Well-Maintained Duplex with
16985 State Highway 104 Silverhill, AL 36576
16985 State Highway 104, Silverhill, AL, 36576
$445,000
For Sale
$445,000
SINGLE_FAMILY - Silverhill, AL
Property Size2,309 SF
Lot Size0.80 Acres
Price / SF$192.72
Days on Market48
Property Features for 16985 State Highway 104
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 2
- Parking features
- Garage
- Appliances
- Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator, Smoke Detector, Washer
- Standard status
- Active
- APN
- 47-01-02-4-000-006.005
- Size
- 2,309 SF
- Lot size
- 0.80 Acres
Taxes and HOA fees
- Tax Description
- 189.7 X 180 Lot 1 Rick & Sharon Byrnes Sub Slide 1970-B I N The City Of Silverhill Sec 2-T6s-R3e (Qcd)
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Flooring type
- Engineered, Other floors-see remarks
- Roof type
- Metal
- Architectural style
- Other
Listing agency
Bellator Real Estate, LLC Fair
(251) 990-8838
Listed by
Terryl Reeves · License #81038-3
(251) 209-7484
Added: Jun 5 Updated: Jul 21 at 5:55PM Checked: Jul 22 at 12:06PM
MLS# 397682
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a well-maintained duplex featuring two move-in-ready units. Each unit includes tall ceilings, abundant natural light from numerous windows, and spacious living and dining areas, along with an attached single-car garage. The primary suite in each unit offers elevated ceilings, a generous ensuite bath, and a large walk-in closet.
The home is covered by a durable metal roof. Additional improvements include a detached 12x20 storage unit, and the property sits on a large lot (0.8 acres), providing room for potential future development subject to local approvals.
Buyer due diligence is required to verify all information.
The home is covered by a durable metal roof. Additional improvements include a detached 12x20 storage unit, and the property sits on a large lot (0.8 acres), providing room for potential future development subject to local approvals.
Buyer due diligence is required to verify all information.
Key Highlights
- Well‑maintained duplex built in 2001 in Silverhill, offering flexible setup for investors or multigenerational living
- Each unit includes a single‑car attached garage, tall ceilings, abundant natural light from numerous windows, and spacious living and dining areas
- Each unit primary suite features elevated ceilings, a generous ensuite bath, and a large walk‑in closet
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.9k | $13.80 |
| − Vacancy | −$1.7k | −$0.72 |
| EGI | $30.2k | $13.08 |
| − OpEx | −$9.1k | −$3.92 |
| NOI | $21.1k | $9.16 |
2,309 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.1K
$264.3K – $352.4K
NOI $21,145 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$268.9K
$235.3K – $313.7K
NOI $18,821 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$555.3K
$485.9K – $647.8K
NOI $38,869 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two move-in-ready units, each with tall ceilings, multiple windows, and an attached single-car garage.
Where is this duplex located?
The property is located at 16985 State Highway 104 Silverhill, AL.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 2001 in Silverhill, offering flexible setup for investors or multigenerational living; Each unit includes a single‑car attached garage, tall ceilings, abundant natural light from numerous windows, and spacious living and dining areas; Each unit primary suite features elevated ceilings, a generous ensuite bath, and a large walk‑in closet
