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4-Unit Ground-Level Quadplex
For Sale
$499,000

1332 Oshaughnessy Avenue NE # 1234, Huntsville, AL 35801

Each residence has washer/dryer connections and a refrigerator, range/oven, and dishwasher.

Property Size3,100 SF
Price / SF$160.97
Days on Market320

Property Features for 1332 Oshaughnessy Avenue NE # 1234

General Information

Standard status Active
Size 3,100 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes
Tenant in Place Yes

Amenities

full size washer dryer connections
fridge
range/oven
dishwasher
rear entry

Building Details

Building Size 3,100 SF
Year Built 1955
Buildings 1
Listing Agency: Keller Williams Horizon
Listed By: Pranteek Patnaik · License #83003
Source: Intownpartners
Added: Dec 14, 2025 Changed: Oct 26 Last Checked: Oct 30 at 5:55AM

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

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Investment Insights

Based on property information with market context.

This 3,100-square-foot quadplex contains four ground-level residences and was built in 1955. Three units have two bedrooms and one bathroom; the fourth has three bedrooms and one bathroom. Each residence includes washer/dryer connections, a refrigerator, range/oven, dishwasher, and rear entry. The building is fully occupied.

The property is in Huntsville’s Downtown Five Points District, with access to Huntsville Hospital, Monte Sano Mountain, restaurants, shops, and downtown destinations.

Key Highlights

  • Four ground‑level units in a 3,100‑square‑foot building
  • Three 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit
  • All residences include washer/dryer connections, refrigerator, range/oven, and dishwasher

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 (±1% cap)
NOI $22,615 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$279.7K
$244.8K – $326.4K (±1% cap)
NOI $19,581 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$807.2K
$706.3K – $941.8K (±1% cap)
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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has washer/dryer connections and a refrigerator, range/oven, and dishwasher.
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: Four ground‑level units in a 3,100‑square‑foot building; Three 2‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit; All residences include washer/dryer connections, refrigerator, range/oven, and dishwasher
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