Updated Fourplex in South
9011 Mahogany Row Huntsville, AL 35802
9011 Mahogany Row, Huntsville, AL, 35802
$695,000
For Sale
$695,000
MULTI_FAMILY - Huntsville, AL
Property Size4,696 SF
Lot Size0.33 Acres
Price / SF$147
Days on Market218
Property Features for 9011 Mahogany Row
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Parking Lot, Off Street, Driveway
- Patio and Porch features
- Patio
- Exterior features
- Balcony, Curb/Gutters, Sidewalks
- Appliances
- Oven, Refrigerator, Dishwasher, W/D Hookup
- Standard status
- Active
- Size
- 4,696 SF
- Lot size
- 0.33 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating), Varies by Unit (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 4
Listing Agency
Willstar Property Management
(256) 270-6174
301 W Main Street, Albertville, AL
Listed by
Trey Chambless · License #119406
(256) 270-6174
Added: Dec 11, 2025 Checked: Jul 17 at 12:06 pm
MLS# 21881614
Listing URL
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Investment Insights
Based on property information with market context.
This fully updated fourplex is located in South Huntsville. The property contains 4,696 square feet and sits on a 0.33-acre lot. The building contains two downstairs units, each featuring two bedrooms and two bathrooms. The two upstairs units are two-story units, each with three bedrooms and two bathrooms. All units offer ample living space and storage. This property presents an investment opportunity.
Key Highlights
- Fully updated South Huntsville 4‑plex with two downstairs 2BR/2BA units and two upstairs 2‑story 3BR/2BA units
- Central A/C and central/electric heating with heating that varies by unit
- Unit appliances include oven, refrigerator, dishwasher, and W/D hookup
Local 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 | $59.2k | $12.60 |
| − Vacancy | −$10.2k | −$2.18 |
| EGI | $48.9k | $10.42 |
| − OpEx | −$14.7k | −$3.13 |
| NOI | $34.3k | $7.30 |
4,696 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$489.4K
$428.2K – $571.0K
NOI $34,257 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$423.8K
$370.8K – $494.4K
NOI $29,663 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,599 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fully updated fourplex with spacious units in South Huntsville.
Where is this quadplex located?
The property is located at 9011 Mahogany Row Huntsville, AL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Fully updated South Huntsville 4‑plex with two downstairs 2BR/2BA units and two upstairs 2‑story 3BR/2BA units; Central A/C and central/electric heating with heating that varies by unit; Unit appliances include oven, refrigerator, dishwasher, and W/D hookup
