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168 E University Dr, Auburn, AL, 36832

1beds
1baths
576sqft
$139,000
$241price/sqft
$1,030/moest. monthly cost
$41,200/yrincome needed

About This Home

Investment Opportunity in the Heart of Auburn! This well-maintained 1-bedroom, 1-bath condominium offers efficient living space and is currently leased through July 31, 2027, providing immediate rental income for investors. The all-electric floor plan features a living area, functional kitchen, and spacious bedroom with ample closet space. Conveniently located just minutes from Auburn University, shopping, dining, and Tiger Transit, Lakewood Commons remains a popular choice for students and professionals alike. Community amenities include a swimming pool, clubhouse, and ample parking. HOA dues cover exterior building maintenance, common area maintenance, landscaping, exterior pest control, water/sewer and professional association insurance and management. Whether you're expanding your investment portfolio or looking for a low-maintenance income-producing property, this condo is an excellent opportunity in a highly desirable Auburn location.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

10/10
Auburn Early Ed CenterGrades K-21.5 mi
10/10
East Samford SchoolGrades 6-71.8 mi
8/10
Auburn High SchoolGrades 10-123.2 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Slab
  • Construction materials: Brick Veneer

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Some Electric Appliances,Dryer,Dishwasher,Electric Range,Disposal,Refrigerator,Stove,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Primary Downstairs
  • Flooring: Plank,Simulated Wood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 576

Heating & Cooling

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

Interior Area

  • Total interior livable area: 576 sqft

Property

Details

  • Parcel number: 1901010000018.084

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Fencing: None

Lot

  • Features: None

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

  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Heat Wave
Strong Wind

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

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

MonthlyAnnual
Mortgage $702$8,424
Home Insurance *$43$516
Property Taxes $45$540
Electricity $240$2,881
Total$1,030$12,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,314/yr
40% on housing$30,900/yr
45% on housing$27,466/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 36832$169
Lee County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 36832$187
Lee County$176

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)

Price History

DateEventPrice
2026-07-30Listed for sale$139,000

For Sale by Agent

AgentMICHELLE SMITH
BrokerageAUBURN REALTY

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