Decatur Duplex For
410 11th Avenue SW Decatur, AL 35601
410 11th Avenue SW, Decatur, AL, 35601
$200,000
For Sale
$200,000
MULTI_FAMILY - Decatur, AL
Property Size2,059 SF
Price / SF$97.13
Days on Market155
Property Features for 410 11th Avenue SW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- Off Street
- Standard status
- Active
- APN
- 02 06 24 1 009 006.000
- Size
- 2,059 SF
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1980
- Number of units
- 2
Listing Agency
Access Real Estate
(256) 822-2548
908 4th Avenue SE, Decatur, AL
Listed by
Sam Mozeb · License #90515
(256) 309-7556
Added: Feb 12 Checked: Jul 17 at 9:06 am
MLS# 21909723
Listing URL
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Investment Insights
Based on property information with market context.
This full brick duplex is located in Decatur, Alabama. The property contains one unit with 1 bedroom and 1 bathroom, and another unit with 3 bedrooms and 1 bathroom. The building has a total size of 2059 square feet. This property is suitable for investors seeking rental income or a multi-generational living arrangement.
Key Highlights
- Full brick duplex - durable and low maintenance
- Income‑generating property with two units (1 bed/1 bath & 3 bed/1 bath)
- Suitable for investors or multi‑generational living
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 | $25.9k | $12.60 |
| − Vacancy | −$1.7k | −$0.82 |
| EGI | $24.3k | $11.78 |
| − OpEx | −$7.3k | −$3.53 |
| NOI | $17.0k | $8.25 |
2,059 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$242.6K
$212.3K – $283.0K
NOI $16,980 @ 7.0% cap · market cap 8.49%
Second Best
Apartment 5plus
$224.0K
$196.0K – $261.3K
NOI $15,679 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$428.4K
$374.8K – $499.8K
NOI $29,986 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Full brick duplex in Decatur, Alabama, ideal for investors.
Where is this duplex located?
The property is located at 410 11th Avenue SW Decatur, AL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Full brick duplex - durable and low maintenance; Income‑generating property with two units (1 bed/1 bath & 3 bed/1 bath); Suitable for investors or multi‑generational living
