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1500 E Glenn Ave, Auburn, AL, 36830

16beds
16baths
8,108sqft
$2,300,000
$284price/sqft
$14,349/moest. monthly cost
$573,960/yrincome needed

About This Home

Attention INVESTORS! Opportunities like this just minutes from Auburn University do not come often! This well-maintained apartment complex at 1500 E Glenn Avenue features 8 spacious units, each offering approximately 1,013 square feet with 2 bedrooms and 2 bathrooms, a highly desirable layout for student and professional renters alike. Built in 1985, the property is ideally positioned in a high-demand rental corridor with Tiger Transit access and walkable proximity to campus making it a consistently attractive option for tenants. Residents enjoy convenient access to shopping, dining, and major Auburn amenities, further strengthening long-term occupancy potential. Zoned CDD/DDH, this property offers flexibility for continued residential use and potential future development. The uniform unit sizes and layouts support efficient management, predictable maintenance, and strong leasing performance. With its prime location near Auburn University, reliable rental demand, and solid unit configuration, this property presents a rare opportunity for investors seeking stable cash flow, long-term appreciation, and portfolio growth in one of Auburn’s most sought-after areas. Ideal for both seasoned investors and those looking to expand into a proven market near campus, this is a turnkey asset in a premier location.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

10/10
10/10
Auburn Jr High SchoolGrades 8-91.2 mi
7/10
Auburn High SchoolGrades 10-120.4 mi

Construction

Condition

  • Year built: 1985

Materials

  • Construction materials: Brick Veneer,Cement Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 16

Features

  • Flooring: Carpet,Plank,Simulated Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 8,108 sqft

Property

Details

  • Parcel number: 0908282000009.001

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1.02 Acres
  • Features: 1-3 Acres

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes