Huntsville Fourplex with Townhouse
9008 Mahogany Row SE, Huntsville, AL 35802
MULTI_FAMILY - Huntsville, AL
Property size:
4,932 SFLot size:
0.40 AcresPrice / SF:
$115/SF- Added:
- May 4, 2026
- Days on Market:
- 12
- Last Refresh:
- May 15 at 6:06 pm
Property Features for 9008 Mahogany Row SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Off Street, Parking Lot
- Appliances
- Dishwasher, Electric Water Heater, Refrigerator, Oven, W/D Hookup
- Standard status
- Active
- APN
- 1809321005006.000
- Size
- 4,932 SF
- Lot size
- 0.40 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 4
Listing agent Len Johnson License #40398 (256) 509-2078
Listing office Gateway Al Realty Group LLC 1200 Winner Ave, AL (256) 509-2078
Listing date May 4, 2026
MLS# 21905223
Listing URL
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HighLights
- Four‑plex featuring a mix of 3‑bedroom and 2‑bedroom units, each with 3 bathrooms.
- Highly desirable Huntsville location, convenient to work, shopping, and exceptional schools.
- Located on a cul‑de‑sac, minimizing traffic and enhancing privacy.
- Private parking lot for residents.
- Units include essential appliances: Dishwasher, Refrigerator, Oven, and W/D Hookup.
- Option for portfolio purchase with two additional 4‑plex properties nearby.
Overview
This fourplex features a townhouse-style layout, comprising two three-bedroom, three-bath units and two two-bedroom, three-bath units. It is situated in a popular Huntsville location, offering convenient access to workplaces and shopping areas. The property benefits from its proximity to exceptional schools and high walkability. Located on a cul-de-sac, the property experiences reduced drive-through traffic, contributing to a quieter neighborhood atmosphere. A private parking lot is available for residents. The property is part of a potential portfolio purchase opportunity, with two additional fourplex properties located at 9002 & 9016 Mahogany Row.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$399.8K
NOI $35,979 @ 9.00% cap · cautious / downside scenario
Moderate
$514.0K
NOI $35,979 @ 7.00% cap · market / base-case scenario
Aggressive
$719.6K
NOI $35,979 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.1k | $12.60 |
| − Vacancy | −$10.7k | −$2.18 |
| EGI | $51.4k | $10.42 |
| − OpEx | −$15.4k | −$3.13 |
| NOI | $36.0k | $7.30 |
4,932 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$514.0K
$449.7K – $599.7K
NOI $35,979 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$445.0K
$389.4K – $519.2K
NOI $31,153 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,900 @ 7.0% cap · market cap 15.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.543935
- Latitude
- 34.649783
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fourplex in Huntsville with a mix of unit sizes.
Where is this quadplex located?
The property is located at 9008 Mahogany Row SE Huntsville, AL.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Four‑plex featuring a mix of 3‑bedroom and 2‑bedroom units, each with 3 bathrooms.; Highly desirable Huntsville location, convenient to work, shopping, and exceptional schools.; Located on a cul‑de‑sac, minimizing traffic and enhancing privacy.
