206 Washington Ave, Oneonta, AL 35121
This stunning, newly constructed duplex in Oneonta, Alabama, presents a remarkable investment opportunity. Located at 206 Washington Ave W, this Class A property boasts 1,700 square feet of net rentable space, spread across two units within a single, one-story building. Built in 2024 on a 0.5-acre lot, the duplex features a crawl space foundation. Each unit offers ample parking with two spaces per unit. Currently vacant, this property is zoned residential and presents a strong potential for immediate rental income. Market rents in the area support a monthly rental rate of $1200 per unit. The property's excellent location near downtown Oneonta provides easy access to a variety of retail and dining options. Its proximity to State Highways 231 and 75 offers convenient commuting to Huntsville and Cullman. The asking price is $282,500, and the owner is open to negotiation. This is an ideal investment for both new and experienced investors, particularly given the success of a similar duplex built by the same owner in Garden City. The property's APN is 081609313004020000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.