304-306 W Shriver Street, Summerdale, AL 36580
MULTI_FAMILY - Summerdale, AL
- Added:
- May 6, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 21 at 6:06 pm
Property Features for 304-306 W Shriver Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bathroom 5, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 8, Bathroom 2, Bedroom 11, Bedroom 6, Bedroom 10, Bathroom 4, Bedroom 7, Bedroom 2, Bathroom 6, Bathroom 1, Bedroom 3, Bedroom 9
- Parking features
- Carport
- Appliances
- Range-Electric
- Standard status
- Active
- APN
- 48-09-30-4-000-011.000
- Size
- 4,100 SF
- Lot size
- 0.64 Acres
Building Details
- Year built
- 1918
- Floors in Building
- 1
- Flooring type
- Laminate
- Roof type
- Composition
- Architectural style
- Other
Listing agent Donna Cook License #56221 (251) 510-8885
Listing office Baldwin County Properties, Inc 300 Fairhope Ave, Ste D, Fairhope, AL (251) 928-5305
Listing date May 6, 2026
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Year built 1918 with composition roof
- 4‑plex currently rented, with an additional home on the same property available
- Includes electric range (appliance included)
- Laminate flooring
- On‑site carport parking
Overview
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 | $56.6k | $13.80 |
| − Vacancy | −$2.9k | −$0.72 |
| EGI | $53.6k | $13.08 |
| − OpEx | −$16.1k | −$3.92 |
| NOI | $37.5k | $9.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Summerdale
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.703231
- Latitude
- 30.491688
