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$612,500 Sold

1761 Wire Rd, Auburn, AL 36832, USA

5 bd 5 ba 2,884 sq ft 0.00 acres
Sold $612,500 on May 19, 2026
1761 Wire Rd, Auburn, AL 36832, USA
5 bd 5 ba 2,884 sq ft 0.00 acres
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$623,828 Estimated Value $561,445 – $686,211 Based on 6 similar sales
4.7 mo Absorption Rate Balanced Market 155 active · 33.3/mo sold
98.6% List-to-Sale Ratio Sellers get close to asking
61 Avg Days on Market Longer time to sell

Sold for $612,500 on May 19, 2026

Est. today $623,828 +$11,328 (+1.8%)

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At today's 6.5% rate with 10% down, a buyer would pay ~$3,549/mo for a home at this value.

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1761 Wire Rd, Auburn, AL 36832, USA

Description

Exceptional investment opportunity featuring FIVE 1-bedroom, 1-bath condos in a highly desirable location directly across from the veterinary school. All units are ground-floor, offering easy access and strong rental appeal. Each condo is leased through July 2027, providing immediate and stable income with long-term leases already in place—perfect for investors seeking a turnkey, low-maintenance addition to their portfolio. The location is a standout, consistently attracting student and faculty tenants due to its close proximity to campus and everyday conveniences. First-floor units are always in demand, helping support continued occupancy and tenant retention. Community features 2 outdoor swimming pools, tennis courts, basketball goal and mature trees throughout. Whether you’re expanding your portfolio or looking for a solid entry into investment real estate, this package offers reliable cash flow, prime location, and proven rental history. Total MONTHLY rent through July 2026 = $4,150. July 2026-July 2027=$4,500

Property Details

Property Type
Residential
Bedrooms
5
Bathrooms
5
Living Area
2,884 sq ft
Lot Size
0.00 acres
Year Built
1984
Subdivision
BROOKES CONDOMINIUMS
County
Lee
Sold Price
$612,500
Sold Date
May 19, 2026
Last List Price
$650,000
Last List Date
April 2, 2026

Price History

  1. Sold MLS# 179774 $612,500
  2. Price Reduced MLS# 179774 $650,000 -$260,000
  3. Listed MLS# 179774 $650,000

Location

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