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    229 Co Rd, Unit 1223 Cullman, AL 35058

    New
    Picture of Multifamily properties at Co Rd 229, Cullman, AL
    Under Contract
    For Sale
    $249,900

    Multiple Dwellings - Cullman, AL

    Days on Market:
    6
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 229 Co Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    09-04-20-0-002-021.003
    Exterior features
    Irregular Lot

    Building Details

    Year built
    1976
    Floors in Building
    1
    Number of units
    4
    Architectural style
    Other

    Coldwell Banker Hill Real Estate (256) 734-1504 [email protected]

    Listing agent Sandra Morgan (256) 734-1504 License #058812

    Listing date Dec 1, 2025

    MLS# 524984 Listing URL

    Copyright © 2025 Shoals Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Producing Multifamily Property

    This multifamily property in Cullman, Alabama, presents an investment opportunity with three dwellings in one. It includes a house featuring 3 bedrooms and 3 baths, equipped with central heat and air, and a fenced yard. The roof was replaced in 2014. Additionally, there is another house with 2 bedrooms and 2 baths, also with central heat and air. New carpet was installed in 2024, and its roof was also replaced in 2014. The property also features a duplex. One unit of the duplex has 2 bedrooms and 1.5 baths with window heat and air installed in 2021, while the other unit offers 2 bedrooms and 1 bath with window heat and air installed in 2023. The duplex roof was replaced in 2014. A large workshop is also located on the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Cullman
    County
    Cullman
    State
    Alabama
    Longitude
    -86.8845869
    Latitude
    34.2507182

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property featuring a house, duplex, and workshop in Cullman.
    Where is this multifamily property located?
    The property is located at 229 Co Rd, Unit 1223 Cullman, AL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Income-producing multi-family property.; - Three dwellings in one: a 3-bedroom house, a 2-bedroom house, and a duplex.; - 2014 roof on all buildings.
    (256) 734-1504
    Request Owner's contact information
    229 Co Rd, Unit 1223 Cullman, AL 35058
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    Cullman, AL 35058
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    Realmo Value Estimation

    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

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    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.

    Alternative use

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

    More about this property
    229 Co Rd, Unit 1223 Cullman, AL 35058
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