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12101 Stonegate Dr SE, Huntsville, AL, 35803

--beds
--baths
5,398sqft
$1,099,900
$204price/sqft
$7,176/moest. monthly cost
$287,040/yrincome needed

About This Home

Excellent investment opportunity! Three homes on a total of 2.4 acres, all to be sold together. Zoned Light Industrial, this unique property offers immediate rental income with all three homes currently occupied. The level acreage also presents outstanding redevelopment potential for multifamily housing or other approved commercial/light industrial uses. Conveniently located just off Memorial Parkway with quick access to shopping, schools, Redstone Arsenal, and major highways. A rare opportunity with income today and development potential for the future. 12101 Stonegate Drive, 12105 Stonegate Drive, 12111 Memorial Parkway

Getting Around

51
WalkingSomewhat Walkable
0
TransitNo Nearby Transit
40
BikeSomewhat Bikeable

Schools

4/10
10/10
Challenger Middle SchoolGrades 6-91.0 mi
8/10

Construction

Condition

  • Property condition: Unknown

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Interior Area

  • Total structure area: 5,398
  • Total interior livable area: 5,398 sqft

Property

Details

  • Parcel number: 2303074005092000
  • Zoning description: Industrial

Lot

  • Lot size: 2.40 Acres

Parking

  • Total spaces: 6
  • Parking features: Driveway-Concrete
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,561$66,732
Home Insurance *$654$7,848
Property Taxes $357$4,284
Electricity $604$7,248
Total$7,176$86,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$246,034/yr
40% on housing$215,280/yr
45% on housing$191,360/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.3%
6.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 35803$160
Madison County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 35803$155
Madison County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Price change$999,900
2026-06-18Listed for sale$1,099,900
2021-08-13Listing removed--
2021-07-29Listed for rent$1,395
2012-11-20Sold$123,000
2012-08-21Listed for sale$134,900
2006-06-06Sold$70,000

For Sale by Agent

AgentAnne Adams
BrokerageBHHS Rise Real Estate

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