Residential Income Property with Detached
713 Blount Avenue Guntersville, AL 35976
New
For Sale
$499,000
COMMERCIAL - Guntersville, AL
Property Size2,717 SF
Lot Size0.50 Acres
Price / SF$183.66
Days on Market6
Property Features for 713 Blount Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway, Garage
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
(256) 202-1648
Listed By:
Donna Black · License #121662
(256) 200-2334
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 30 at 1:06AM
MLS# 21924787
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Investment Insights
Based on property information with market context.
This residential income property includes a main home with approximately 2,717 square feet featuring 5 bedrooms and 3 baths, along with custom built-ins and character elements. A detached one-bedroom apartment of approximately 745 square feet sits above a two-car garage, creating an additional self-contained living space for guests, rental income, or office use. The property is offered as-is.
Located at 713 Blount Avenue in Guntersville, Alabama, the lot is approximately 0.50 acres and is described as zoned for both residential and commercial use.
The overall configuration provides two distinct units on one parcel, supported by a dedicated detached apartment above the garage for flexible day-to-day occupancy.
Located at 713 Blount Avenue in Guntersville, Alabama, the lot is approximately 0.50 acres and is described as zoned for both residential and commercial use.
The overall configuration provides two distinct units on one parcel, supported by a dedicated detached apartment above the garage for flexible day-to-day occupancy.
Key Highlights
- 0.50‑acre downtown Guntersville property zoned for both residential and commercial use
- 2,717 SF main home with 5 bedrooms and 3 baths
- Detached 745 SF one‑bedroom apartment above the 2‑car garage
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.5k | $9.00 |
| − Vacancy | −$1.6k | −$0.59 |
| EGI | $22.9k | $8.42 |
| − OpEx | −$6.9k | −$2.52 |
| NOI | $16.0k | $5.89 |
2,717 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two income-producing residences include a main 5-bedroom, 3-bath home and a detached one-bedroom unit above the 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: 0.50‑acre downtown Guntersville property zoned for both residential and commercial use; 2,717 SF main home with 5 bedrooms and 3 baths; Detached 745 SF one‑bedroom apartment above the 2‑car garage
