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Renovated 4-Unit Quadplex
For Sale
$265,000

415 2nd Avenue SE, Hamilton, AL 35570

Residential Income, Hamilton, AL

Property Size3,000 SF
Lot Size0.80 Acres
Price / SF$88.33
Days on Market124

Property Features for 415 2nd Avenue SE

General Information

Property type Residential Multi Family
Property subtype Other
Parking 4
Parking features Parking Lot
Appliances Oven, Refrigerator, Washer, Dryer
Subdivision Metes And Bounds
Elementary school Hamilton Elementary
Middle school Hamilton Middle
High school Hamilton High
Directions 415 2nd Ave. Se Hamilton
Standard status Active
Size 3,000 SF
Lot size 0.80 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Wall Unit(s)
Water source Public

Building Details

Floors in Building 2
Number of units 4
Listing Agency: Sherry Pruitt Real Estate
Listed By: Sherry Pruitt · License #117944
Added: May 14 Changed: Aug 24 Last Checked: Sep 14 at 1:06AM
MLS# 21911684

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Investment Insights

Based on property information with market context.

This 3,000-square-foot quadplex contains four residential units, each configured with two bedrooms and one bathroom. The units feature open floor plans and have been renovated with updated HVAC, electrical, plumbing, flooring, kitchens, and bathrooms. A shingle roof installed 4 years ago serves the property.

Each unit includes a stove, refrigerator, washer, and dryer. The property also provides a parking lot, with public water and public sewer serving the building. Located in Hamilton, Alabama, the asset is identified as a residential income property and is offered for sale.

Key Highlights

  • Four units, each with 2 bedrooms and 1 bathroom
  • 3,000 square feet across the quadplex
  • Renovations include HVAC, electrical, plumbing, flooring, kitchens, and bathrooms

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 35570, AL

10,774
Population
5,020
Households
2.1
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
233.6 sq mi
ZIP Area
46
Density / Sq Mi
$57,384
Median Household Income
$35,480
Median Earnings
$563
Median Rent
$120,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer consistent layouts, in-unit laundry appliances, and updated kitchens and bathrooms.
Where is this quadplex located?
The property is located at 415 2nd Avenue SE Hamilton, AL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 3,000 square feet across the quadplex; Renovations include HVAC, electrical, plumbing, flooring, kitchens, and bathrooms
More about this property
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