Four-Unit Residential
For Sale
$520,000
6201 Friar Tuck Drive, Huntsville, AL 35806
Each residence combines an eat-in kitchen and living area with private laundry and outdoor porches.
Property Size3,189 SF
Price / SF$163.06
Days on Market16
Property Features for 6201 Friar Tuck Drive
General Information
Standard status
Active
Size
3,189 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Sherwood Park
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Amenities
porches
storage closet
laundry closet
Building Details
Building Size
3,189 SF
Year Built
1983
Buildings
1
Listing Agency:
Keller Williams Horizon
(256) 801-2501
Listed By:
Pranteek Patnaik · License #83003
(256) 694-0117
Source:
Intownpartners
Added: Oct 15
Changed: Oct 27
Last Checked: Oct 27 at 4:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Horizon
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Investment Insights
Based on property information with market context.
This 3,189-square-foot quadplex, built in 1983, contains four residences. Each unit offers two bedrooms, two full bathrooms, an eat-in kitchen connected to the living area, two outdoor porches, a storage closet, and a full-size laundry closet.
At 6201 Friar Tuck Drive in Huntsville, the property has views of the U.S. Space & Rocket Center and is a short drive from Calhoun Community College, Redstone Arsenal, and Cummings Research Park.
At 6201 Friar Tuck Drive in Huntsville, the property has views of the U.S. Space & Rocket Center and is a short drive from Calhoun Community College, Redstone Arsenal, and Cummings Research Park.
Key Highlights
- Four units, each with 2 bedrooms and 2 full bathrooms
- 3,189 square feet; built in 1983
- Each unit has an eat‑in kitchen connected to the living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,264
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,280
$465.3K
Cap Rate 7%
$332,343
$332.3K
Cap Rate 9%
$258,489
$258.5K
Market Conditions
NOI Build-Up for 3,189 SF
Gross rent
$40.2K $12.60/SF
− Vacancy
−$6.9K −$2.18/SF
EGI
$33.2K $10.42/SF
− OpEx
−$10.0K −$3.13/SF
NOI
$23.3K $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%
$465,280
Cap Rate 7%
$332,343
Cap Rate 9%
$258,489
Alternative Uses
Best Use
Multifamily LT 5
$332.3K
$290.8K – $387.7K
NOI $23,264 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$287.8K
$251.8K – $335.7K
NOI $20,144 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$830.4K
$726.6K – $968.8K
NOI $58,129 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
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Business Placement
Demographics for 35806, AL
25,702
Population
14,398
Households
1.8
Avg Household Size
36
Median Age
60%
College-Educated
97%
High-School Grad
25.4 sq mi
ZIP Area
1,012
Density / Sq Mi
$79,338
Median Household Income
$50,458
Median Earnings
$1,287
Median Rent
$318,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence combines an eat-in kitchen and living area with private laundry and outdoor porches.
Where is this quadplex located?
The property is located at 6201 Friar Tuck Drive Huntsville, AL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 2 full bathrooms; 3,189 square feet; built in 1983; Each unit has an eat‑in kitchen connected to the living area
