Value-add property, rents are low as owner self-manages, located near Research Park district, University of Alabama college campus, and Redstone Arsenal. Inspection of occupied units to be performed after accepted contract, POF and pre-approval letter to accompany offers. New roof 2024, tenants enjoy upscale cabinetry, large patio area and/or balcony, installed microwaves, some appliances including water heaters replaced in 2025 and 2026. Seller can offer a package sale with up to 30 units.
Multi-familyProperty Type
1984Year Built
0.33 acresLot Size
8 spacesParking
Listed by Len Johnson• Gateway AL Realty Group LLC
Northwest Huntsville, located between Memorial Parkway NW and Research Park Blvd NW, is a residential and industrial Huntsville neighborhood with a grid of mid-century streets and pockets of greenway edges. The neighborhood’s character concentrates around the University Dr NW and Jordan Ln NW crossroads, where auto shops, taquerias, and long-running storefronts set a workaday rhythm. Lowe Mill ARTS & Entertainment and Campus 805 act as cultural anchors for gallery nights, studios, and taprooms. Housing ranges from brick ranches to modest bungalows, with mature trees and wide setbacks. John Hunt Park and the Aldridge Creek Greenway frame outdoor routines. The landscape shifts quickly from warehouses to quiet blocks, giving the area a practical, lived-in feel.
Provided by Walk Score and Local Logic
Market insights
1502 Medland Rd · $385,000
DAYS ON MARKET
76 days
The average home goes pending in 21 days.
SALE-TO-LIST
98.6%
Most homes are selling 1% below list price.
PRICE DROP
0 price drops
6% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Multi-family residential income property
Kitchen
Oven
Refrigerator
Dishwasher
Electric water heater
Laundry & utility
Washer/dryer hookup
Heating & cooling
Central heating
Central air conditioning
Exterior features
No significant view noted
Lot roughly 95 x 150
Home design
Multi-family property
Built in 1984
Not new construction
Parking
Parking lot with space for about 8 vehicles
Utilities
Public water
Public sewer
HOA & community
Located in the Executive Hills subdivision
Electricity and solar
View estimated energy costs and solar savings for this home
This property is being sold with 4418 Bonnell (MLS # 1076657). Properties to be sold as a package of two 4-plex multi-family units, each with four 2 bedrooms, 2 baths. Centrally located near the University of Huntsville in Alabama (UAH), Cummings Research Park, and Redstone Arsenal. Off-street parking, separate water and electric meters, easy access to Hwy. 72E and I-565.
Public Records
Nov 16, 2006
Sold
$175,900
Year
Property tax
Land + Additions
Assessment*
2025
$4,914 (+3.6%)
2024
$4,741 (+5.3%)
2023
$4,504 (+22.4%)
2022
$3,680 (+89.9%)
2021
$1,937 (+28.3%)
2020
$1,510
2019
$1,510 (+55.6%)
2018
$971
2017
$971
2016
$970 (+1.7%)
2014
$954
Public record
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
1984
Finished Sq. Ft.
4,074
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,074
Year built
1984
Style
Multi-Family (5+ Unit)
County
Madison County
APN
14-08-28-3-003-046.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 23, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Huntsville, AL • 35816
Average low and high temperatures (°F)
49
29
60
39
72
49
78
57
79
62
87
69
91
74
87
69
85
65
76
55
66
47
55
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Huntsville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1502 Medland Rd
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