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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 Market236

Property Features for 415 2ND AVENUE SE

General Information

Property type Residential Multi Family
Property subtype Other
Parking 4
Parking features Parking Lot
Appliances Cooktop, 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

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

Amenities

washer
dryer
stove
refrigerator

Building Details

Floors in Building 2
Number of units 4
Building materials Wood
Listing Agency: Sherry Pruitt Real Estate
Listed By: Sherry Pruitt · License #117944
Added: Mar 9 Changed: Oct 29 Last Checked: Oct 30 at 2:06AM
MLS# 21911684

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Rey
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Investment Insights

Based on property information with market context.

This 3,000-square-foot quadplex contains four apartments, each with two bedrooms, one bathroom, and an open floor plan. Renovation work covered the HVAC, electrical and plumbing systems, flooring, kitchens, and bathrooms. Each apartment includes a washer, dryer, cooktop, and refrigerator. The shingle roof is four years old.

The property occupies a 0.8-acre parcel and has a parking lot.

Key Highlights

  • Four apartments, each configured with 2 bedrooms and 1 bathroom
  • 3,000 square feet of building area on a 0.8‑acre parcel
  • Renovations included HVAC, electrical, plumbing, flooring, kitchens, and bathrooms

Property Analytics

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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

Frequently Asked Questions

What type of property is this?
Quadplex - Renovated apartments include in-unit laundry appliances and kitchen equipment.
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 apartments, each configured with 2 bedrooms and 1 bathroom; 3,000 square feet of building area on a 0.8‑acre parcel; Renovations included HVAC, electrical, plumbing, flooring, kitchens, and bathrooms
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