Victorian Duplex with Income
326 E 7th Street Anniston, AL 36207
326 E 7th Street, Anniston, AL, 36207
$489,500
For Sale
$489,500
Victorian duplex featuring original details and modern updates.
Property Size3,300 SF
Price / SF$148.33
Days on Market217
Property Features for 326 E 7th Street
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing Agency
ERA King Real Estate
(256) 310-2233
Listed by
Anna King · License #47542
(256) 310-2233
Source
Exitrealty
Added: Dec 12, 2025 Checked: Jul 16 at 3:20 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 ERA King Real Estate
Investment Insights
Based on property information with market context.
This Victorian-era duplex presents an investment opportunity with income potential. Unit A includes 2 bedrooms, each with an ensuite bath, a formal dining room featuring a chandelier, and an updated kitchen equipped with granite countertops, a red tile backsplash, white cabinetry, a gas range, and a dishwasher. Unit B offers 4 bedrooms, 2 full baths, 2 half baths, a butler pantry, a sunroom, and a family room with French doors. The kitchen in Unit B features a large island, built-ins, granite countertops, a red tile backsplash, white cabinetry, a gas range, and a dishwasher. Both units retain original hardwood floors, crown molding, pocket doors, fireplaces, and walk-in closets. The property also includes gas lanterns, front and back porches, and back parking. The property size is 3300 square feet.
Key Highlights
- Strong income potential as a duplex.
- Unit B: Features 4 bedrooms, 2 full baths, 2 half baths.
- Original Victorian‑era architectural details like hardwood floors, crown molding, pocket doors, and fireplaces.
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 | $29.7k | $9.00 |
| − Vacancy | −$1.9k | −$0.59 |
| EGI | $27.8k | $8.42 |
| − OpEx | −$8.3k | −$2.52 |
| NOI | $19.4k | $5.89 |
3,300 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.7K
$243.0K – $324.0K
NOI $19,439 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$248.6K
$217.5K – $290.0K
NOI $17,402 @ 7.0% cap · market cap 3.56%
Theoretical Best
Healthcare Medical
$507.3K
$443.9K – $591.9K
NOI $35,513 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Victorian duplex featuring original details and modern updates.
Where is this duplex located?
The property is located at 326 E 7th Street Anniston, AL.
What is the asking price?
The asking price for this property is $489,500.
What are key features of this property?
This property features: Strong income potential as a duplex.; Unit B: Features 4 bedrooms, 2 full baths, 2 half baths.; Original Victorian‑era architectural details like hardwood floors, crown molding, pocket doors, and fireplaces.
