28520 2nd Street, Daphne, AL 36526
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
28520 2nd Street,Daphne, AL 36526
$649,999
- 8 Beds
- 8 Baths
- 3,960 sq. ft.
- Multi-family
- Active
Listed by: maura mcgraw, ashley straub
Office: waters edge realty
MLS#:395706
Source:AL_BCAR
Price summary
- Price:$649,999
- Price per sq. ft.:$164.14
About this home
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....
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Home facts
- Year built:1979
- Listing ID #:395706
- Added:4 day(s) ago
- Updated:May 01, 2026 at 02:18 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:3,960 sq. ft.
Heating and cooling
- Cooling:Central Electric (Cool)
Structure and exterior
- Roof:Metal
- Year built:1979
- Building area:3,960 sq. ft.
- Construction Materials:Wood Siding
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Daphne High
- Middle school:Daphne Middle
- Elementary school:Daphne Elementary
Finances and disclosures
- Price:$649,999
- Price per sq. ft.:$164.14
- Tax amount:$3,220
Features and amenities
- Appliances:Dishwasher, Microwave, Refrigerator
Parking
- Parking description:Parking Lot
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