Building Details

Tenancy Multi

Listing Agency: Bone Realty

Listed By: John Bone · License #AL 000017153-0

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 31 at 10:52PM

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Investment Insights

Based on property information with market context.

This duplex at 408 S 3rd Street in Gadsden, Alabama, contains two residential sides. Each side is configured with two bedrooms and one bathroom, providing a consistent layout across both units. The property is located in the 35901 ZIP code.

Key Highlights

• Two‑unit duplex at 408 S 3rd Street, Gadsden, AL 35901
• Each side includes 2 bedrooms and 1 bathroom
• Consistent two‑bedroom, one‑bathroom layout across both units

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Bakery Veterinary Clinic Garden Center (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,537

Businesses Nearby

Explore this area Business Placement

Demographics for 35901, AL

18,671

Population

9,075

Households

2.1

Avg Household Size

43

Median Age

22%

College-Educated

85%

High-School Grad

59.2 sq mi

ZIP Area

315

Density / Sq Mi

$47,826

Median Household Income

$30,212

Median Earnings

$747

Median Rent

$174,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Each residence includes two bedrooms and one bathroom.

Where is this duplex located?

The property is located at 408 S 3rd Street Gadsden, AL.

What are key features of this property?

This property features: Two‑unit duplex at 408 S 3rd Street, Gadsden, AL 35901; Each side includes 2 bedrooms and 1 bathroom; Consistent two‑bedroom, one‑bathroom layout across both units