Fully Occupied Duplex For
204 Beirne Avenue NE Huntsville, AL 35801
New
For Sale
$255,000
MULTI_FAMILY - Huntsville, AL
Property Size1,250 SF
Lot Size0.13 Acres
Price / SF$204
Days on Market1
Property Features for 204 Beirne Avenue NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking
- 4
- Parking features
- Driveway
- Appliances
- Oven, Refrigerator, W/D Hookup
- Standard status
- Active
- APN
- 1407362001028.000
- Size
- 1,250 SF
- Lot size
- 0.13 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Wall Furnace
- Cooling system
- Wall Unit(s), Central Air
- Water source
- Public
Building Details
- Number of units
- 2
Listing Agency:
Keller Williams Horizon
(256) 801-2501
Listed By:
Pranteek Patnaik · License #83003
(256) 801-2501
Added: Jul 23
Last Checked: Jul 23 at 4:06PM
MLS# 21904634
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Investment Insights
Based on property information with market context.
This fully occupied, well-maintained duplex is offered for sale and is currently under professional property management. The property is managed with existing leases in place, and the existing lease terms must convey with the purchase. Rent rolls are available upon request.
Viewing requires 48-hour advance notice. The duplex is located in Huntsville’s Five Points area, with easy access to downtown Huntsville, Huntsville Hospital, and surrounding restaurants and shops.
The offering includes a duplex configuration with a total property size noted as 1,250 square feet. The property is listed for sale in Madison County, Alabama.
Viewing requires 48-hour advance notice. The duplex is located in Huntsville’s Five Points area, with easy access to downtown Huntsville, Huntsville Hospital, and surrounding restaurants and shops.
The offering includes a duplex configuration with a total property size noted as 1,250 square feet. The property is listed for sale in Madison County, Alabama.
Key Highlights
- Fully occupied duplex in Huntsville’s Downtown Five Points area
- Existing leases and terms convey with the purchase; property is under professional property management
- 48‑hour advance notice required to view the property
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 | $15.8k | $12.60 |
| − Vacancy | −$2.7k | −$2.18 |
| EGI | $13.0k | $10.42 |
| − OpEx | −$3.9k | −$3.13 |
| NOI | $9.1k | $7.30 |
1,250 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$130.3K
$114.0K – $152.0K
NOI $9,119 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$112.8K
$98.7K – $131.6K
NOI $7,896 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$325.5K
$284.8K – $379.8K
NOI $22,785 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained, fully occupied duplex offered for sale with existing leases and terms conveying with purchase.
Where is this duplex located?
The property is located at 204 Beirne Avenue NE Huntsville, AL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Fully occupied duplex in Huntsville’s Downtown Five Points area; Existing leases and terms convey with the purchase; property is under professional property management; 48‑hour advance notice required to view the property
