1500 E Glenn Ave, Auburn, AL, 36830
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
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,630 | $139,560 |
| Home Insurance * | $1,065 | $12,780 |
| Property Taxes | $747 | $8,964 |
| Electricity | $907 | $10,887 |
| Total | $14,349 | $172,188 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $2,300,000 |
| 2026-02-05 | Listed for sale | $2,500,000 |
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