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Renovated Fourplex in Hamilton, Alabama
For Sale
$280,000

415 2nd Avenue SE, Hamilton, AL 35570

MULTI_FAMILY - Hamilton, AL

Property Size3,000 SF
Lot Size0.80 Acres
Price / SF$93.33
Days on Market90

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 2 Changed: May 14 Last Checked: Jul 30 at 5:06PM
MLS# 21911684

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Investment Insights

Based on property information with market context.

This fully renovated fourplex in Hamilton, Alabama, presents an investment opportunity with all four units currently rented. Each unit features a 2-bedroom, 1-bath layout with open floor plans. The property has undergone complete renovations, including new HVAC, electrical, plumbing, flooring, updated kitchens and bathrooms, and a 4-year-old shingle roof. Each unit is fully equipped with a washer, dryer, stove, and refrigerator. The property offers turnkey income production with maximum cash flow potential. The total monthly income from all units is $3,100. The property is located at 415 2nd Avenue SE, Hamilton, AL 35570, in MARION County. The lot size is 0.8 acres, and the property size is 3,000 square feet.

Key Highlights

  • Fully rented 4‑plex generating $3,100 monthly income.
  • Complete renovations: new HVAC, electrical, plumbing, flooring, updated kitchens and bathrooms.
  • Turnkey investment property with maximum cash flow potential.

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

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

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 - Fully renovated fourplex with immediate income potential in Hamilton, AL.
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 $280,000.
What are key features of this property?
This property features: Fully rented 4‑plex generating $3,100 monthly income.; Complete renovations: new HVAC, electrical, plumbing, flooring, updated kitchens and bathrooms.; Turnkey investment property with maximum cash flow potential.
More about this property
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