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$649,999 Just Listed
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Property 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 and investor-friendly.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.
Full Property Details
Full Property Details for 8520 2nd St
General
- Price: $649,999
- Taxes: $3,220
- Status: Active
- Type: Multi-Family
- Source: 934
- MLS ID: 395706
- Updated: 4/25/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dishwasher, Microwave, Refrigerator
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Shared Amenities: None
Parking
- Parking Features: Parking Lot
Location
- Area: Daphne 1
- County: Baldwin
- Subdivision: Park City
- Driving Directions: Head East on Hwy 98 and take a right onto Academy Dr. Next right on Second St.
School Information
- Elementary School: Daphne Elementary
- Middle School: Daphne Middle
- High School: Daphne High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric (Cool)
Utilities
- Utility Description: Riviera Utilities, Cable Connected
Structural Information
- Structure Type: Multi-Story
- Exterior Const.: Wood Siding
- Roof: Metal
- Stories/Levels: 1
- Building Size: 3960
- Square Feet: 3,960
- Sq. Ft. Source: Seller
- Year Built: 1979
- Property Condition: Resale
Lot Features
- Property View: None/Not Applicable
- Lot Dimensions: 134 x 123 x 99 x 120
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Tax Amount: $3,220
Disclosures and Reports
- Ownership: Whole/Full
- Property ID: 4303060004039001
Listed by Waters Edge Realty
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Price & Sales History for 8520 2nd St
Date
Details
Price
Change
Source
4/25/2026
Listed
$649,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8520 2nd St
8520 2nd Street, Daphne, AL 36526 (MLS# 395706) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 8520 2nd Street is currently listed for $649,999 and was received on April 25, 2026. Want to learn more about 8520 2nd Street? Do you have questions about finding other Multi-Family real estate for sale in Daphne? You can browse all Daphne real estate or contact a Coldwell Banker agent to request more information.

