Renovated
For Sale
$475,000
1511 HALSTON CIRCLE, Huntsville, AL 35816
Residential Income, HUNTSVILLE, AL
Property Size3,944 SF
Lot Size0.24 Acres
Price / SF$120.44
Days on Market138
Property Features for 1511 HALSTON CIRCLE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Driveway, Parking Lot
Interior features
Wired for Sound
Appliances
Cooktop, Refrigerator, Dishwasher, Disposal, Electric Water Heater
Subdivision
EXECUTIVE HILLS
Elementary school
HIGHLAND ELEMENTARY
Middle school
MCNAIR
High school
JEMISON
Directions
L on Sparkman, L on Bonnell, R on Halston, property on the right.
Standard status
Active
Size
3,944 SF
Lot size
0.24 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
Lot 13 Halston Hill Re S/D Of Lot 2 Executive Hill 2nd Sector Pb 13 Pg 92
Legal Description
Lot 13 Halston Hill Re S/D Of Lot 2 Executive Hill 2nd Sector Pb 13 Pg 92
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer connections
Building Details
Floors in Building
2
Number of units
4
Building materials
Brick
Listing Agency:
Holloway & Associates
(256) 852-3350
Listed By:
A. Karnice Holloway · License #51158
(256) 755-9196
Added: Jun 16
Changed: Oct 29
Last Checked: Oct 31 at 1:06PM
MLS# 21920997
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 3,944-square-foot, full-brick fourplex contains four units, each with two bedrooms, two bathrooms, and washer/dryer connections. The occupied unit has had recent interior renovations. The roof is less than two years old, and HVAC systems were serviced within the last two years.
The property sits on a 0.24-acre lot and has central heating and air conditioning. A driveway and parking lot provide on-site parking.
The property sits on a 0.24-acre lot and has central heating and air conditioning. A driveway and parking lot provide on-site parking.
Key Highlights
- Four units, each with 2 bedrooms, 2 bathrooms, and washer/dryer connections
- 3,944 square feet on a 0.24‑acre lot
- Full‑brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,772
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,440
$575.4K
Cap Rate 7%
$411,029
$411.0K
Cap Rate 9%
$319,689
$319.7K
Market Conditions
NOI Build-Up for 3,944 SF
Gross rent
$49.7K $12.60/SF
− Vacancy
−$8.6K −$2.18/SF
EGI
$41.1K $10.42/SF
− OpEx
−$12.3K −$3.13/SF
NOI
$28.8K $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%
$575,440
Cap Rate 7%
$411,029
Cap Rate 9%
$319,689
Alternative Uses
Best Use
Multifamily LT 5
$411.0K
$359.7K – $479.5K
NOI $28,772 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$355.9K
$311.4K – $415.2K
NOI $24,913 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.03M
$898.6K – $1.20M
NOI $71,891 @ 7.0% cap · market cap 15.13%
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
25%
Occupancy
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
Explore this area
Business Placement
Demographics for 35816, AL
15,035
Population
7,972
Households
1.9
Avg Household Size
28
Median Age
27%
College-Educated
88%
High-School Grad
5.1 sq mi
ZIP Area
2,948
Density / Sq Mi
$38,947
Median Household Income
$28,060
Median Earnings
$875
Median Rent
$114,100
Median Home Value
Check the figures for this property
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 two-bedroom units each include two bathrooms and washer/dryer connections.
Where is this quadplex located?
The property is located at 1511 HALSTON CIRCLE Huntsville, AL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms, 2 bathrooms, and washer/dryer connections; 3,944 square feet on a 0.24‑acre lot; Full‑brick construction
