1106 2nd, Daphne, AL 36526

$629,999

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List Price
$629,999
Status
ACTIVE
Price Change
▼ $20,000 1781386184
MLS#
7759637
Year Built
1979
Lot Size
1,385
Acres
0.03
Subdivision
Park 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. Buyer to verify all information during due diligence.

Additional Information

Heating
Central
Air Conditioning
Central Air
Levels
Two
Elementary School
Daphne
Middle School
Daphne
High School
Daphne
View
Trees/Woods

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Calculator source: Real Geeks

Listing courtesy of Waters Edge Realty.