Updated Investment
3509/3511 Clopton Street Huntsville, AL 35805
New
3509/3511 Clopton Street, Huntsville, AL, 35805
$315,000
For Sale
$315,000
MULTI_FAMILY - Huntsville, AL
Property Size2,824 SF
Lot Size0.28 Acres
Price / SF$111.54
Days on Market5
Property Features for 3509/3511 Clopton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- Driveway, Garage, Alley, Off Street
- Appliances
- Refrigerator, Dishwasher, Washer, Dryer
- 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
3508 Memorial Parkway SW, Huntsville, AL
Listed by
Joy Bender · License #125234
(408) 679-1297
Added: Jul 13 Checked: Jul 17 at 10:06 pm
MLS# 21919219
Listing URL
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.
Investment Insights
Based on property information with market context.
This updated duplex at 3509/3511 Clopton Street in Huntsville offers a two-unit residential income setup currently rented under active leases. Reported improvements include granite kitchen counters, updated bathrooms, new LVP and tile flooring, and fresh interior paint. Additional updates noted include new AC units installed approximately 1.5 years ago, some new windows, and a new garage door.
The property is situated in an established neighborhood in Madison County, with convenient access described to Downtown Huntsville, Redstone Arsenal, Research Park, UAH, A&M University, Campus 805, Stovehouse, and Yellowhammer Brewery.
The overall property size is listed at 2,824 square feet on a 0.28-acre lot.
The property is situated in an established neighborhood in Madison County, with convenient access described to Downtown Huntsville, Redstone Arsenal, Research Park, UAH, A&M University, Campus 805, Stovehouse, and Yellowhammer Brewery.
The overall property size is listed at 2,824 square feet on a 0.28-acre lot.
Key Highlights
- Duplex currently rented under active leases
- Updates include granite kitchen counters, updated bathrooms, new LVP and tile flooring, and fresh interior paint
- Central air with new AC units installed about 1.5 years ago
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 | $35.6k | $12.60 |
| − Vacancy | −$6.2k | −$2.18 |
| EGI | $29.4k | $10.42 |
| − OpEx | −$8.8k | −$3.13 |
| NOI | $20.6k | $7.30 |
2,824 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated duplex with recent interior finishes and newer AC units, currently rented under active leases.
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: Duplex currently rented under active leases; Updates include granite kitchen counters, updated bathrooms, new LVP and tile flooring, and fresh interior paint; Central air with new AC units installed about 1.5 years ago
