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One-Story Duplex with Garage

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 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 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
25878 State Hwy 181, Daphne, AL
Listed by David Kahalley · License #77246
Added: Jun 27, 2025 Checked: Jul 18 at 1:06 pm
MLS# 377918 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 a practical, family-style layout with 3 bedrooms and 2 bathrooms. Features mentioned include stained concrete floors, granite countertops, and stainless steel appliances, along with ceiling fans and blinds installed in all bedrooms. The primary bathroom includes double vanities, a tub/shower combo, and a walk-in closet. The unit also includes an attached single-car garage for parking and additional storage, plus covered front and back porches.

The property is listed for sale with a lease in place and is described as being professionally managed by Shamrock Properties. Public remarks also state the community dues are low and include lawn care, a termite bond, and insurance on the building, with those dues covering insurance for both the building and roof. Located in the Spanish Fort area, the property is described as having access to I-10 and being convenient to Mobile and Baldwin County.

The seller notes that all information should be verified during due diligence.

Key Highlights

  • 3‑bedroom, 2‑bath one‑story duplex in the Spanish Fort area, built in 2025
  • Lease is in place and the property is professionally managed by Shamrock Properties
  • Stained concrete floors with granite countertops and stainless steel appliances

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 (±1% cap)
NOI $12,381 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$157.4K
$137.8K – $183.7K (±1% cap)
NOI $11,020 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$325.1K
$284.5K – $379.3K (±1% cap)
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

Suggested Use

Storage Facility Building Supply Carpet & Flooring Store Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - One-story duplex with 3 bedrooms and 2 bathrooms, attached single-car garage, and covered front and back porches.
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: 3‑bedroom, 2‑bath one‑story duplex in the Spanish Fort area, built in 2025; Lease is in place and the property is professionally managed by Shamrock Properties; Stained concrete floors with granite countertops and stainless steel appliances
Contact an agent
More about this property
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