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1106 2nd Street, Daphne, AL 36526

$629,999
  • 1106 2nd Street, Daphne, AL 36526 Main Photo

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Pending
BEDS8 BATHS8 full SQUARE FEET3,960 MLS#395706
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPark City

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.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. RENT-TO-OWN OPTION AVAILABLE. Please contact us for more information.

1106 2nd Street | MLS# 395706

This multi-family property located at 1106 2nd Street, Daphne, AL 36526 is currently listed for sale with an asking price of $629,999. Search Daphne real estate on dtoifel.gobellator.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Home Style: Multi Story
Property Type: Four To Ten Units
Stories: 1.0
Taxes: $3,220
Year Built: 1979

Feature Descriptions

Appliances: Microwave, Dishwasher, Refrigerator
Community Features: None
Days on Site: 127
Flooring: Luxury Vinyl Plank
Lot: Less Than 1 Acre
Property Amenities: Cable
Utilities: Riviera Utilities, Cable

Local Schools

High School: Daphne High
Middle School: Daphne Middle
Elementary School: Daphne Elementary

Listed By / Shown By

Listed By

Agency Name: Waters Edge Realty
Agency Phone: 251-215-1783

Shown By

Agent Name: D. Toifel
Agent Phone: (251) 463-1366
Agency Title: Bellator Real Estate

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Estimated Payment

$ 3,473.82 per month $3,021.73 Principal & Interest $268.33 Property Tax $183.75 Homeowner's Insurance

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