Duplex with Separate
250 ALABAMA HIGHWAY 75, Higdon, AL 35979
For Sale
New
$150,000
Residential Income, HIGDON, AL
Property Size1,980 SF
Lot Size0.18 Acres
Price / SF$75.76
Days on Market1
Property Features for 250 ALABAMA HIGHWAY 75
General Information
Property type
Property subtype
Parking
Parking features
Elementary school
Middle school
High school
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Water source
Building Details
Number of units
Listing Agency:
Zach Taylor
(855) 261-2233
Listed By:
Kevin Gomila
(931) 510-3272
Added: Nov 9
Last Checked: Nov 9 at 11:06PM
MLS# 21933651
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two separate units with independent entrances. The building totals 1,980 square feet and sits on a 0.18-acre lot. Public water serves the property, and parking is available on the street.
Key Highlights
- Two units, each with an independent entrance
- 1,980‑square‑foot building on a 0.18‑acre lot
- Public water service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,663
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,260
$233.3K
Cap Rate 7%
$166,614
$166.6K
Cap Rate 9%
$129,589
$129.6K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$17.8K $9.00/SF
− Vacancy
−$1.2K −$0.59/SF
EGI
$16.7K $8.42/SF
− OpEx
−$5.0K −$2.52/SF
NOI
$11.7K $5.89/SF
Area
DeKalb County, AL
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,260
Cap Rate 7%
$166,614
Cap Rate 9%
$129,589
Alternative Uses
Best Use
Multifamily LT 5
$166.6K
$145.8K – $194.4K
NOI $11,663 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$154.4K
$135.1K – $180.2K
NOI $10,810 @ 7.0% cap · market cap 7.21%
Theoretical Best
Healthcare Medical
$319.0K
$279.1K – $372.1K
NOI $22,328 @ 7.0% cap · market cap 14.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 35979, AL
1,375
Population
364
Households
3.8
Avg Household Size
43
Median Age
3%
College-Educated
74%
High-School Grad
11.6 sq mi
ZIP Area
119
Density / Sq Mi
$48,611
Median Household Income
$33,050
Median Earnings
$129,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living units occupy a 0.18-acre parcel, with public water service and on-street parking.
Where is this duplex located?
The property is located at 250 ALABAMA HIGHWAY 75 Higdon, AL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two units, each with an independent entrance; 1,980‑square‑foot building on a 0.18‑acre lot; Public water service
