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1500 Glenn ave - GlenHaven Apartments 8 Unit Apartment Building Offered at $2,500,000 Auburn, AL 36830

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Investment Highlights

  • Tiger Transit pickup available
  • Close to campus
  • in unit laundry
  • Centrally located to shopping
  • Walkable to restaurants
  • on site parking

Executive Summary

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.

Property Facts

Price $2,500,000
Price Per Unit $312,500
Sale Type Investment
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 1.02 AC
Building Size 9,100 SF
No. Stories 2
Year Built 1985
Opportunity Zone Yes
Zoning CDD/DDH - CDD/DDH

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 - 1,013
2+2 2 - 1,013
2+2 3 - 1,013
2+2 4 - 1,013
2+2 5 - 1,013
2+2 6 - 1,013
2+2 7 - 1,013
2+2 8 - 1,013
  • Listing ID: 39340545

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 1500 Glenn ave, Auburn, AL 36830

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