New Market, AL Residential income properties for sale

Updated: Jul 16

Multi-Suite Mixed-Use Property

5499 Winchester Road, New Market, AL 35761

$899,000

7,186 sqft 2.20 AC lot

Main building has multiple suites with en‑suite baths
Includes a cottage with kitchenette for added flexibility or income potential
Detached 3‑bay garage with finished space
Updates include new copper and shingle roof on the main residence (April 2026) and electrical/plumbing updates (2010)
Central air; wood flooring; metal and shingle roofing

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This listing looks promising.

Here's a quick look at some key insights for

5499 Winchester Road, New Market, AL 35761

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$45K
Annual
Price @ 7% Cap

$648K
Suggested
Property Type

Single Family Residence
Built 1960

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in New Market, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Duplex with Two-Bed Units

127 Aurora Drive, Huntsville, AL 35811

$320,000

2,744 sqft 0.48 AC lot

Updated duplex with two-bedroom, two-bath units, central HVAC, driveway parking, public water, and septic service.

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Newly Constructed Duplex

214 Fern Bank Drive, Hazel Green, AL 35750

$349,900

2,100 sqft

New duplex featuring two bedrooms and two full baths per unit with granite countertops and stainless steel appliances.

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Updated Single-Family Residence

118 Pauline Drive, Hazel Green, AL 35750

$298,000

2,577 sqft 0.36 AC lot

Updated full-brick home with wood-burning fireplace, renovated kitchen, and major roof and HVAC improvements.

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Newly Built Duplexes Fully Occupied

109 Aurora Drive, Huntsville, AL 35811

Contact for pricing

5,006 sqft

New duplexes built in 2025 and fully occupied, offering two distinct unit layouts with modern interior finishes.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

65 Acres in New Market

259 Henry St Clair Road, New Market, AL 35761

$1,300,000

65.00 AC lot

Remarkable 65-acre property with mountain views near Huntsville.

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Residential Development Land in Hazel Green

000 Jimmy Fisk Rd, Hazel Green, AL 35750

Contact for pricing

25.00 AC lot

25 acre residential development opportunity in north Madison County.

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Land in Hazel Green, AL

111 Sydney School Way, Hazel Green, AL 35750

$149,900

3.49 AC lot

3.49 acre lot in Hazel Green's newest luxury community.

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Land in Sydney School Estates

119 Sydney School Way, Hazel Green, AL 35750

$139,900

3.34 AC lot

3.34 acre lot in Hazel Green's newest luxury community.

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Off-Market Properties in New Market, AL

Consider similar Off-Market properties in New Market, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

0 Walnut Grove Rd, New Market, AL 35761

Value Estimation by Request

27.00 AC lot

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Land

2313 Walker Ln, New Market, AL 35761

Value Estimation by Request

15.66 AC lot

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New Market, AL Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in New Market, AL on our real estate platform. These investment opportunities span a total of 7,186 square feet of properties for sale, with an estimated market value of $899,000.

Sale prices for residential income properties in New Market, AL average $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
35761	$899K

Neighborhood

Average Price

35761

$899K

New Market, AL Residential Income Properties for Sale

5499 Winchester Road, New Market, AL 35761