Huntsville Multi-Unit Investment
For Sale
$405,000
4913 Cotton Row NW, Huntsville, AL 35816
MULTI_FAMILY - Huntsville, AL
Property Size3,384 SF
Lot Size0.32 Acres
Price / SF$119.68
Days on Market25
Property Features for 4913 Cotton Row NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Off Street, Parking Lot, Driveway
Subdivision
Cotton Row Estates
Elementary school
Highland Elementary
Middle school
Mcnair
High school
Jemison
Directions
North On Sparkman Drive, Left On Cotton Row, Building On Left
Standard status
Active
APN
1409290001090000
Size
3,384 SF
Lot size
0.32 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1984
Number of units
4
Listing Agency:
Siven Realty
(256) 658-9196
Listed By:
Ken Roper · License #76519
(256) 658-9196
Added: Jul 8
Changed: Jul 28
Last Checked: Aug 1 at 10:06PM
MLS# 21909878
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Investment Insights
Based on property information with market context.
This well-maintained 4-plex multi-unit property is located in Huntsville, AL. Each unit features 2 bedrooms, 1 full bath, and a storage room. The property includes well-maintained landscaping and grounds. Its location offers convenient access to UAH, Oakwood University, Mid-City, and I-565. The property consists of 3384 square feet and sits on a 0.32-acre lot. It is currently being offered for sale as-is.
Key Highlights
- 4‑plex multi‑unit building built in 1984
- All units are 2BR/1 full bath with a storage room
- Public utilities: public water and public sewer
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 | $42.6k | $12.60 |
| − Vacancy | −$7.4k | −$2.18 |
| EGI | $35.3k | $10.42 |
| − OpEx | −$10.6k | −$3.13 |
| NOI | $24.7k | $7.30 |
3,384 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$352.7K
$308.6K – $411.4K
NOI $24,686 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$305.4K
$267.2K – $356.3K
NOI $21,375 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$881.2K
$771.1K – $1.03M
NOI $61,684 @ 7.0% cap · market cap 15.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 35816, AL
15,035
Population
7,972
Households
1.9
Avg Household Size
28
Median Age
27%
College-Educated
88%
High-School Grad
5.1 sq mi
ZIP Area
2,948
Density / Sq Mi
$38,947
Median Household Income
$28,060
Median Earnings
$875
Median Rent
$114,100
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?
Quadplex - Well-maintained 4-plex near UAH, Oakwood, Mid-City, and I-565.
Where is this quadplex located?
The property is located at 4913 Cotton Row NW Huntsville, AL.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: 4‑plex multi‑unit building built in 1984; All units are 2BR/1 full bath with a storage room; Public utilities: public water and public sewer