Brick
For Sale
$450,000
1500 ASCENT TRAIL, Huntsville, AL 35806
Residential Income, HUNTSVILLE, AL
Property Size4,074 SF
Price / SF$110.46
Days on Market100
Property Features for 1500 ASCENT TRAIL
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
6
Parking features
Driveway, Parking Lot
Interior features
Wired for Sound
Appliances
Refrigerator, Cooktop
Subdivision
EXECUTIVE HILLS
Elementary school
HIGHLAND ELEMENTARY
Middle school
MCNAIR
High school
JEMISON
Directions
From University Drive North on Sparkman R Bonnel R Ascent Trail Bldg on Left
Standard status
Active
APN
14-08-28-3-003-071.000
Size
4,074 SF
Taxes and HOA fees
Tax Year
1984
Tax Description
LOT 6 BLK 3 EXECUTIVE HILL 2ND SEC PB 12 PG 32
Tax Annual Amount
4456
Legal Description
LOT 6 BLK 3 EXECUTIVE HILL 2ND SEC PB 12 PG 32
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Number of units
4
Building materials
Brick
Listing Agency:
David Frederick Realty
(256) 539-5393
Listed By:
David Frederick · License #53565
(256) 990-2605
Added: Jul 23
Changed: Oct 29
Last Checked: Oct 30 at 6:06AM
MLS# 21924652
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 4,074-square-foot quadplex has a full-brick exterior and four two-bedroom, two-bath units. Recent work includes replacement windows, new decks, refreshed exterior wood, updated GFCIs and lighting, and replacement of water-heater piping. LVP flooring has also been installed in some units.
Central electric heat and central air serve the building. The property includes refrigerators, cooktops, sound wiring, driveway and lot parking, and a public water source.
Central electric heat and central air serve the building. The property includes refrigerators, cooktops, sound wiring, driveway and lot parking, and a public water source.
Key Highlights
- Four units, each described with two bedrooms and two full baths
- 4,074 square feet of building area
- Full‑brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,720
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,400
$594.4K
Cap Rate 7%
$424,571
$424.6K
Cap Rate 9%
$330,222
$330.2K
Market Conditions
NOI Build-Up for 4,074 SF
Gross rent
$51.3K $12.60/SF
− Vacancy
−$8.9K −$2.18/SF
EGI
$42.5K $10.42/SF
− OpEx
−$12.7K −$3.13/SF
NOI
$29.7K $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%
$594,400
Cap Rate 7%
$424,571
Cap Rate 9%
$330,222
Alternative Uses
Best Use
Multifamily LT 5
$424.6K
$371.5K – $495.3K
NOI $29,720 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$367.6K
$321.7K – $428.9K
NOI $25,734 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$1.06M
$928.3K – $1.24M
NOI $74,261 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
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Business Placement
Demographics for 35806, AL
25,702
Population
14,398
Households
1.8
Avg Household Size
36
Median Age
60%
College-Educated
97%
High-School Grad
25.4 sq mi
ZIP Area
1,012
Density / Sq Mi
$79,338
Median Household Income
$50,458
Median Earnings
$1,287
Median Rent
$318,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature two-bedroom, two-bath layouts with central heating and cooling.
Where is this quadplex located?
The property is located at 1500 ASCENT TRAIL Huntsville, AL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four units, each described with two bedrooms and two full baths; 4,074 square feet of building area; Full‑brick construction
