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.
For sale
$625,000
115 W Drake Ave, Auburn, AL 36830
2beds
1,012sqft
Multi Family
Built in 1955
-- sqft lot
$589,000 Zestimate®
$618/sqft
$-- HOA
What's special
- 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
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $625,000$618/sqft |
Source: My State MLS #11908954 Report a problem | ||
| 5/1/2026 | Listing removed | $625,000$618/sqft |
Source: LCMLS #172236 Report a problem | ||
| 4/22/2025 | Price change | $625,000-8.1%$618/sqft |
Source: LCMLS #172236 Report a problem | ||
| 10/30/2024 | Listed for sale | $680,000$672/sqft |
Source: LCMLS #172236 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






