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Four-Unit Apartment Building

20 MERRILL HARPER ROAD, Anniston, AL 36207

For Sale
$729,000

MULTIFAMILY, ANNISTON, AL

Property Size2,600 SF
Price / SF$280.38
Days on Market365

Property Features for 20 MERRILL HARPER ROAD

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school WHITE PLAINS
Middle school WHITE PLAINS
High school WHITE PLAINS
Directions Starting at White Plains Elementary School, head SE on AL-9, Turn left onto Rainbow Dr., After 2.2 miles, turn right onto Chinch Creek Road, After 0.2 miles, turn left onto Merrill Harper Road
Subdivision Calhoun County
Standard status Active
APN 19-01-02-0-000-005.008

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description SEC 2 TSP 15S R 9E BEG NW INT MERRILL HARPER RD & RAINBOW DR TH NWLY 418.27 NE 351.94 SE 223.15 SW 148.61 SW ALG ROW 260.62 TO POB
Legal Description SEC 2 TSP 15S R 9E BEG NW INT MERRILL HARPER RD & RAINBOW DR TH NWLY 418.27 NE 351.94 SE 223.15 SW 148.61 SW ALG ROW 260.62 TO POB

Utilities

Heating system Central, Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2022
Number of units 5
Building materials Siding
Buildings 1
Listing Agency: Southern Hometown Selling, LLC
Listed By: Madison Hubbard
Added: Nov 12, 2025 Changed: Oct 30 Last Checked: Nov 11 at 3:06PM
MLS# 21436558

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 2022, this 2,600-square-foot apartment building contains four completed units, each configured with one bedroom and one bathroom. The property is operated as a short-term rental, with furnished accommodations and rental activity established through short-term stays. A fifth residence with two bedrooms and one bathroom remains unfinished and is currently under construction.

The building has siding, central air, and central heat supported by a heat pump. Public water serves the property. Located in Anniston, Alabama, the asset combines an existing four-unit apartment layout with an additional residential unit in progress.

Key Highlights

  • 2,600‑square‑foot apartment building constructed in 2022
  • Four completed units, each with 1 bedroom and 1 bathroom
  • Additional unfinished 2‑bedroom, 1‑bathroom unit under construction

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 36207, AL

19,553
Population
9,260
Households
2.1
Avg Household Size
44
Median Age
32%
College-Educated
90%
High-School Grad
74.8 sq mi
ZIP Area
261
Density / Sq Mi
$70,090
Median Household Income
$39,898
Median Earnings
$890
Median Rent
$195,000
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

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

Frequently Asked Questions

What type of property is this?
Apartment building - Four finished residences support a short-term rental operation, with another unit under construction.
Where is this apartment building located?
The property is located at 20 MERRILL HARPER ROAD Anniston, AL.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: 2,600‑square‑foot apartment building constructed in 2022; Four completed units, each with 1 bedroom and 1 bathroom; Additional unfinished 2‑bedroom, 1‑bathroom unit under construction
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