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Savannah Moore

savannah.moore@engelvoelkers.com +1(251) 752-6831

$ 649,999

Est. payment -/mo

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8520 2nd Street Daphne, AL 36526

8 Beds

4 Baths

3,960 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,960 sqft

Price per Sqft $164

Subdivision Park City

MLS Listing ID 395706

Bedrooms 8

Full Baths 4

Construction Status Resale

Year Built 1979

Annual Tax Amount $3,220

Lot Dimensions 134 x 123 x 99 x 120

Property Sub-Type Multi Family

Property Description

This 4-unit multifamily property in the Seacliff area of Daphne presents a rare opportunity for investors seeking both immediate cash flow and long-term upside. Each unit offers a spacious 2-bedroom, 2-bathroom layout of approximately 990 square feet, making it highly attractive to tenants in today's rental market.The property has seen significant recent improvements, including a brand-new roof installed in 2025, along with various interior and exterior updates. With all units separately metered and no HOA restrictions, operating expenses remain efficient and investor-friendly.Current rents are below market, providing a clear path to increased income through stabilization and improved management. Estimated stabilized rents approach $5,500 per month, offering strong potential for value creation.Located just minutes from local shopping, dining, and Mobile Bay, this property benefits from consistent rental demand in one of Baldwin County's most sought-after submarkets. Whether you're looking to expand your portfolio, execute a value-add strategy, or explore future redevelopment potential, this property delivers flexibility and opportunity. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Daphne 1

Interior

Cooling Central Electric (Cool)

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Parking Lot

Community Features None

Utilities Available Riviera Utilities, Cable Connected

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Metal

Garage No

Building

Story 1

Foundation Slab

New Construction No

Construction Status Resale

Schools

Elementary Schools Daphne Elementary

Middle Schools Daphne Middle

High Schools Daphne High

Others

Senior Community No

Ownership Whole/Full

Listed by Waters Edge Realty

NEARBY SCHOOLS & PROPERTIES

Savannah Moore

Advisor | License ID: 149647-1

+1(251) 752-6831

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