Excellent multi-family investment opportunity in Huntsville, AL. This fourplex offers four 2-bedroom, 1-bath apartments in a highly desirable location near UAH, Highway 72, I 565, Sparkman Drive, MidCity &Downtown Huntsville. Improvements include updated LVP flooring throughout, updated lighting, ceiling fans, a new HVAC unit in 2025, and a separate private storage room for each unit. Unit B's water heater is approximately 3 years old, while Unit A's water heater was replaced in 2025. Strong location, solid updates, and close proximity to major Huntsville attractions make this a standout investment property. Property also has privacy fence.
For sale
Price cut: $11.6K (4/17)
$391,900
1505 Medland Rd NW, Huntsville, AL 35816
--beds
--baths
3,280sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$382,000 Zestimate®
$119/sqft
$-- HOA
What's special
- 65 days |
- 781 |
- 69 |
Zillow last checked:
Listing updated:
Listed by:
John Wesley Brooks 256-797-2283,
Capstone Realty LLC Huntsville,
Nabila Arbaje 305-747-3285,
Capstone Realty LLC Huntsville
Source: ValleyMLS,MLS#: 21912014
Tour with a local agent
Facts & features
Interior
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Refrigerator, Dishwasher, W/D Hookup, Electric Water Heater
Features
- Has basement: No
Interior area
- Total structure area: 3,280
- Total interior livable area: 3,280 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway-Concrete, Parking Pad
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio, Deck
- Exterior features: Balcony, Curb/Gutters, Sidewalks
- Fencing: Privacy
Lot
- Size: 0.27 Acres
- Dimensions: 95 x 125
Details
- Parcel number: 1408283003050.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: Executive Hills
Location
- Region: Huntsville
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $369,600
- Annual tax amount: $4,287
- Date on market: 3/12/2026
Estimated market value
$382,000
$363,000 - $401,000
$1,157/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Price change | $391,900-2.9%$119/sqft |
Source: | ||
| 3/12/2026 | Listed for sale | $403,500+0.9%$123/sqft |
Source: | ||
| 12/21/2025 | Listing removed | $399,900$122/sqft |
Source: | ||
| 11/10/2025 | Contingent | $399,900$122/sqft |
Source: | ||
| 10/1/2025 | Listed for sale | $399,900+21.2%$122/sqft |
Source: | ||
| 5/18/2021 | Sold | $330,000+1.5%$101/sqft |
Source: | ||
| 4/20/2021 | Pending sale | $325,000$99/sqft |
Source: | ||
| 4/14/2021 | Listed for sale | $325,000+113.8%$99/sqft |
Source: | ||
| 3/29/2018 | Sold | $152,000$46/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,287 +3.3% | $73,920 +3.3% |
| 2024 | $4,150 +11.4% | $71,560 +11.4% |
| 2023 | $3,725 +150.5% | $64,220 +142.7% |
| 2022 | $1,487 -6.4% | $26,460 -3.4% |
| 2021 | $1,588 +29.6% | $27,380 +29.6% |
| 2020 | $1,225 | $21,120 |
| 2019 | $1,225 | $21,120 +55.5% |
| 2018 | $1,225 +55.5% | $13,580 |
| 2017 | $788 | $13,580 |
| 2016 | $788 | $13,580 |
| 2015 | $788 +1.3% | $13,580 +1.3% |
| 2014 | $777 | $13,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Executive Hill
Nearby schools
GreatSchools rating
- 3/10Highlands Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 2/10Ronald McNair 7-8Grades: 7-8Distance: 3.2 mi
- 2/10Jemison High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Highland Elementary
- Middle: Mcnair
- High: Jemison
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Alabama
- Madison County
- Huntsville
- 35816
- Executive Hill
- 1505 Medland Rd NW





