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Sold for $335,000
  • $335,000

    47-67 Groner St, Daleville, AL 36322

    12beds
    4,680sqft
    5-10 Units
    Built in 1979
    -- sqft lot
    $343,600 Zestimate®
    $72/sqft
    $1,073 Estimated rent

    Home value

    $343,600

    Estimated sales range

    Not available

    $1,073/mo

    Zestimate® history
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    $1,918/mo

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    What's special

    Brand-new roofFresh sidingUpdated windows
    Unleash the untapped potential of this 6-unit Multi-Family gem, delivering an impressive 8% cap rate that promises a rewarding return on investment. The current net operating income (NOI) of $28,121 merely scratches the surface, as tenants currently enjoy below-market rents for these generously sized 2-bedroom, 1-bath units. Envision the financial transformation when rental rates are adjusted to a modest market rate of $850 per unit, propelling the projected NOI to a remarkable $52,057. Elevate your investment portfolio with a property that has undergone recent upgrades, including a brand-new roof, fresh siding, updated windows, and modernized A/C units installed within the last few years. These enhancements not only enhance the property's curb appeal but also signify a commitment to quality and long-term sustainability, ensuring a sound investment for discerning buyers seeking both immediate returns and future appreciation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Prange 334-805-8938,

    Keller Williams Southeast Alabama

    Bought with:

    Michael Prange, 112440

    Keller Williams Southeast Alabama

    Source: SAMLS,MLS#: 202045

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Appliances
    • Included: Cooktop, Refrigerator
    Features
    • Flooring: Vinyl, Laminate
    Interior area
    • Total structure area: 4,680
    • Total interior livable area: 4,680 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: 4+ Car, Detached Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Waterfront features: No Waterfront
    Lot
    • Size: 2.08 Acres
    • Dimensions: 90,650 SF
    Details
    • Parcel number: 30 42 03 000 017 000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-10 Units
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Electric: Pea River Electric
    • Sewer: Public Sewer
    • Water: Public, City

    Community & HOA

    Location
    • Region: Daleville

    Financial & listing details

    • Price per square foot: $72/sqft
    • Date on market: 1/3/2025

    Price history

    DateEventPrice
    5/19/2025Sold$335,000-2.9%$72/sqft
    Source: SAMLS #202045 Report a problem
    5/15/2025Pending sale$345,000$74/sqft
    Source: SAMLS #202045 Report a problem
    4/11/2025Price change$345,000-5.5%$74/sqft
    Source: SAMLS #202045 Report a problem
    1/21/2025Price change$365,000-8.5%$78/sqft
    Source: SAMLS #202045 Report a problem
    1/3/2025Listed for sale$399,000$85/sqft
    Source: SAMLS #202045 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 36322

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Daleville Elementary
    • Middle: Daleville Middle School
    • High: Daleville High School (7-12)

    Source: SAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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