Duplex With Detached
For Sale
$499,000
713 Blount Avenue, Guntersville, AL 35976
Business Opportunity, Guntersville, AL
Property Size2,717 SF
Lot Size0.50 Acres
Price / SF$183.66
Days on Market48
Property Features for 713 Blount Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Parking features
Driveway, Garage
Directions
Hwy 69 Into Guntersville, Left Onto Blount Ave, House Will Be About .7 Mile On Right.
Standard status
Active
APN
1501112003049.000
Size
2,717 SF
Lot size
0.50 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Carpet, Vinyl, Wood
Roof type
Shingle
Listing Agency:
Southern Elite Realty
(256) 202-1648
Listed By:
Donna Black · License #121662
(256) 200-2334
Added: Jul 25
Changed: Sep 10
Last Checked: Sep 10 at 5:06AM
MLS# 21924787
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.
Duplex property with two living units on a 0.5-acre lot at 713 Blount Avenue, Guntersville, AL 35976. The 2,717 SF main home offers five bedrooms and three baths, with vinyl, wood, and carpet flooring, central heating, central air conditioning, and a shingle roof. Parking is provided with a driveway and garage, and there is a detached 745 SF one-bedroom apartment above the two-car garage.
Utilities include public water and public sewer. The property is described as zoned for both residential and commercial use.
The home and detached apartment are being sold as-is, offering flexibility for an owner-occupant, multi-generational setup, or a tenant/office arrangement consistent with the on-site configuration.
Utilities include public water and public sewer. The property is described as zoned for both residential and commercial use.
The home and detached apartment are being sold as-is, offering flexibility for an owner-occupant, multi-generational setup, or a tenant/office arrangement consistent with the on-site configuration.
Key Highlights
- Duplex on a 0.5‑acre lot at 713 Blount Avenue, Guntersville, AL 35976
- 2,717 SF main home with 5 bedrooms and 3 baths
- Detached 745 SF one‑bedroom apartment above the two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$320,080
$320.1K
Cap Rate 7%
$228,629
$228.6K
Cap Rate 9%
$177,822
$177.8K
Market Conditions
NOI Build-Up for 2,717 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$24.5K $9.00/SF
− Vacancy
−$1.6K −$0.59/SF
EGI
$22.9K $8.42/SF
− OpEx
−$6.9K −$2.52/SF
NOI
$16.0K $5.89/SF
Area
Marshall 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$320,080
Cap Rate 7%
$228,629
Cap Rate 9%
$177,822
Alternative Uses
Best Use
Multifamily LT 5
$228.6K
$200.1K – $266.7K
NOI $16,004 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$210.1K
$183.8K – $245.1K
NOI $14,707 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$586.4K
$513.1K – $684.2K
NOI $41,050 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 35976, AL
16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
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?
Duplex - Duplex property in Guntersville includes a 2,717 SF main home plus a detached one-bedroom apartment over a two-car garage.
Where is this duplex located?
The property is located at 713 Blount Avenue Guntersville, AL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex on a 0.5‑acre lot at 713 Blount Avenue, Guntersville, AL 35976; 2,717 SF main home with 5 bedrooms and 3 baths; Detached 745 SF one‑bedroom apartment above the two‑car garage
