Investment Gem in Cullman: 2 Bed, 1 Bath with Solid Rental History. Don't miss this opportunity to acquire an income-producing property in Cullman. This comfortable 2-bedroom, 1-bathroom house comes with the added benefit of a long-term tenant who has been renting for the past 3 years, demonstrating stability and consistent rental income. Located within the city of Cullman, it offers convenient access to local amenities and a strong rental demand.
Sold for $50,000
$50,000
111 Cleveland Ave SW, Cullman, AL 35055
2beds
672sqft
Single Family Residence
Built in 1949
5,662 Square Feet Lot
$53,600 Zestimate®
$74/sqft
$931 Estimated rent
Home value
$53,600
$44,000 - $64,000
$931/mo
Zestimate® history
Owner options
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$931/mo
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$931/mo
Rent Zestimate®
Refinance and save
$223/mo
Est. payment
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$223/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Gena Beadlescomb 256-339-3030,
ERA Waldrop Real Estate,
Dennis Brown 256-708-1171,
ERA Waldrop Real Estate
Bought with:
Rita Fromhold
Cullman Elite Realty,LLC
Source: Strategic MLS Alliance,MLS#: 522511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 672
- Total interior livable area: 672 sqft
- Finished area above ground: 672
- Finished area below ground: 0
Property
Lot
- Size: 5,662 Square Feet
- Dimensions: 0.13 acres
Details
- Parcel number: 1705161004002.000
- Zoning: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cullman
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $58,200
- Annual tax amount: $447
- Price range: $58K - $50K
- Date on market: 5/13/2025
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $50,000-13.8%$74/sqft |
Source: Strategic MLS Alliance #522511 Report a problem | ||
| 5/17/2025 | Pending sale | $58,000$86/sqft |
Source: Strategic MLS Alliance #522511 Report a problem | ||
| 5/13/2025 | Listed for sale | $58,000$86/sqft |
Source: Strategic MLS Alliance #522511 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $448 +6.6% | $11,640 +6.6% |
| 2024 | $420 +5.2% | $10,920 +5.2% |
| 2023 | $400 +19.9% | $10,380 +19.9% |
| 2022 | $333 +5.1% | $8,660 +5.1% |
| 2021 | $317 +5.4% | $8,240 +5.4% |
| 2020 | $301 | $7,820 |
| 2019 | $301 +24.5% | $7,820 +24.5% |
| 2018 | $242 | $6,280 +3% |
| 2017 | $242 +3% | $6,100 |
| 2016 | $235 | $6,100 +3.7% |
| 2014 | $235 | $5,880 +3.2% |
| 2013 | -- | $5,700 |
| 2012 | $219 | $5,700 |
| 2010 | -- | $5,700 |
Find assessor info on the county website
Neighborhood: 35055
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Nearby schools
GreatSchools rating
- 10/10West Elementary SchoolGrades: 3-6Distance: 0.4 mi
- 10/10Cullman Middle SchoolGrades: 7-8Distance: 0.7 mi
- 7/10Cullman High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: West Elementary
- Middle: Cullman Middle
- High: Cullman
Source: Strategic MLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$53,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$53,600
- Alabama
- Cullman County
- Cullman
- 35055
- 111 Cleveland Ave SW
