Single-Story Duplex with
33228 Stables Drive Spanish Fort, AL 36527
33228 Stables Drive, Spanish Fort, AL, 36527
$259,900
For Sale
$259,900
SINGLE_FAMILY - Spanish Fort, AL
Property Size1,352 SF
Lot Size0.31 Acres
Price / SF$192.23
Days on Market387
Property Features for 33228 Stables Drive
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
- Parking features
- Garage
- Appliances
- Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator
- Standard status
- Active
- APN
- 33-03-07-0-000-005.006
- Size
- 1,352 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Description
- LOT 3 PHASE ONE CHURCHILL DOWNS SUB
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Flooring type
- Other floors-see remarks
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Shamrock Properties, LLC
(251) 533-9445
25878 State Hwy 181, Daphne, AL
Listed by
David Kahalley · License #77246
(251) 533-9033
Added: Jun 27, 2025 Checked: Jul 18 at 2:06 am
MLS# 377919
Listing URL
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.
Investment Insights
Based on property information with market context.
This one-story duplex offers two residential units arranged as three-bedroom, two-bath homes. The property includes stained concrete floors, granite countertops, and stainless steel appliances. Bedroom amenities include ceiling fans and blinds, and the primary bath features double vanities, a tub/shower combination, and a walk-in closet. Each unit also has an attached single-car garage for parking and storage, plus covered front and back porch areas.
The duplex sits on a lot of approximately 0.309 acres in the Spanish Fort area. The listing notes that lawn care, termite bond coverage, and building insurance are included in the stated monthly dues, and that the same dues cover insurance on the building and roof. Buyer to verify all information during due diligence.
The property is described as being sold with a lease in place and professionally managed by Shamrock Properties. The location is presented as having convenient access to I-10, Mobile, and Baldwin County, with shopping nearby. All details should be confirmed through due diligence.
The duplex sits on a lot of approximately 0.309 acres in the Spanish Fort area. The listing notes that lawn care, termite bond coverage, and building insurance are included in the stated monthly dues, and that the same dues cover insurance on the building and roof. Buyer to verify all information during due diligence.
The property is described as being sold with a lease in place and professionally managed by Shamrock Properties. The location is presented as having convenient access to I-10, Mobile, and Baldwin County, with shopping nearby. All details should be confirmed through due diligence.
Key Highlights
- 2025 one‑story 3‑bedroom, 2‑bath duplex in the Spanish Fort area with a lease in place
- Professionally managed by Shamrock Properties
- Attached single‑car garage; roof is composition shingle
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 | $18.7k | $13.80 |
| − Vacancy | −$970 | −$0.72 |
| EGI | $17.7k | $13.08 |
| − OpEx | −$5.3k | −$3.92 |
| NOI | $12.4k | $9.16 |
1,352 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$176.9K
$154.8K – $206.4K
NOI $12,381 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$157.4K
$137.8K – $183.7K
NOI $11,020 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$325.1K
$284.5K – $379.3K
NOI $22,759 @ 7.0% cap · market cap 8.76%
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 - One-story three-bedroom, two-bath duplex with an attached single-car garage and covered front and back porch.
Where is this duplex located?
The property is located at 33228 Stables Drive Spanish Fort, AL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 2025 one‑story 3‑bedroom, 2‑bath duplex in the Spanish Fort area with a lease in place; Professionally managed by Shamrock Properties; Attached single‑car garage; roof is composition shingle
