Renovated
For Sale
$249,900
3600 MCVAY STREET SW, Huntsville, AL 35805
Residential Income, HUNTSVILLE, AL
Property Size1,579 SF
Lot Size0.25 Acres
Price / SF$158.26
Days on Market231
Property Features for 3600 MCVAY STREET SW
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Appliances
Refrigerator, Dishwasher, Washer, Dryer, Disposal
Subdivision
A W NEWSON MCCLUNG
Elementary school
RIDGECREST
Middle school
MORRIS
High school
COLUMBIA HIGH
Directions
West on Drake, right on Mcvay, Destination is on the left
Standard status
Active
APN
1702103004007000
Size
1,579 SF
Lot size
0.25 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
SEC 10 T4S R1W PT OF THE SW1/4 OF SEC 10 DESC AS BEING N 1249.4 FT & N 88 DEG E 20 FT & N 89 DEG E 143.6 FT FR THE SW COR OF SD SEC 10 TH FR THE PL OF TRUE BEG N 75 FT TH N 89 DEG E 143.4 FT TO A PT LYING ON THE W MAR OF MCVAY ST TH S ALG THE W MAR OF SD
Tax Annual Amount
617
Legal Description
SEC 10 T4S R1W PT OF THE SW1/4 OF SEC 10 DESC AS BEING N 1249.4 FT & N 88 DEG E 20 FT & N 89 DEG E 143.6 FT FR THE SW COR OF SD SEC 10 TH FR THE PL OF TRUE BEG N 75 FT TH N 89 DEG E 143.4 FT TO A PT LYING ON THE W MAR OF MCVAY ST TH S ALG THE W MAR OF SD
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Number of units
2
Listing Agency:
5 Star Agency
(256) 617-1042
Listed By:
Sophia Edmonson · License #110331
(256) 361-7611
Added: Mar 15
Changed: Oct 29
Last Checked: Oct 31 at 11:06AM
MLS# 21912298
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 1,579-square-foot duplex contains two units, including a vacant 2-bedroom, 1-bathroom residence and a second occupied unit. Renovations include kitchens, bathrooms, electrical and plumbing systems, flooring, paint, windows, and doors. The roof was replaced in 2018, and the appliances convey with the property.
The property was built in 1960 and occupies a 0.25-acre lot. Each tenant is responsible for utilities.
The property was built in 1960 and occupies a 0.25-acre lot. Each tenant is responsible for utilities.
Key Highlights
- Two‑unit duplex with 1,579 square feet on a 0.25‑acre lot
- Vacant unit has 2 bedrooms and 1 bathroom
- Renovations include kitchens, baths, electrical, plumbing, flooring, paint, windows, and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,519
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,380
$230.4K
Cap Rate 7%
$164,557
$164.6K
Cap Rate 9%
$127,989
$128.0K
Market Conditions
NOI Build-Up for 1,579 SF
Gross rent
$19.9K $12.60/SF
− Vacancy
−$3.4K −$2.18/SF
EGI
$16.5K $10.42/SF
− OpEx
−$4.9K −$3.13/SF
NOI
$11.5K $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%
$230,380
Cap Rate 7%
$164,557
Cap Rate 9%
$127,989
Alternative Uses
Best Use
Multifamily LT 5
$164.6K
$144.0K – $192.0K
NOI $11,519 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$142.5K
$124.7K – $166.2K
NOI $9,974 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$411.2K
$359.8K – $479.7K
NOI $28,782 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
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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 - One unit is vacant and ready for occupancy, while the other is tenant-occupied.
Where is this duplex located?
The property is located at 3600 MCVAY STREET SW Huntsville, AL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,579 square feet on a 0.25‑acre lot; Vacant unit has 2 bedrooms and 1 bathroom; Renovations include kitchens, baths, electrical, plumbing, flooring, paint, windows, and doors
