1981, 3,678 sqft. Est. $823/mo. Listed 844 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $190,000 |
| Price/sqft | $52 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 3,678 |
| Year Built | 1981 |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 844 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $823 |
| **Total** | **$823** |

## Nearby Schools

- **Elementary:** Hillcrest Elementary School
- **Middle:** Dauphin Jr. High School
- **High:** Enterprise

## Property Highlights

- Built in 1981
- 2 stories

## Description

### 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.

## Location

- **Address:** 307 Colony Dr, Enterprise, AL 36330
- **County:** Coffee
- **Coordinates:** 31.3239302, -85.8410967
- **Google Maps:** https://www.google.com/maps?q=31.3239302,-85.8410967

## Listing Agent

- **Name:** Sheri Thomson
- **Brokerage:** Sweet Home Real Estate
- **Phone:** 3347010791
- **Email:** sherisellsdothan@gmail.com

## Primary Photo

![307 Colony Dr - Primary Photo](http://lh.rdcpix.com/a3ef5d1098e12e67834400e5eb67e71al-f254421463r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/307-colony-dr-enterprise-al-36330-l196192)*

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**MLS#:** 196192 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/307-colony-dr-enterprise-al-36330-l196192)

---

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