1511 Halston Circle, Huntsville, AL 35816
MULTI_FAMILY - Huntsville, AL
- Added:
- Jun 16, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 17 at 10:06 am
Property Features for 1511 Halston Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Driveway
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Refrigerator, Oven, W/D Hookup
- Standard status
- Active
- Size
- 3,944 SF
- Lot size
- 0.24 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 4
Listing agent A. Karnice Holloway License #51158 (256) 755-9196
Listing office Holloway & Associates 4833 Sparkman Dr Ste A, AL (256) 852-3350
Listing date Jun 16, 2026
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HighLights
- Full‑brick fourplex is currently 25% occupied, with 2BD/2BA units and washer/dryer hookups
- Recent interior renovations throughout the units
- Roof is less than 2 years old
- Central heating and central air; HVAC systems serviced within the last 2 years
- Appliances include refrigerator, oven, dishwasher, disposal, and electric water heater
- Utilities: public water and public sewer; driveway parking
Overview
Located at 1511 Halston Circle in Huntsville, Alabama, the property sits on a 0.24-acre lot. The fourplex is currently 25% occupied. Offers require proof of funds, and a 48-hour notice is required for showings. Please do not disturb occupants.
For investors seeking a small multifamily asset, this fourplex presents a straightforward residential income format with in-unit laundry connections and recent interior improvements. The current occupancy level may appeal to buyers who plan to manage leasing and unit turnover, while factoring in the property’s documented roof and HVAC maintenance history.
Local 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 | $49.7k | $12.60 |
| − Vacancy | −$8.6k | −$2.18 |
| EGI | $41.1k | $10.42 |
| − OpEx | −$12.3k | −$3.13 |
| NOI | $28.8k | $7.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.645359
- Latitude
- 34.743727
