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For sale
  • Price cut: $40.9K (5/7)
    $325,000

    220 County Road 401, Elba, AL 36323

    20beds
    101baths
    --sqft
    : 
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    Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Open green spacesUtility hookups in placeEstablished landscaping
    Don’t miss this fantastic opportunity to own a well-established mobile home park offering excellent income potential and room for growth! This property includes: 9 Mobile Homes and 1 Single-Family House– providing consistent rental income Mature Pecan Trees – adding beauty and charm to the property Available Lots – space to add 6 more mobile homes and increase revenue! 2.74 acres total. The site is outside the City Limits and not zoned! The park is well-maintained with open green spaces, established landscaping, and utility hookups in place. Located on a quiet street with easy access to local amenities and major roadways, this property is ideal for investors looking to expand their portfolio or those seeking passive income with long-term upside. The combination of current cash flow and development potential makes this property a rare find. Don’t wait—opportunities like this don’t last long!
    176 days
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    173
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Beal 334-237-5362,

    1st Class Real Estate Wiregrass,

    Nicole Hamilton 870-403-4796,

    1st Class Real Estate Wiregrass

    Source: Wiregrass BOR,MLS#: 556617Originating MLS: Wiregrass Board Of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 20
      • Bathrooms: 101
      Heating
      • Space Heater
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Electric Water Heater
      Features
      • Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Room
      • Flooring: Laminate, Vinyl

      Property

      Parking
      • Parking features: Shared Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Features: Outside City Limits, Level
      • Topography: Level
      Details
      • Parcel number: 1105210000047.000

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: One Story
      • Property subtype: Multi Family
      Materials
      • Metal Siding
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Elba

      Financial & listing details

      • Tax assessed value: $39,150
      • Annual tax amount: $407
      • Date on market: 1/11/2026
      • Cumulative days on market: 721 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/7/2026Price change$325,000-11.2%
        Source: Wiregrass BOR #556617 Report a problem
        3/31/2026Price change$365,900+12.3%
        Source: Wiregrass BOR #556617 Report a problem
        3/22/2026Price change$325,900-16.4%
        Source: Wiregrass BOR #556617 Report a problem
        1/11/2026Listed for sale$390,000
        Source: Wiregrass BOR #556617 Report a problem
        1/1/2026Listing removed$390,000
        Source: Wiregrass BOR #554101 Report a problem
        10/10/2025Price change$390,000-2.5%
        Source: Wiregrass BOR #554101 Report a problem
        6/24/2025Listed for sale$400,000-4.8%
        Source: Wiregrass BOR #554101 Report a problem
        6/1/2025Listing removed$420,000
        Source: Wiregrass BOR #550259 Report a problem
        2/3/2025Price change$420,000-1.2%
        Source: Wiregrass BOR #550259 Report a problem
        6/2/2024Listed for sale$425,000+112.6%
        Source: Wiregrass BOR #550155 Report a problem
        9/23/2021Listing removed--
        Source: Owner Report a problem
        9/2/2021Pending sale$199,900
        Source: Owner Report a problem
        8/3/2021Listed for sale$199,900+122.4%
        Source: Owner Report a problem
        7/29/2020Listing removed$89,900
        Source: LAKE REALTY LLC #472301 Report a problem
        5/23/2020Pending sale$89,900
        Source: LAKE REALTY LLC #472301 Report a problem
        5/21/2020Listed for sale$89,900
        Source: LAKE REALTY LLC #472301 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$283 +6.1%$7,840 +12.6%
        2024$267 +2.1%$6,960 +2.4%
        2023$261 +3.5%$6,800 +7.3%
        2022$252 +14.5%$6,340 +13.2%
        2021$220 $5,600
        2020$220 $5,600
        2019$220 -2.7%$5,600 -3.1%
        2017$227 $5,780 +1%
        2016$227 +3.7%$5,720 +3.2%
        2015$218 $5,540
        2014$218 $5,540
        2013$218 --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36323

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: ,

        Source: Wiregrass BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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