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For sale
  • Price cut: $10K (4/14)
    $315,000

    464 County Road 237, Moulton, AL 35650

    --beds
    --baths
    1,216sqft
    : 
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    Multi Family
    Built in 1999
    -- sqft lot
    $337,300 Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Great investment opportunity with strong income potential! This property includes four mobile homes situated on approximately 0.50± acres. Units vary in size, offering 2BR/1BA up to 3BR/2BA floor plans, providing flexibility for a range of tenant needs. Three homes are currently occupied, & one home is vacant & available for immediate lease. Recent improvements include new steps & landing porches on each unit. Property is located in a rural setting while remaining convenient to restaurants, schools, medical facilities, & other local services. Ideal for investors seeking steady rental income or buyers looking to expand their portfolio.
    236 days
    |
    99
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan Jones 256-522-8465,

    MarMac Real Estate

    Source: ValleyMLS,MLS#: 21904148MLS Logo

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      Facts & features

      Interior

      Heating
      • Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Oven, Refrigerator, Electric Water Heater
      Features
      • Has basement: No
      Interior area
      • Total structure area: 1,216
      • Total interior livable area: 1,216 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Driveway-Gravel, Shared Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      Lot
      • Size: 0.5 Acres
      Details
      • Parcel number: 1401110000003.021

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Natural Gas Not Available
      Green energy
      • Energy efficient items: Windows

      Community & HOA

      Community
      • Subdivision: Metes And Bounds
      Location
      • Region: Moulton

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $9,700
      • Annual tax amount: $58
      • Date on market: 11/18/2025

        Estimated market value

        $337,300

        $320,000 - $354,000

        $964/mo

        Price history

        DateEventPrice
        4/14/2026Price change$315,000-3.1%$259/sqft
        Source: ValleyMLS #21904148 Report a problem
        1/23/2026Price change$325,000-7.1%$267/sqft
        Source: ValleyMLS #21904148 Report a problem
        12/2/2025Price change$349,900-12.5%$288/sqft
        Source: ValleyMLS #21904148 Report a problem
        11/18/2025Listed for sale$399,900+12204.6%$329/sqft
        Source: ValleyMLS #21904148 Report a problem
        1/3/2017Sold$3,250$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$58 +4.3%$9,700 +4.3%
        2024$56 +6.9%$9,300 +6.9%
        2023$52 +8.8%$8,700 +8.8%
        2022$48 +9.6%$8,000 +9%
        2021$44 +9%$7,340 +447.8%
        2020$40 $1,340
        2017$40 $1,340
        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: 35650

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Moulton
        • Middle: Moulton Middle
        • High: Lawrence County

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

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