Fully Occupied Duplex with Central
For Sale
$265,000
2712 Clayton Drive, Huntsville, AL 35810
Residential Income, Huntsville, AL
Property Size2,256 SF
Lot Size0.20 Acres
Price / SF$117.46
Days on Market45
Property Features for 2712 Clayton Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Parking Lot
Appliances
W/D Hookup
Subdivision
Brentwood
Elementary school
Montview
Middle school
Chapman
High school
Lee High School
Directions
North On Pulaski Pike Nw, Right Onto Clayton Dr Nw, Property Is On The Left
Standard status
Active
APN
1408271001034.000
Size
2,256 SF
Lot size
0.20 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1979
Number of units
2
Listing Agency:
Gateway Al Realty Group LLC
(256) 509-2078
Listed By:
Len Johnson · License #40398
(256) 429-9360
Added: Jul 22
Changed: Aug 25
Last Checked: Sep 4 at 8:06AM
MLS# 21924463
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Investment Insights
Based on property information with market context.
This fully occupied duplex contains 2,256 square feet on a 0.1971-acre lot. Built in 1979, the property is equipped with central heating, central air conditioning, a washer/dryer hookup, and a parking lot. Public water and public sewer serve the site.
The property is located in Huntsville near the Research Park district, the University of Alabama college campus, and Redstone Arsenal. Its residential duplex configuration and existing occupancy provide a straightforward income-property profile, with inspections conducted after an accepted contract.
The property is located in Huntsville near the Research Park district, the University of Alabama college campus, and Redstone Arsenal. Its residential duplex configuration and existing occupancy provide a straightforward income-property profile, with inspections conducted after an accepted contract.
Key Highlights
- Fully occupied duplex with 2,256 square feet of building area
- 0.1971‑acre lot in Huntsville, AL
- Built in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,458
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$329,160
$329.2K
Cap Rate 7%
$235,114
$235.1K
Cap Rate 9%
$182,867
$182.9K
Market Conditions
NOI Build-Up for 2,256 SF
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.
Gross rent
$28.4K $12.60/SF
− Vacancy
−$4.9K −$2.18/SF
EGI
$23.5K $10.42/SF
− OpEx
−$7.1K −$3.13/SF
NOI
$16.5K $7.30/SF
Area
Huntsville, AL
Vacancy
17.29%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$329,160
Cap Rate 7%
$235,114
Cap Rate 9%
$182,867
Alternative Uses
Best Use
Multifamily LT 5
$235.1K
$205.7K – $274.3K
NOI $16,458 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$203.6K
$178.1K – $237.5K
NOI $14,250 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$587.5K
$514.0K – $685.4K
NOI $41,122 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 35810, AL
29,976
Population
13,283
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,067
Density / Sq Mi
$46,963
Median Household Income
$31,080
Median Earnings
$1,097
Median Rent
$126,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with central heating and air conditioning, public utilities, and on-site parking.
Where is this duplex located?
The property is located at 2712 Clayton Drive Huntsville, AL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Fully occupied duplex with 2,256 square feet of building area; 0.1971‑acre lot in Huntsville, AL; Built in 1979
