Huntsville Multi-Unit Investment
4913 Cotton Row NW Huntsville, AL 35816
4913 Cotton Row NW, Huntsville, AL, 35816
$405,000
For Sale
$405,000
MULTI_FAMILY - Huntsville, AL
Property Size3,384 SF
Lot Size0.32 Acres
Price / SF$119.68
Days on Market10
Property Features for 4913 Cotton Row NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Driveway, Off Street, Parking Lot
- Standard status
- Active
- APN
- 1409290001090000
- Size
- 3,384 SF
- Lot size
- 0.32 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1984
- Number of units
- 4
Listing Agency
Siven Realty
(256) 658-9196
Po Box 22271, AL
Listed by
Ken Roper · License #76519
(256) 658-9196
Added: Jul 8 Checked: Jul 17 at 12:06 pm
MLS# 21909878
Listing URL
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Investment Insights
Based on property information with market context.
This well-maintained 4-plex multi-unit property is located in Huntsville, AL. Each unit features 2 bedrooms, 1 full bath, and a storage room. The property includes well-maintained landscaping and grounds. Its location offers convenient access to UAH, Oakwood University, Mid-City, and I-565. The property consists of 3384 square feet and sits on a 0.32-acre lot. It is currently being offered for sale as-is.
Key Highlights
- 4‑plex multi‑unit property built in 1984
- Each unit offers 2 bedrooms, 1 full bath, and a storage room
- Utilities: public water and public sewer
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 | $42.6k | $12.60 |
| − Vacancy | −$7.4k | −$2.18 |
| EGI | $35.3k | $10.42 |
| − OpEx | −$10.6k | −$3.13 |
| NOI | $24.7k | $7.30 |
3,384 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$352.7K
$308.6K – $411.4K
NOI $24,686 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$305.4K
$267.2K – $356.3K
NOI $21,375 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$881.2K
$771.1K – $1.03M
NOI $61,684 @ 7.0% cap · market cap 15.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Crown Rich Entertainment
Music Venue
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained 4-plex near UAH, Oakwood, Mid-City, and I-565.
Where is this quadplex located?
The property is located at 4913 Cotton Row NW Huntsville, AL.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: 4‑plex multi‑unit property built in 1984; Each unit offers 2 bedrooms, 1 full bath, and a storage room; Utilities: public water and public sewer
