1106 2nd Street, Daphne, AL 36526
Park City · Baldwin - AL County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1979
Lot Size
0.03 acres
Lot Dimensions
134x123x99x120
Days on Market
82
MLS® Listing#
7759637
Property Features
Cooling
Heating
Parking
Fencing
Lot Features
Construction
Roof
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Daphne
- Middle:
- Daphne
- High:
- Daphne
Financial Details
Annual Taxes
$3,455
Parcel Number
4303060004039001
Affordability Calculator
$126,000
Estimated monthly payment
$3,353/mo
Principal $503,999 · Est. interest $703,124 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Daphne, AL
- $382,796
- Median Listing Price
- 66
- Median Days on Market
- 2,103
- Median Sq Ft
- $184
- Median Price / Sq Ft
- 384
- Active Listings
- This home’s price is 65% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Daphne, AL.
Location
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Points of Interest in Daphne, AL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11123 Genuine Risk Circle, Daphne, AL | $444,900 | 4 | 3 | 2,478 |
| 28110 Annabelle Lane, Daphne, AL | $445,000 | 4 | 3 | 2,173 |
| 28110 Annabelle Lane, Daphne, AL | $445,000 | 4 | 3 | 2,173 |
| 100 Tower Drive 703, Daphne, AL | $449,000 | 3 | 2 | 1,730 |
| 11258 Animal Kingdom Way, Daphne, AL | $449,000 | 4 | 3 | 2,491 |
| 11673 Agora Drive, Daphne, AL | $449,000 | 4 | 4 | 2,495 |
Moving Cost Estimate
EXIT Agents in Daphne
Listing Courtesy: Waters Edge Realty - 415-636-2508