For sale

Price cut: $20K (6/23)

$290,000

500 Annapolis Ave, Sheffield, AL 35660

--beds

--baths

3,079sqft

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Multi Family, Apartment

Built in 1920

-- sqft lot

$283,900 Zestimate^®

$94/sqft

$-- HOA

What's special

New roofVinyl siding

Cash-flow machine! This 6-unit building is 100% occupied at $3,490 per month. Add that to very low property tax and insurance costs and you are left with a nice cash flowing property. No need to worry about Capital Expenditure as most have been completed within the last 5 years: New roof, windows, vinyl siding, plumbing, appliances, & window units. All units are separately metered with tenants paying their own utilities. 4 of the units rent for $600 per month, one for $575 & 1 unit rents for $515 per month.

41 days

98

5

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Facts & features

Interior

Heating

Electric

Cooling

Window Unit(s)

Features

Flooring: Laminate, Vinyl
Basement: None

Interior area

Total structure area: 3,079
Total interior livable area: 3,079 sqft

Property

Parking

Parking features: Alley Access, On Street
Has uncovered spaces: Yes

Features

Patio & porch: Front Porch
Exterior features: None
Pool features: None
Fencing: None
Has view: Yes
View description: City, Neighborhood

Lot

Size: 7,405 Square Feet
Dimensions: 50 x 150
Features: Corner Lot

Details

Parcel number: 0708284015012.000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Crawl Space
Roof: Metal

Condition

Year built: 1920

Utilities & green energy

Sewer: Unknown
Water: Public
Utilities for property: Cable Available, Water Available

Community & HOA

Community

Features: None
Subdivision: None

HOA

Has HOA: No
Amenities included: None

Location

Region: Sheffield

Financial & listing details

Price per square foot: $94/sqft
Annual tax amount: $409
Price range: $290K - $290K
Date on market: 6/4/2026
Listing terms: Cash,Conventional
Tenant pays: All
Income includes: Rent Only
Road surface type: Paved

Estimated market value

$283,900

$270,000 - $298,000

$829/mo

Price history

Date	Event	Price
6/23/2026	Price change	$290,000-6.5%$94/sqft
Source: Strategic MLS Alliance #529291 Report a problem
6/4/2026	Price change	$310,000+0.3%$101/sqft
Source: Strategic MLS Alliance #529291 Report a problem
1/31/2025	Pending sale	$309,000+3%$100/sqft
Source: Strategic MLS Alliance #519525 Report a problem
1/30/2025	Sold	$300,000-2.9%$97/sqft
Source: Strategic MLS Alliance #519525 Report a problem
11/4/2024	Listed for sale	$309,000$100/sqft
Source: Strategic MLS Alliance #519525 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 35660

Getting around

58 / 100

Somewhat Walkable

43 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Wa Threadgill Primary School
Grades: PK-2Distance: 0.3 mi
8/10
Sheffield Jr High School
Grades: 7-8Distance: 0.5 mi
2/10
Sheffield High School
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

Elementary: Sheffield
Middle: Sheffield
High: Sheffield

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