Four-Unit Multifamily
For Sale
$499,000
1332 Oshaughnessy Avenue NE #1234, Huntsville, AL 35801
Four fully occupied units include washer/dryer connections and each unit has rear kitchen entry.
Property Size3,100 SF
Price / SF$160.97
Days on Market230
Property Features for 1332 Oshaughnessy Avenue NE #1234
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Multi Family Home
Building Details
Year Built
1955
Listing Agency:
Keller Williams Horizon
(256) 801-2501
Listed By:
Pranteek Patnaik · License #83003
Source:
Alabamaland
Added: Dec 14, 2025
Changed: Jul 25
Last Checked: Jul 31 at 1:12PM
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 Keller Williams Horizon
Investment Insights
Based on property information with market context.
This four-unit multifamily building includes three 2-bedroom, 1-bath units and one end unit with 3 bedrooms and 1 bath. Each unit has full-size washer/dryer connections plus a refrigerator, range/oven, dishwasher, and a rear entry through the kitchen.
The property is described as well maintained and fully occupied. It is presented as a ground-level configuration with rear kitchen entries for each unit.
For prospective buyers, note that a 48-hour advance notice is required to schedule showings.
The property is described as well maintained and fully occupied. It is presented as a ground-level configuration with rear kitchen entries for each unit.
For prospective buyers, note that a 48-hour advance notice is required to schedule showings.
Key Highlights
- 4‑plex built in 1955, fully occupied
- Unit mix: three 2 bed/1 bath units and one 3 bed/1 bath unit
- All units include full‑size washer/dryer connections plus fridge, range/oven, and dishwasher
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 | $39.1k | $12.60 |
| − Vacancy | −$6.8k | −$2.18 |
| EGI | $32.3k | $10.42 |
| − OpEx | −$9.7k | −$3.13 |
| NOI | $22.6k | $7.30 |
3,100 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
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.
Property Analytics
Current Use
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
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 - Four fully occupied units include washer/dryer connections and each unit has rear kitchen entry.
Where is this quadplex located?
The property is located at 1332 Oshaughnessy Avenue NE #1234 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: 4‑plex built in 1955, fully occupied; Unit mix: three 2 bed/1 bath units and one 3 bed/1 bath unit; All units include full‑size washer/dryer connections plus fridge, range/oven, and dishwasher
