Updated Duplex with
For Sale
$315,000
3509/3511 Clopton Street, Huntsville, AL 35805
Residential Income, Huntsville, AL
Property Size2,824 SF
Lot Size0.28 Acres
Price / SF$111.54
Days on Market97
Property Features for 3509/3511 Clopton Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Parking features
Driveway, Alley, Garage, Off Street
Appliances
Refrigerator, Dishwasher, Washer, Dryer
Subdivision
Huntsville Park
Elementary school
Ridgecrest
Middle school
Morris
High school
Columbia High
Directions
From Memorial Parkway Take Drake West, Cross Triana Blvd., Right On Clopton.
Standard status
Active
Size
2,824 SF
Lot size
0.28 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Number of units
2
Listing Agency:
Legend Realty
(256) 428-3780
Listed By:
Joy Bender · License #125234
(408) 679-1297
Added: Jul 13
Changed: Oct 17
Last Checked: Oct 17 at 9:06PM
MLS# 21919219
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains 2,824 square feet on a 0.28-acre lot and is currently occupied under active leases. Recent improvements include granite kitchen countertops, renovated bathrooms, LVP and tile flooring, interior paint, select replacement windows, a newer garage door, and AC units installed 1.5 years ago. The property also includes refrigerators, dishwashers, washers, and dryers.
Parking is provided through a garage, driveway, alley access, and off-street spaces. Public water and public sewer serve the property, with central air conditioning throughout. Its Huntsville setting offers access to Downtown Huntsville, Redstone Arsenal, Research Park, UAH, A&M University, Campus 805, Stovehouse, and Yellowhammer Brewery.
Parking is provided through a garage, driveway, alley access, and off-street spaces. Public water and public sewer serve the property, with central air conditioning throughout. Its Huntsville setting offers access to Downtown Huntsville, Redstone Arsenal, Research Park, UAH, A&M University, Campus 805, Stovehouse, and Yellowhammer Brewery.
Key Highlights
- 2,824‑square‑foot duplex on a 0.28‑acre lot
- Currently rented under active leases
- AC units installed 1.5 years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,601
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,020
$412.0K
Cap Rate 7%
$294,300
$294.3K
Cap Rate 9%
$228,900
$228.9K
Market Conditions
NOI Build-Up for 2,824 SF
Gross rent
$35.6K $12.60/SF
− Vacancy
−$6.2K −$2.18/SF
EGI
$29.4K $10.42/SF
− OpEx
−$8.8K −$3.13/SF
NOI
$20.6K $7.30/SF
Area
Huntsville, AL
Vacancy
17.29%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,020
Cap Rate 7%
$294,300
Cap Rate 9%
$228,900
Alternative Uses
Best Use
Multifamily LT 5
$294.3K
$257.5K – $343.4K
NOI $20,601 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$254.8K
$223.0K – $297.3K
NOI $17,838 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$735.4K
$643.5K – $857.9K
NOI $51,476 @ 7.0% cap · market cap 16.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Explore this area
Business Placement
Demographics for 35805, AL
23,189
Population
10,618
Households
2.2
Avg Household Size
31
Median Age
18%
College-Educated
78%
High-School Grad
9.2 sq mi
ZIP Area
2,521
Density / Sq Mi
$31,247
Median Household Income
$26,824
Median Earnings
$800
Median Rent
$108,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with refreshed interiors, central air, off-street parking, and active leases in place.
Where is this duplex located?
The property is located at 3509/3511 Clopton Street Huntsville, AL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 2,824‑square‑foot duplex on a 0.28‑acre lot; Currently rented under active leases; AC units installed 1.5 years ago
