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Duplex With Detached Apartment
For Sale
$449,000

713 Blount Avenue, Guntersville, AL 35976

Business Opportunity, Guntersville, AL

Property Size2,717 SF
Lot Size0.50 Acres
Price / SF$165.26
Days on Market93

Property Features for 713 Blount Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business
Parking features Garage, Driveway
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 Vinyl, Carpet, Wood
Roof type Shingle
Listing Agency: Southern Elite Realty
Listed By: Donna Black · License #121662
Added: Jul 25 Changed: Oct 21 Last Checked: Oct 25 at 6:06PM
MLS# 21924787

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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.

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 / Yr
$16,004
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $16,004 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$210.1K
$183.8K – $245.1K (±1% cap)
NOI $14,707 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$586.4K
$513.1K – $684.2K (±1% cap)
NOI $41,050 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby

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
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?
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 $449,000.
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
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