Hawksbury Lane Duplex For
2503 Hawksbury Lane Hoover, AL 35226
2503 Hawksbury Lane, Hoover, AL, 35226
$549,900
For Sale
$549,900
Duplex with updated roof and decks in Hoover, Alabama.
Property Size3,168 SF
Price / SF$173.58
Days on Market305
Property Features for 2503 Hawksbury Lane
General Information
- Standard status
- Active
- Size
- 3,168 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1972
Listing Agency
All Access Real Estate
(205) 746-5631
Listed by
John Parnell
(205) 746-5631
Source
Exitrealty
Added: Sep 15, 2025 Checked: Jul 16 at 6:03 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 All Access Real Estate
Investment Insights
Based on property information with market context.
This multifamily property located on Hawksbury Lane in Hoover, Alabama, offers a residential income opportunity. The property size is 3168 square feet. The roof is approximately two to three years old. The deck on unit 2503 was built about two years ago, and the deck on unit 2501 has been rebuilt within the past two years. Gutters and siding have been painted.
Key Highlights
- Relatively new roof (2‑3 years old)
- Recently rebuilt/new decks for both units
- Freshly painted gutters and siding
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 | $44.5k | $14.04 |
| − Vacancy | −$5.5k | −$1.73 |
| EGI | $39.0k | $12.31 |
| − OpEx | −$11.7k | −$3.69 |
| NOI | $27.3k | $8.61 |
3,168 SF · lease $14.04/SF/yr · vacancy 12.35% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$389.9K
$341.1K – $454.8K
NOI $27,290 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$345.6K
$302.4K – $403.2K
NOI $24,194 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.09M
$953.6K – $1.27M
NOI $76,290 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with updated roof and decks in Hoover, Alabama.
Where is this duplex located?
The property is located at 2503 Hawksbury Lane Hoover, AL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Relatively new roof (2‑3 years old); Recently rebuilt/new decks for both units; Freshly painted gutters and siding
