Duplex on
5902 WILLOW ROAD, Ider, AL 35981
For Sale
New
$200,000
Residential Income, IDER, AL
Property Size1,628 SF
Lot Size1.48 Acres
Price / SF$122.85
Days on Market1
Property Features for 5902 WILLOW ROAD
General Information
Property type
Property subtype
Parking
Parking features
Elementary school
Middle school
High school
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Water source
Building Details
Number of units
Listing Agency:
Zach Taylor
(855) 261-2233
Listed By:
Kevin Gomila
(931) 510-3272
Added: Nov 9
Last Checked: Nov 9 at 11:06PM
MLS# 21933652
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 duplex contains 1,628 square feet across two units and sits on a 1.48-acre parcel. The configuration allows an owner to occupy one unit while leasing the other. Public water serves the property, and parking is provided by a driveway.
Key Highlights
- 1,628‑square‑foot duplex with two units
- 1.48‑acre parcel
- Public water service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,590
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,800
$191.8K
Cap Rate 7%
$137,000
$137.0K
Cap Rate 9%
$106,556
$106.6K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$14.7K $9.00/SF
− Vacancy
−$952 −$0.59/SF
EGI
$13.7K $8.42/SF
− OpEx
−$4.1K −$2.52/SF
NOI
$9.6K $5.89/SF
Area
DeKalb County, AL
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,800
Cap Rate 7%
$137,000
Cap Rate 9%
$106,556
Alternative Uses
Best Use
Multifamily LT 5
$137.0K
$119.9K – $159.8K
NOI $9,590 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$127.0K
$111.1K – $148.1K
NOI $8,888 @ 7.0% cap · market cap 4.44%
Theoretical Best
Healthcare Medical
$262.3K
$229.5K – $306.0K
NOI $18,359 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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Business Placement
Demographics for 35981, AL
2,055
Population
816
Households
2.5
Avg Household Size
46
Median Age
17%
College-Educated
76%
High-School Grad
26.1 sq mi
ZIP Area
79
Density / Sq Mi
$41,434
Median Household Income
$34,464
Median Earnings
$101,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit property has public water and driveway parking.
Where is this duplex located?
The property is located at 5902 WILLOW ROAD Ider, AL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,628‑square‑foot duplex with two units; 1.48‑acre parcel; Public water service
