Four-Unit Quadplex with Concrete
For Sale
$590,000
12106 Carriage Court SE, Huntsville, AL 35803
Each unit offers two bedrooms and two full baths in a professionally managed building.
Property Size3,526 SF
Price / SF$167.33
Days on Market73
Property Features for 12106 Carriage Court SE
General Information
Standard status
Active
Size
3,526 SF
Property subtype
Multi Family Home
Building Details
Building Size
3,526 SF
Year Built
1984
Tenancy
Multi
Listing Agency:
Empire Property Management
(256) 507-7368
Listed By:
Julie Orth · License #100095
Source:
Alabamaland
Added: May 21
Changed: Jul 31
Last Checked: Jul 31 at 4:49PM
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 Empire Property Management
Investment Insights
Based on property information with market context.
This 3,526-square-foot quadplex contains four units, with each unit configured as a two-bedroom, two-full-bath residence. Built in 1984, the property includes a concrete parking lot and concrete drive, supporting convenient on-site access for residents and management. The building is professionally managed and positioned at the end of a cul-de-sac on a larger lot.
Located at 12106 Carriage Court SE in Huntsville, the property is next to Challenger Elementary and Challenger Middle. Its four-unit configuration, consistent unit layout, concrete parking improvements, and established construction provide a straightforward multifamily asset profile.
Located at 12106 Carriage Court SE in Huntsville, the property is next to Challenger Elementary and Challenger Middle. Its four-unit configuration, consistent unit layout, concrete parking improvements, and established construction provide a straightforward multifamily asset profile.
Key Highlights
- Four‑unit building with four two‑bedroom, two‑full‑bath units
- 3,526‑square‑foot quadplex built in 1984
- Concrete parking lot and concrete drive
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 | $44.4k | $12.60 |
| − Vacancy | −$7.7k | −$2.18 |
| EGI | $36.7k | $10.42 |
| − OpEx | −$11.0k | −$3.13 |
| NOI | $25.7k | $7.30 |
3,526 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$367.5K
$321.5K – $428.7K
NOI $25,722 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$318.2K
$278.4K – $371.2K
NOI $22,272 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$918.2K
$803.4K – $1.07M
NOI $64,272 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 35803, AL
29,001
Population
13,272
Households
2.2
Avg Household Size
43
Median Age
54%
College-Educated
96%
High-School Grad
49.2 sq mi
ZIP Area
589
Density / Sq Mi
$95,182
Median Household Income
$53,416
Median Earnings
$1,221
Median Rent
$259,100
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 - Each unit offers two bedrooms and two full baths in a professionally managed building.
Where is this quadplex located?
The property is located at 12106 Carriage Court SE Huntsville, AL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Four‑unit building with four two‑bedroom, two‑full‑bath units; 3,526‑square‑foot quadplex built in 1984; Concrete parking lot and concrete drive
