Back to Search

Well-Maintained Duplex with Storage

16985 State Highway 104 Silverhill, AL 36576

16985 State Highway 104, Silverhill, AL, 36576

$445,000

For Sale

$445,000

SINGLE_FAMILY - Silverhill, AL

Property Size2,309 SF

Lot Size0.80 Acres

Price / SF$192.72

Days on Market47

Property Features for 16985 State Highway 104

General Information

Property type: Residential
Property subtype: Duplex
Bedrooms: 4
Bathrooms: 4
Rooms: Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2
Parking features: Garage
Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator, Smoke Detector, Washer
Standard status: Active
APN: 47-01-02-4-000-006.005
Size: 2,309 SF
Lot size: 0.80 Acres

Taxes and HOA fees

Tax Description: 189.7 X 180 Lot 1 Rick & Sharon Byrnes Sub Slide 1970-B I N The City Of Silverhill Sec 2-T6s-R3e (Qcd)

Building Details

Year built: 2001
Floors in Building: 1
Flooring type: Other floors-see remarks, Engineered
Roof type: Metal
Architectural style: Other

Listing Agency Bellator Real Estate, LLC Fair

11 North Section St., Daphne, AL

Listed by Terryl Reeves · License #81038-3

Added: Jun 5 Updated: Jul 8 at 6:04 pm Checked: Jul 21 at 3:06 am

MLS# 397682 Listing URL

Investment Insights

Based on property information with market context.

This well-maintained duplex offers two move-in-ready units. Each unit features tall ceilings, abundant natural light from numerous windows, and spacious living and dining areas, along with an attached single-car garage. The primary suite in each unit includes elevated ceilings, a generous ensuite bath, and a large walk-in closet. The property has a durable metal roof and includes a detached 12x20 storage unit.

The duplex is situated on a large lot in Silverhill. The expansive site provides room for additional development possibilities subject to local approvals.

All details should be verified by the buyer during due diligence, including any development options dependent on local requirements.

Key Highlights

Well‑maintained duplex built in 2001 with move‑in‑ready units in Silverhill
Each unit includes a primary suite with tall/elevated ceilings, a generous ensuite bath, and a large walk‑in closet
Metal roof for added long‑term durability

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$31.9k	$13.80
− Vacancy	−$1.7k	−$0.72
EGI	$30.2k	$13.08
− OpEx	−$9.1k	−$3.92
NOI	$21.1k	$9.16

2,309 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$302.1K

$264.3K – $352.4K (±1% cap)

NOI $21,145 @ 7.0% cap · market cap 4.75%

Second Best

Apartment 5plus

$268.9K

$235.3K – $313.7K (±1% cap)

NOI $18,821 @ 7.0% cap · market cap 4.23%

Theoretical Best

Office A

$555.3K

$485.9K – $647.8K (±1% cap)

NOI $38,869 @ 7.0% cap · market cap 8.73%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

For sale
Duplexes
AL
Silverhill
36576
16985 State Highway 104

What type of property is this?

Duplex - Duplex for sale featuring two move-in-ready units, each with tall ceilings, multiple windows, and an attached single-car garage.

Where is this duplex located?

The property is located at 16985 State Highway 104 Silverhill, AL.

What is the asking price?

The asking price for this property is $445,000.

What are key features of this property?

This property features: Well‑maintained duplex built in 2001 with move‑in‑ready units in Silverhill; Each unit includes a primary suite with tall/elevated ceilings, a generous ensuite bath, and a large walk‑in closet; Metal roof for added long‑term durability