Great opportunity to own a well maintained, income producing property! This property is fully occupied with long term tenants and currently generates over $31,000 in gross annual rental income. Looking to expand your investment portfolio? The seller also has two additional single family rental properties available, both occupied by long term tenants. MLS 21467504 & MLS 21467509 Purchase the full package and enjoy a combined gross rental income of over $42,000 per year! *PLEASE DO NOT DISTURB TENANTS.* Property inspections will be scheduled after an acceptable offer has been received. An excellent opportunity for an investor looking for established rental income with tenants already in place! ALL OFFERS MUST BE APPROVED BY JEFFERSON COUNTY PROBATE COURT.
For sale
$395,000
500 16th St, Ensley, AL 35218
2beds
800sqft
Apartment
Built in 1950
-- sqft lot
$-- Zestimate®
$494/sqft
$-- HOA
What's special
- 11 days
- 62
- 1
Zillow last checked:
Listing updated:
Listed by:
Cerita Tucker Smith 205-222-0270,
ReGroup Sales and Development
Source: GALMLS,MLS#: 21466917
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central w/Ind Ctrl(HEAT)
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: Washer/Dryer Connection
Features
- Eat-in Kitchen
- Flooring: Vinyl
Interior area
- Total interior livable area: 800 sqft
Video & virtual tour
Property
Parking
- Parking features: 1 Space per Unit
Details
- Parcel number: 2200312012005.000
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Block
- Foundation: Slab
Condition
- Year built: 1950
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Ensley
Location
- Region: Ensley
Financial & listing details
- Price per square foot: $494/sqft
- Tax assessed value: $154,000
- Annual tax amount: $2,233
- Price range: $395K - $395K
- Date on market: 10/5/2026
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$963/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $395,000+519.6%$494/sqft |
Source:  GALMLS #21466917 Report a problem | ||
| 10/1/1983 | Sold | $63,750$80/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,233 | $30,800 |
| 2024 | $2,233 | $30,800 |
| 2023 | $2,233 +33.2% | $30,800 +33.2% |
| 2022 | $1,676 | $23,120 |
| 2021 | $1,676 | $23,120 |
| 2020 | $1,676 | $23,120 |
| 2019 | $1,676 +29.6% | $23,120 +29.6% |
| 2018 | $1,293 | $17,840 |
| 2017 | $1,293 | $17,840 |
| 2016 | $1,293 | $17,840 |
| 2015 | $1,293 +5.9% | $17,840 +1.5% |
| 2014 | $1,221 | $17,580 |
| 2013 | $1,221 | $17,580 +0.1% |
| 2012 | $1,221 | $17,570 |
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.Climate risks
Neighborhood: Tuxedo
Nearby schools
Schools provided by the listing agent
- Elementary: Wylam
- Middle: Bush Hills Academy
- High: Jackson - Olin
Source: GALMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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