3509/3511 Clopton Street, Huntsville, AL 35805
MULTI_FAMILY - Huntsville, AL
- Added:
- May 28, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 19 at 4:06 am
Property Features for 3509/3511 Clopton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- Off Street, Driveway, Alley, Garage
- 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 agent Joy Bender License #125234 (408) 679-1297
Listing office Legend Realty 3508 Memorial Parkway SW, Huntsville, AL (256) 428-3780
Listing date May 28, 2026
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HighLights
- Duplex currently rented under active leases
- Updates include granite kitchen counters, updated bathrooms, and fresh interior paint
- New LVP and tile flooring throughout
- Central air with new AC units installed about 1.5 years ago
- Some new windows and a new garage door
- Utilities: public water and public sewer; appliances include refrigerator, dishwasher, washer, and dryer
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.6120645
- Latitude
- 34.7005989