Killen AL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
9 Acres
Year built:
2020
Baths:
MLS#:
516843

ADDITIONAL INFORMATION

33 fixed mobile homes unites 17 3 bedroom 2 baths 16 2 bedroom 2 bath units. All separately metered, central heat and Air. Septic systems all units are 4 years old. Great location in Killen, AL.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
7.87 Acres
Year built:
1991
Baths:
MLS#:
515090
Subdivision:
Killen/Center Star

ADDITIONAL INFORMATION

GREAT INVESTMENT OPPORTUNITY just outside of Huntsville, AL, a thriving hub for economic growth! This well maintained and partially updated multi-family property offers an incredible opportunity for investors seeking a solid return. Property features 9 duplexes with a total of 18 units on 7.87 acres. This property has undergone significant updates based on valuable feedback from previous listing. Some of the units have been tastefully renovated, attracting new tenants at a higher rent rate. Some units have yet to undergo a refresh as they are currently occupied, providing immediate rental income. The recent rental income for February 2024 exceeded $7,800, demonstrating the future cash flow potential of this investment. Investors will appreciate the opportunity to capitalize on the strong rental demand in the area, coupled with the potential for future appreciation. Buyer to verify all information. NDA required to access financial information. Showings with accepted offer.

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Andrea D. Conner, License 000112954-0, Xome Inc., License C000100267, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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Killen Real Estate

The median home value in Killen, AL is $372,000. This is higher than the county median home value of $122,900. The national median home value is $219,700. The average price of homes sold in Killen, AL is $372,000. Approximately 75.47% of Killen homes are owned, compared to 17.99% rented, while 6.54% are vacant. Killen real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Killen real estate agent to arrange a tour today!

Killen, Alabama has a population of 1,073. Killen is less family-centric than the surrounding county with 25.08% of the households containing married families with children. The county average for households married with children is 28.64%.

The median household income in Killen, Alabama is $56,964. The median household income for the surrounding county is $44,888 compared to the national median of $57,652. The median age of people living in Killen is 38.7 years.

Killen Weather

The average high temperature in July is 88.4 degrees, with an average low temperature in January of 27 degrees. The average rainfall is approximately 56.9 inches per year, with 2.2 inches of snow per year.

Killen Real Estate Market Conditions

  • Median sales price

    $372,000
    7.57% change since last quarter
  • # Active listings

    125
    30-day change

Killen Schools and Demographics

Education near Killen, AL

Metric City County
High School Graduates 89.96 85.86
College Degree - 2 year 10.68 6.31
College Degree - 4 year 26 22.53
Graduate Degree 7.08 6.48
Expenditures per Student 8,517 9,877
Students per Teacher 15.2 15.5

Elementary Schools near Killen, AL

School Grades Students P/T Ratio ZIP
Brooks Elementary School PK - 06 924 21.8 35645
Harlan Elementary School PK - 04 461 14.4 35630
Highland Park Elementary School 01 - 02 218 13.9 35661
Howell Graves Presch PK - KG 252 15 35661
McBride Elementary School 03 - 05 627 16.5 35661
Webster Elementary School 01 - 02 221 15.5 35661
Weeden Elementary School KG - 04 461 15.8 35630

Middle Schools near Killen, AL

School Grades Students P/T Ratio ZIP
Florence Middle School 07 - 08 682 15.6 35630
Hibbett School 05 - 06 636 15.8 35630
Muscle Shoals Middle School 06 - 08 666 17.9 35661

High Schools near Killen, AL

School Grades Students P/T Ratio ZIP
Brooks High School 07 - 12 760 18.3 35645
Florence High School 10 - 12 987 15.4 35630
Muscle Shoals High School 09 - 12 896 20.1 35661

Ungraded Schools near Killen, AL

School Grades Students P/T Ratio ZIP
Florence Freshman Center 09 - 09 379 18.1 35630
Florence Learning Center 06 - 12 0 35630
Lexington School KG - 12 939 18.4 35648
Rogers High School PK - 12 1,213 18 35634
Wilson High School KG - 12 1,280 19.3 35634

Demographics near Killen, AL

Metric City County
Neighborhood Type Suburban
Population 1,073 92,590
Population Density 530 139
Median Age 38.7 41.5
People per Household 2.7 2.3
Median Household Income 56,964 44,888
Average Income per Capita 24,532 25,803