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Four-Unit Residential Building
New
For Sale
$520,000

6201 Friar Tuck Drive, Huntsville, AL 35806

Residential Income, Huntsville, AL

Property Size3,189 SF
Lot Size0.11 Acres
Price / SF$163.06
Days on Market2

Property Features for 6201 Friar Tuck Drive

General Information

Property type Residential Multi Family
Property subtype Other
Parking 8
Parking features Parking Lot
Appliances Dishwasher, Disposal, Refrigerator
Subdivision Sherwood Forest
Elementary school Morris
Middle school Mcnair
High school Columbia High
Directions West On 565 To Take Madison Pike Exit. Turn Right On Madison Pike. Turn Right Onto Robinhood Lane. Turn Right Onto Friar Tuck Dr Nw
Standard status Active
APN 1703053002008.000
Size 3,189 SF
Lot size 0.11 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1983
Number of units 4
Listing Agency: Keller Williams Horizon · Keller Williams Realty
Listed By: Pranteek Patnaik · License #83003
Added: Oct 15 Last Checked: Oct 16 at 7:06AM
MLS# 21931780

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 3,189-square-foot quadplex contains four apartments, each with two bedrooms and two full bathrooms. An eat-in kitchen opens directly to the living area, while two porches, a storage closet, and a full-size laundry closet complete each unit. The property was built in 1983 and includes dishwashers, disposals, and refrigerators. Heating is electric and central; cooling is provided by central air and window units.

The building is in Huntsville, with views of the U.S. Space & Rocket Center. Calhoun Community College, Redstone Arsenal, and Cummings Research Park are described as minutes away. The parcel measures 0.1124 acres, with public water and public sewer service.

Key Highlights

  • Four apartments, each with 2 bedrooms and 2 full bathrooms
  • 3,189 square feet on a 0.1124‑acre parcel
  • Each unit has an eat‑in kitchen, two porches, storage closet, and full‑size laundry closet

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 (±1% cap)
NOI $23,264 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$287.8K
$251.8K – $335.7K (±1% cap)
NOI $20,144 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$830.4K
$726.6K – $968.8K (±1% cap)
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

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Furniture & Home Goods Auto Repair Shop Hair Salon

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

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

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
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 - Four matching layouts combine private porches, in-unit laundry closets, and kitchens connected to the living areas.
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 apartments, each with 2 bedrooms and 2 full bathrooms; 3,189 square feet on a 0.1124‑acre parcel; Each unit has an eat‑in kitchen, two porches, storage closet, and full‑size laundry closet
More about this property
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