Remodeled
New
For Sale
$395,000
4918 Cotton Row, Huntsville, AL 35816
Residential Income, Huntsville, AL
Property Size4,048 SF
Lot Size0.27 Acres
Price / SF$97.58
Days on Market2
Property Features for 4918 Cotton Row
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi Family
Parking
5
Parking features
Parking Lot
Patio and Porch features
Patio, Deck
Exterior features
Curb/Gutters, Sidewalks
Fireplace
1
Appliances
Dishwasher, Electric Water Heater, Refrigerator, Oven, W/D Hookup
Subdivision
Cotton Row Estates
Elementary school
Highland Elementary
Middle school
Mcnair
High school
Jemison
Directions
West University Dr./72w, Right On Sparkman Dr., Left On Cotton Row, Building On The Right Corner Of Cotton Row And The Access Road To Cobblestone Condo's.
Standard status
Active
APN
1409290001070.000
Size
4,048 SF
Lot size
0.27 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
fireplace
laundry area
Building Details
Year built
1984
Floors in Building
2
Number of units
4
Listing Agency:
Holloway & Associates
(256) 852-3350
Listed By:
A. Karnice Holloway · License #51158
(256) 755-9196
Added: Oct 7
Last Checked: Oct 8 at 1:06AM
MLS# 21931170
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.
Investment Insights
Based on property information with market context.
This 4,048-square-foot quadplex contains four two-bedroom, one-bath units. Each apartment has a living room with a fireplace, a laundry area, and an eat-in kitchen. The building was remodeled in 2021, with a new roof, windows, and hot water heaters; the property has three HVAC units.
The property is near Oakwood University, UAH, Mid City, shopping, and Hwy 565. It sits on a 0.2666-acre lot and includes a parking lot, patio, and deck. Public water and sewer serve the property.
The property is near Oakwood University, UAH, Mid City, shopping, and Hwy 565. It sits on a 0.2666-acre lot and includes a parking lot, patio, and deck. Public water and sewer serve the property.
Key Highlights
- Four units, each with 2 bedrooms and 1 bath
- 4,048 square feet on 0.2666 acres
- 2021 remodel included a new roof, windows, and hot water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,530
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,600
$590.6K
Cap Rate 7%
$421,857
$421.9K
Cap Rate 9%
$328,111
$328.1K
Market Conditions
NOI Build-Up for 4,048 SF
Gross rent
$51.0K $12.60/SF
− Vacancy
−$8.8K −$2.18/SF
EGI
$42.2K $10.42/SF
− OpEx
−$12.7K −$3.13/SF
NOI
$29.5K $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%
$590,600
Cap Rate 7%
$421,857
Cap Rate 9%
$328,111
Alternative Uses
Best Use
Multifamily LT 5
$421.9K
$369.1K – $492.2K
NOI $29,530 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$365.3K
$319.6K – $426.2K
NOI $25,570 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$1.05M
$922.3K – $1.23M
NOI $73,787 @ 7.0% cap · market cap 18.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four matching units each include a fireplace, laundry area, and eat-in kitchen.
Where is this quadplex located?
The property is located at 4918 Cotton Row Huntsville, AL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bath; 4,048 square feet on 0.2666 acres; 2021 remodel included a new roof, windows, and hot water heaters
