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    Renovated Triplex in Hueytown, AL Title is generated by Realmo AI

    2010 HIGH SCHOOL ROAD, Hueytown, AL 35023

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    For Sale
    $344,900

    Triplex - HUEYTOWN, AL

    Type:Triplex
    Lot size:
    1.00 Acre
    Added:
    Apr 4, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 1 at 9:06 pm

    Property Features for 2010 HIGH SCHOOL ROAD

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Standard status
    Active
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1920
    Number of units
    3
    Architectural style
    Other

    We can help!

    Listing Contact
    Richard Smith
    Richard Smith

    Listing agent Richard Smith

    Listing office Alpha Smith Realty Group LLC 12084 Danny Drive, McCalla, AL

    Listing date Apr 4, 2026

    MLS# 21448766 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two Homes in One: Renovated main house plus a duplex for flexible living or income.
    • Acre Lot in Hueytown: Enjoy ample space and privacy on this large lot.
    • Renovated Main House: Features new HVAC (2022), roof (2020), fixtures, wiring, plumbing, and is move‑in ready.
    • Renovated Duplex Apartment: Includes a fully renovated 1‑bedroom apartment with appliances and laundry.
    • Updated Duplex: New metal roof (2020) and roughed‑in plumbing/electrical on the unfinished side (2023).
    • Home Warranty: Benefit from a 1‑year home warranty for added assurance.

    Overview

    This property in Hueytown, Alabama, features two homes in one on an acre of land. The main house, with almost 2000 square feet, includes 3 bedrooms, 1 bathroom, and 3 coal-burning fireplaces. It features large living and dining rooms, a new bathroom, and a new laundry room. The main home is move-in ready and has been renovated inside, including a new HVAC system installed in March 2022, a new roof installed in August 2020 with 30-year architectural shingles, new fixtures and ceiling fans, new wiring, plumbing, gas lines, and a gas log heater in the living room, as well as a new front porch railing. A one-year home warranty is included. The duplex behind the main house has around 1400 square feet. One side features a fully renovated apartment with 1 bedroom, 1 bath, living room, laundry room, and kitchen, including appliances and a connected storage room that could serve as an additional bedroom. The other side of the duplex has new plumbing and electrical roughed in as of 2025 and requires a floor and finishing. The duplex was completely updated as of 2023, including a new metal roof installed in September 2020. An additional 0.3 acres is available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Hueytown
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.996206
    Latitude
    33.449298

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    FAQs

    What type of property is this?
    Triplex - Two homes in one on an acre in Hueytown.
    Where is this triplex located?
    The property is located at 2010 HIGH SCHOOL ROAD Hueytown, AL.
    What is the asking price?
    The asking price for this property is $344,900.
    What are key features of this property?
    This property features: Two Homes in One: Renovated main house plus a duplex for flexible living or income.; Acre Lot in Hueytown: Enjoy ample space and privacy on this large lot.; Renovated Main House: Features new HVAC (2022), roof (2020), fixtures, wiring, plumbing, and is move‑in ready.
    (205) 433-9840
    We can help!
    Listing Contact
    Richard Smith
    Richard Smith
    Real Estate License ID: 111049
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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