Renovated Duplex with Rental
105 7th Avenue Childersburg, AL 35044
105 7th Avenue, Childersburg, AL, 35044
$175,000
For Sale
$175,000
Fully renovated duplex in Childersburg, generating $1,465/month rental income.
Property Size2,087 SF
Price / SF$83.85
Days on Market143
Property Features for 105 7th Avenue
General Information
- Standard status
- Active
- Size
- 2,087 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing Agency
RE/MAX Advantage
(205) 540-4214
Listed by
Cassie Carter · License #102067
(205) 540-4214
Source
Exitrealty
Added: Feb 24 Checked: Jul 15 at 9:26 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage
Investment Insights
Based on property information with market context.
This fully renovated duplex is located in Childersburg. The property is currently generating $1,465 per month in rental income with tenants in place. One unit features 3 beds and 2 baths, while the other offers 2 beds and 1 bath. Both units include hardwood floors, granite countertops, updated kitchens and baths, and front porches. The property also has a metal roof and a flat lot. The property is professionally managed.
Key Highlights
- Cash‑flowing property with $1,465/month rental income and tenants in place.
- Fully renovated duplex with updated kitchens and baths.
- Professionally managed for passive income.
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 | $21.3k | $10.20 |
| − Vacancy | −$1.2k | −$0.59 |
| EGI | $20.1k | $9.61 |
| − OpEx | −$6.0k | −$2.88 |
| NOI | $14.0k | $6.73 |
2,087 SF · lease $10.20/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$200.5K
$175.5K – $234.0K
NOI $14,037 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$184.6K
$161.5K – $215.3K
NOI $12,920 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$426.9K
$373.5K – $498.0K
NOI $29,881 @ 7.0% cap · market cap 17.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully renovated duplex in Childersburg, generating $1,465/month rental income.
Where is this duplex located?
The property is located at 105 7th Avenue Childersburg, AL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Cash‑flowing property with $1,465/month rental income and tenants in place.; Fully renovated duplex with **updated kitchens and baths.**; Professionally managed for passive income.
