GREAT INVESTMENT OPPORTUNITY!!! This 3-bedroom, 2-bath single-family home is a solid investment opportunity in the heart of Fairfield. Tenant-occupied with consistent rental income, this property is perfect for investors seeking immediate cash flow with minimal upfront hassle. Currently, Section 8 is paying $750 per month, providing reliable and government-backed rental income.
For sale
$69,000
5313 Terrace Ave, Fairfield, AL 35064
3beds
1,220sqft
Single Family Residence
Built in 1955
6,098 Square Feet Lot
$-- Zestimate®
$57/sqft
$-- HOA
What's special
- 480 days |
- 99 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Josh Vernon 205-206-4334,
Keller Williams Realty Vestavia
Source: GALMLS,MLS#: 21417217
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Bathroom, Kitchen
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bathroom 1
- Level: First
Kitchen
- Features: Laminate Counters
- Level: First
Living room
- Level: First
Basement
- Area: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Stove-Electric, Electric Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Room, Laundry (ROOM), Yes
Features
- None, Tub/Shower Combo
- Flooring: Carpet, Hardwood
- Basement: Crawl Space
- Attic: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,220 sqft
- Finished area above ground: 1,220
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Pool features: None
- Has view: Yes
- View description: None
- Waterfront features: No
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 3000123020004.000
- Special conditions: N/A
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1955
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Englewood
Location
- Region: Fairfield
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $82,500
- Annual tax amount: $1,229
- Price range: $69K - $69K
- Date on market: 4/28/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Price change | $69,000-4.2%$57/sqft |
Source:  GALMLS #21417217 Report a problem | ||
| 10/1/2025 | Price change | $72,000-4%$59/sqft |
Source: GALMLS #21417217 Report a problem | ||
| 4/28/2025 | Listed for sale | $75,000+50%$61/sqft |
Source: GALMLS #21417217 Report a problem | ||
| 3/13/2023 | Sold | $50,000$41/sqft |
Source: Public Record Report a problem | ||
| 4/23/2018 | Listing removed | $800$1/sqft |
Source: Go Section8 Report a problem | ||
| 2/19/2018 | Listed for rent | $800+4.6%$1/sqft |
Source: Go Section8 Report a problem | ||
| 1/9/2016 | Listing removed | $765$1/sqft |
Source: Go Section8 Report a problem | ||
| 8/23/2015 | Listed for rent | $765$1/sqft |
Source: Go Section8 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,229 -1.7% | $16,500 -1.7% |
| 2024 | $1,250 | $16,780 |
| 2023 | $1,250 +21.8% | $16,780 +21.8% |
| 2022 | $1,027 | $13,780 |
| 2021 | $1,027 | $13,780 |
| 2020 | $1,027 | $13,780 |
| 2019 | $1,027 +17.6% | $13,780 +17.6% |
| 2018 | $873 -5.9% | $11,720 -5.9% |
| 2017 | $928 | $12,460 |
| 2016 | $928 | $12,460 |
| 2015 | $928 +1.5% | $12,460 +1.5% |
| 2014 | $915 +100.1% | $12,280 |
| 2013 | $457 | $12,280 +100.1% |
| 2012 | $457 -1.4% | $6,138 -1.5% |
| 2011 | $464 | $6,230 |
| 2010 | $464 +8% | $6,230 +8% |
| 2009 | $430 -2.5% | $5,770 -2.5% |
| 2008 | $441 +3.1% | $5,920 +3.1% |
| 2007 | $427 +5.9% | $5,740 +5.9% |
| 2006 | $404 +5% | $5,420 +5% |
| 2005 | $384 +3% | $5,160 -47.2% |
| 2004 | $373 +4.6% | $9,780 +4.5% |
| 2003 | $357 +16.5% | $9,360 +127.7% |
| 2002 | $306 | $4,110 |
| 2001 | $306 | $4,110 |
| 2000 | $306 | $4,110 |
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: 35064
Nearby schools
GreatSchools rating
- 4/10Robinson Elementary SchoolGrades: K-2Distance: 0.5 mi
- 2/10Donald Elementary SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Fairfield High Preparatory SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Robinson
- Middle: Fairfield
- High: Fairfield
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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