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
- 433 days |
- 107 |
- 5 |
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
Josh Vernon
(205) 206-4334
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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 | $4,110 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 35064
Nearby schools
GreatSchools rating
- 5/10Robinson 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.
- Alabama
- Jefferson County
- Fairfield
- 35064
- 5313 Terrace Ave
Nearby cities
Nearby zip codes
Other Fairfield Topics
