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Renovated Unit 4-Plex Investment
For Sale
$369,900
Pending

4425 Bonnell Drive, Huntsville, AL 35816

4-plex with one unit updated with new flooring and appliances, offering straightforward income potential.

Days on Market111

Property Features for 4425 Bonnell Drive

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: RE/MAX Alliance
Listed By: Michael Prosser · License #126175
Source: Exitrealty
Added: Apr 13 Changed: Jul 21 Last Checked: Jul 23 at 7:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Alliance

Investment Insights

Based on property information with market context.

This four-plex provides a residential income setup with multiple rental units under one ownership structure. Public remarks indicate that one of the units has been completely renovated, including new flooring and new appliances, while the remaining units are not described as having the same upgrades.

The property is located at 4425 Bonnell Drive in Huntsville, Alabama, in an established area with convenient access to shopping, dining, and major roads, supporting everyday tenant convenience.

For investors or owner-users evaluating a multi-unit acquisition, the presence of at least one renovated unit can help reduce near-term project scope compared to a fully uniform renovation scenario.

Key Highlights

  • 4‑plex with one unit updated with new flooring and new appliances
  • Investor‑focused 4plex priced below market value per provided remarks
  • Remaining units offer potential for renovation and rent increases, per provided remarks

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Locksmith (Bike/Boat/Book/etc) Store Gym & Fitness Center Skin Care Clinic Garden Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby

Demographics for 35816, AL

15,035
Population
7,972
Households
1.9
Avg Household Size
28
Median Age
27%
College-Educated
88%
High-School Grad
5.1 sq mi
ZIP Area
2,948
Density / Sq Mi
$38,947
Median Household Income
$28,060
Median Earnings
$875
Median Rent
$114,100
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 - 4-plex with one unit updated with new flooring and appliances, offering straightforward income potential.
Where is this quadplex located?
The property is located at 4425 Bonnell Drive Huntsville, AL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 4‑plex with one unit updated with new flooring and new appliances; Investor‑focused 4plex priced below market value per provided remarks; Remaining units offer potential for renovation and rent increases, per provided remarks
More about this property
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