Fourplex with Updated
2422 Wynterhall Road SE Huntsville, AL 35803
2422 Wynterhall Road SE, Huntsville, AL, 35803
$590,000
For Sale
$590,000
Four units offer two bedrooms and two bathrooms, with fresh paint and exterior balcony and stair upgrades completed last year.
Property Size3,416 SF
Price / SF$172.72
Days on Market60
Property Features for 2422 Wynterhall Road SE
General Information
- Standard status
- Active
- Size
- 3,416 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1984
Listing Agency
Empire Property Management
(256) 507-7368
Listed by
Julie Orth · License #100095
Source
Alabamaland
Added: May 21 Checked: Jul 19 at 4:56 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Empire Property Management
Investment Insights
Based on property information with market context.
This fourplex includes four separate units, each featuring two bedrooms and two bathrooms. The building has been upgraded with new exterior balconies and stairs, completed last year, and the units have fresh paint throughout.
The property is located at 2422 Wynterhall Road SE in Huntsville, Alabama. Current rents are stated at $1,000 per door, with rent projections indicating rents closer to $1,200 or higher.
As a residential income property, it presents a straightforward four-unit setup with consistent unit layouts and recent exterior improvements, designed to support ongoing rental operations.
The property is located at 2422 Wynterhall Road SE in Huntsville, Alabama. Current rents are stated at $1,000 per door, with rent projections indicating rents closer to $1,200 or higher.
As a residential income property, it presents a straightforward four-unit setup with consistent unit layouts and recent exterior improvements, designed to support ongoing rental operations.
Key Highlights
- 1984‑built fourplex in SE Huntsville
- Four units, each with 2 bedrooms and 2 bathrooms
- Exterior upgrades completed last year, including new balconies and stairs
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 | $43.0k | $12.60 |
| − Vacancy | −$7.4k | −$2.18 |
| EGI | $35.6k | $10.42 |
| − OpEx | −$10.7k | −$3.13 |
| NOI | $24.9k | $7.30 |
3,416 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$356.0K
$311.5K – $415.3K
NOI $24,920 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$308.2K
$269.7K – $359.6K
NOI $21,577 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$889.5K
$778.3K – $1.04M
NOI $62,267 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four units offer two bedrooms and two bathrooms, with fresh paint and exterior balcony and stair upgrades completed last year.
Where is this quadplex located?
The property is located at 2422 Wynterhall Road SE Huntsville, AL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 1984‑built fourplex in SE Huntsville; Four units, each with 2 bedrooms and 2 bathrooms; Exterior upgrades completed last year, including new balconies and stairs
