Brick 4-Plex on Corner
4507 Andros Drive, Huntsville, AL 35805
New
MULTI_FAMILY - Huntsville, AL
Property size:
3,560 SFLot size:
0.47 AcresPrice / SF:
$88/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 9:06 am
Property Features for 4507 Andros Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- Driveway
- Appliances
- Oven, Refrigerator
- Standard status
- Active
- APN
- 1706143003006000
- Size
- 3,560 SF
- Lot size
- 0.47 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 4
Listing agent Seth Swalve License #169613 (256) 736-4001
Listing office Capstone Realty LLC Huntsville 3306 Governors Drive SW, Huntsville, AL (256) 678-7045
Listing date Jun 2, 2026
MLS# 21919732
Listing URL
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HighLights
- Single‑level, full‑brick 4‑plex on a corner lot
- Four units total, each with 2 bed and 1 bath layout
- 3 of the 4 units have had some updates
- Apartment B is available for showings; do not disturb other tenants
- Each unit served by public water and public sewer
- Heating is central with natural gas; central air cooling; includes oven and refrigerator
Overview
This full-brick, single-level 4-plex is situated on a corner lot and consists of four 2-bedroom, 1-bath units. The property provides a straightforward income setup, with three of the four units having had some updates. The remaining unit, Apartment B, is available for showings. The seller requests that other tenants are not disturbed.
The building is positioned on a corner lot, offering additional site flexibility for an addition structure to be added. With two long-term tenants already in place and a record of zero problems of payment, the property may appeal to buyers looking for a stable, owner-occupied-style investment.
For investors or owner-operators, the unit mix and recurring 2 bed/1 bath layout can simplify leasing and operations. Recent updates in most units may also support ongoing rentability, while the available unit provides an opportunity to evaluate current condition and finishes during showings. The property’s configuration and layout make it well-suited for those seeking a residential income asset in a manageable, single-level format.
The building is positioned on a corner lot, offering additional site flexibility for an addition structure to be added. With two long-term tenants already in place and a record of zero problems of payment, the property may appeal to buyers looking for a stable, owner-occupied-style investment.
For investors or owner-operators, the unit mix and recurring 2 bed/1 bath layout can simplify leasing and operations. Recent updates in most units may also support ongoing rentability, while the available unit provides an opportunity to evaluate current condition and finishes during showings. The property’s configuration and layout make it well-suited for those seeking a residential income asset in a manageable, single-level format.
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 | $44.9k | $12.60 |
| − Vacancy | −$7.8k | −$2.18 |
| EGI | $37.1k | $10.42 |
| − OpEx | −$11.1k | −$3.13 |
| NOI | $26.0k | $7.30 |
3,560 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$371.0K
$324.6K – $432.8K
NOI $25,970 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$321.2K
$281.1K – $374.8K
NOI $22,487 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$927.0K
$811.2K – $1.08M
NOI $64,892 @ 7.0% cap · market cap 20.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.609552
- Latitude
- 34.684759
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Single-level, full-brick 4-plex with partially updated units and an available showing for Apartment B.
Where is this quadplex located?
The property is located at 4507 Andros Drive Huntsville, AL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Single‑level, full‑brick 4‑plex on a corner lot; Four units total, each with 2 bed and 1 bath layout; 3 of the 4 units have had some updates
