4-Unit Ground-Level
For Sale
$499,000
1332 OSHAUGHNESSY AVENUE NE, Huntsville, AL 35801
Residential Income, HUNTSVILLE, AL
Property Size3,100 SF
Price / SF$160.97
Days on Market321
Property Features for 1332 OSHAUGHNESSY AVENUE NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Driveway
Appliances
Dishwasher, Disposal, Refrigerator, Cooktop
Subdivision
FAIRVIEW
Elementary school
BLOSSOMWOOD
Middle school
HUNTSVILLE
High school
HUNTSVILLE
Directions
5 Points Community - Andrew Jackson, East on O'Shaughnessy Avenue, Property near Corner of Windham Street and O'Shaughnessy Avenue.
Standard status
Active
APN
13-09-30-3-010-024.000
Size
3,100 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LOT L BLK 8 & W 8 FT OF LOT K BLK 8 FAIRVIEW ADD RESUB OF PART OF BLK 8 PB 1 PG 228
Legal Description
LOT L BLK 8 & W 8 FT OF LOT K BLK 8 FAIRVIEW ADD RESUB OF PART OF BLK 8 PB 1 PG 228
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer connections
refrigerator
range/oven
dishwasher
Building Details
Year built
1955
Number of units
4
Building materials
Brick
Buildings
1
Listing Agency:
Keller Williams Horizon · Keller Williams Realty
(256) 801-2501
Listed By:
Pranteek Patnaik · License #83003
(256) 694-0117
Added: Dec 14, 2025
Changed: Oct 31
Last Checked: Oct 31 at 11:06AM
MLS# 21905734
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,100-square-foot brick quadplex contains four ground-level residences and was built in 1955. Three units have two bedrooms and one bathroom; the remaining unit has three bedrooms and one bathroom. Each residence has a rear kitchen entrance, full-size washer and dryer connections, a refrigerator, and a dishwasher. Central heating and central air conditioning serve the building, and driveway parking is available.
The property is in Huntsville’s Downtown Five Points District, with access to Huntsville Hospital, Monte Sano Mountain, restaurants, shops, downtown destinations, and 565. Public water serves the property. All four units are currently occupied.
The property is in Huntsville’s Downtown Five Points District, with access to Huntsville Hospital, Monte Sano Mountain, restaurants, shops, downtown destinations, and 565. Public water serves the property. All four units are currently occupied.
Key Highlights
- Four ground‑level residences in a 3,100‑square‑foot brick building
- Unit mix: three 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit
- All units occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,615
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,300
$452.3K
Cap Rate 7%
$323,071
$323.1K
Cap Rate 9%
$251,278
$251.3K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$39.1K $12.60/SF
− Vacancy
−$6.8K −$2.18/SF
EGI
$32.3K $10.42/SF
− OpEx
−$9.7K −$3.13/SF
NOI
$22.6K $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 Rate 5%
$452,300
Cap Rate 7%
$323,071
Cap Rate 9%
$251,278
Alternative Uses
Best Use
Multifamily LT 5
$323.1K
$282.7K – $376.9K
NOI $22,615 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$279.7K
$244.8K – $326.4K
NOI $19,581 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$807.2K
$706.3K – $941.8K
NOI $56,507 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 35801, AL
22,539
Population
11,225
Households
2
Avg Household Size
43
Median Age
55%
College-Educated
90%
High-School Grad
13.8 sq mi
ZIP Area
1,633
Density / Sq Mi
$103,125
Median Household Income
$60,370
Median Earnings
$1,130
Median Rent
$399,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are occupied and include private rear kitchen entrances and full-size washer and dryer connections.
Where is this quadplex located?
The property is located at 1332 OSHAUGHNESSY AVENUE NE Huntsville, AL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four ground‑level residences in a 3,100‑square‑foot brick building; Unit mix: three 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit; All units occupied
