28520 2nd Street Daphne, AL $ 649,999
28520 2nd Street
$ 649,999
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28520 2nd Street

Daphne, AL, 36526
$ 649,999
Bedrooms8 Baths8.0 Sq 3,960

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in Daphne, AL

for $649,999 with 8 bedrooms and 8 full baths. This 3,960 square foot home was built in 1979.

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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Multi-Family Active

Price

$ 649,999

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 3,220

Style

Year Built

1979

Town/City

Daphne

County/Region

Baldwin

MLS | Web ID

395706

List By
Maura McGraw

Listing Agent

Waters Edge Realty

Broker

maura@mauramcgraw.com

Email

Affordability Calculator

$4,270
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$268
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Daphne High High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2026$649,999 Listed Price

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28520 2nd Street, Daphne, AL, 36526 is a Multi-Family Home for sale at $649,999 with 3,960 sqft. 28520 2nd Street has 8 bedrooms, 8.0 baths, and was built in 1979. The property's zip code is 36526 which is in Daphne, AL