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For sale
  • $625,000

    115 W Drake Ave, Auburn, AL 36830

    2beds
    1,012sqft
    : 
    $3,737/mo
    Get pre-qualified
    Multi Family
    Built in 1955
    -- sqft lot
    $589,000 Zestimate®
    $618/sqft
    $-- HOA

    What's special

    One of the last duplexes near Downtown Auburn! Located just a half mile from Toomer's Corner, 115 Drake Avenue is a rare investment opportunity with both units currently leased, providing immediate rental income. The detached rear outbuilding offers excellent potential for storage, a workshop, or future expansion. Qualified buyers may have access to 0% down financing, closing cost assistance, preferred rate incentives, and other exclusive buyer discounts. Need to sell your current home first? If you buy this property, we'll buy yours!* For added peace of mind, this home also includes our 12-Month Buyer Satisfaction Guarantee-if your needs change, we'll sell it for free.* Completely rebuilt down to the studs in 2020, the property features all-new plumbing, electrical, roof, interior, exterior, and quality finishes throughout, offering the feel of a brand-new home. Contact the listing agent for current rental information, renovation details, and to learn more about our exclusive buyer programs.
    34 days
    397
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Hayley 334-750-4839,

    Your Sold Sold Guaranteed Realty-Local Experts

    Source: My State MLS,MLS#: 11908954

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Kitchen, Master Bedroom
      Basement
      • Area: 0
      Heating
      • Electric, Heat Pump
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Oven, Washer
      Features
      • Flooring: Tile
      • Basement: Slab
      • Has fireplace: No
      Interior area
      • Total structure area: 1,012
      • Total interior livable area: 1,012 sqft
      • Finished area above ground: 1,012
      Video & virtual tour

      Property

      Features
      • Stories: 1
      Lot
      • Size: 1,012 Square Feet
      Details
      • Additional structures: Shed(s), General Outbuilding, Guest House, Gym
      • Parcel number: 0909302001002000
      • Lease amount: $0

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Masonry - Concrete Block, Stone Siding, Stucco Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1955
      • Major remodel year: 2020

      Utilities & green energy

      • Electric: Amps(0)

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Auburn

      Financial & listing details

      • Price per square foot: $618/sqft
      • Tax assessed value: $162,700
      • Annual tax amount: $1,757
      • Date on market: 7/30/2026
      • Date available: 07/29/2026

        Estimated market value

        $589,000

        $560,000 - $618,000

        $1,482/mo

        Price history

        DateEventPrice
        8/6/2026Listed for sale$625,000$618/sqft
        Source: My State MLS #11908954 Report a problem
        5/1/2026Listing removed$625,000$618/sqft
        Source: LCMLS #172236 Report a problem
        4/22/2025Price change$625,000-8.1%$618/sqft
        Source: LCMLS #172236 Report a problem
        10/30/2024Listed for sale$680,000$672/sqft
        Source: LCMLS #172236 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,757 +2.8%$32,540 +2.8%
        2024$1,709 +6%$31,640 +6%
        2023$1,612 +6.8%$29,860 +6.8%
        2022$1,510 +6.2%$27,960 +6.2%
        2021$1,421 +6.8%$26,320 +6.8%
        2020$1,331 +4.1%$24,640 +4.1%
        2019$1,279 +73.4%$23,680 +73.4%
        2018$738 $13,660 +16.4%
        2015$738 +16.4%$11,740
        2014$634 $11,740 +0.5%
        2013-- $11,680
        2012-- $11,680 -1.5%
        2011-- $11,860 -0.8%
        2010-- $11,960 +5.3%
        2009-- $11,360
        2008-- $11,360 +29.7%
        2005-- $8,760 -2.7%
        2004-- $9,000 +3%
        2003-- $8,740
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36830

        Getting around

        82 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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