Daphne, AL 36526 1106 2nd Street

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Presented By: Waters Edge Realty; PHONE: 415-636-2508
  • MLS# 395706
  • 04/25/2026
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 8
  • SQFT • 3,960

Home Details

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. RENT-TO-OWN OPTION AVAILABLE. Please contact us for more information.
Presented By: Waters Edge Realty; PHONE: 415-636-2508

Additional Details

Price History

Sam Winter

Real Estate Agent
Price $649,999
MLS#395706
List Date 04/25/2026
Property Type Multi-Family
Phone 251.751.3908
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