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4-Unit Quadplex with Storage
For Sale
$405,000

4913 Cotton Row NW, Huntsville, AL 35816

Residential Income, Huntsville, AL

Property Size3,384 SF
Lot Size0.32 Acres
Price / SF$119.68
Days on Market101

Property Features for 4913 Cotton Row NW

General Information

Property type Residential Multi Family
Property subtype Other
Parking 8
Parking features Off Street, Driveway, Parking Lot
Subdivision Cotton Row Estates
Elementary school Highland Elementary
Middle school Mcnair
High school Jemison
Directions North On Sparkman Drive, Left On Cotton Row, Building On Left
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
Listed By: Ken Roper · License #76519
Added: Jul 8 Changed: Sep 12 Last Checked: Oct 16 at 6:06AM
MLS# 21909878

Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3384-square-foot quadplex, built in 1984, contains four separate units. Each unit includes two bedrooms, one full bathroom, and a storage room. The property is being sold in as-is condition and is served by public water and public sewer. Site features include a driveway, parking lot, and off-street parking, with landscaped grounds serving the building.

Located at 4913 Cotton Row NW in Huntsville, the property is near UAH, Oakwood University, Mid-City, and I-565. Its 0.32-acre parcel supports the existing multifamily improvements and on-site parking configuration.

Key Highlights

  • 4‑unit quadplex with 3384 square feet
  • Each unit has 2 bedrooms, 1 full bath, and a storage room
  • Built in 1984 on a 0.32‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,686
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,720 $493.7K
Cap Rate 7%
$352,657 $352.7K
Cap Rate 9%
$274,289 $274.3K
Market Conditions
NOI Build-Up for 3,384 SF
Gross rent
$42.6K $12.60/SF
− Vacancy
−$7.4K −$2.18/SF
EGI
$35.3K $10.42/SF
− OpEx
−$10.6K −$3.13/SF
NOI
$24.7K $7.30/SF
Area
Huntsville, AL
Vacancy
17.29%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,720
Cap Rate 7%
$352,657
Cap Rate 9%
$274,289

Alternative Uses

Best Use
Multifamily LT 5
$352.7K
$308.6K – $411.4K (±1% cap)
NOI $24,686 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$305.4K
$267.2K – $356.3K (±1% cap)
NOI $21,375 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$881.2K
$771.1K – $1.03M (±1% cap)
NOI $61,684 @ 7.0% cap · market cap 15.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Crown Rich Entertainment Music Venue

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Catering Service Parking Lot & Garage Florist 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

720
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each unit offers two bedrooms, a full bath, and a dedicated storage room.
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‑unit quadplex with 3384 square feet; Each unit has 2 bedrooms, 1 full bath, and a storage room; Built in 1984 on a 0.32‑acre parcel
More about this property
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