PRIME INVESTMENT OPOPORTUNITY - LISTED $5,000.00 BELOW APPRAISED VALUE!!! Here's a lucrative investment property featuring a charming home and a quaint mother in law suite on a single parcel, perfect for cash flow enthusiasts. Gross Income total $2,400.00 monthly. Main Home-1180 sq ft - Mother in Law Suite-700+- sq ft. Property Highlights:*Dual Income: Both dwellings are currently leased, providing immediate cash flow with reliable tenants in place. * Versatile Use: Ideal for long-term rentals, vacation rentals, or to have your family close. * Prime Location: Situated in a quiet neighborhood with easy access to local amenities, schools, and transportation. * Well-Maintained: Each dwelling boasts recent updates, including modern kitchens, renovated bathrooms, and spacious living areas. This property presents an excellent opportunity for investors seeking to maximize their portfolio with minimal management hassle. Don’t miss out on this unique opportunity!
Sold for $215,000
$215,000
601 Marion Ave, Florence, AL 35630
2beds
1,180sqft
Single Family Residence
Built in 1959
6,534 Square Feet Lot
$219,400 Zestimate®
$182/sqft
$1,139 Estimated rent
Home value
$219,400
$184,000 - $263,000
$1,139/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Alexander Baker 256-616-2070,
MarMac Real Estate - The Shoals
Bought with:
Alexander Baker
MarMac Real Estate - The Shoals
Source: Strategic MLS Alliance,MLS#: 519802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,180
- Total interior livable area: 1,180 sqft
- Finished area above ground: 1,180
- Finished area below ground: 0
Property
Lot
- Size: 6,534 sqft
- Dimensions: 50' x 130'
Details
- Parcel number: 1507353004007.000
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Florence
- Subdivision: Homedale Addition
Other
Other facts
- Price range: $215K - $215K
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listing removed | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/30/2026 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2025 | Sold | $215,000$182/sqft |
Source: Strategic MLS Alliance #519802 Report a problem | ||
| 1/31/2025 | Pending sale | $215,000$182/sqft |
Source: Strategic MLS Alliance #519802 Report a problem | ||
| 11/22/2024 | Listed for sale | $215,000$182/sqft |
Source: Strategic MLS Alliance #519802 Report a problem | ||
| 10/24/2024 | Listing removed | $215,000$182/sqft |
Source: Strategic MLS Alliance #519311 Report a problem | ||
| 10/23/2024 | Listed for sale | $215,000+1854.5%$182/sqft |
Source: Strategic MLS Alliance #519311 Report a problem | ||
| 4/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/8/2024 | Price change | $1,100-12%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/20/2024 | Price change | $1,250+13.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/29/2024 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/24/2023 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/20/2022 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/14/2022 | Sold | $11,000-81.7%$9/sqft |
Source: Public Record Report a problem | ||
| 6/17/2022 | Sold | $60,000-7.6%$51/sqft |
Source: Strategic MLS Alliance #505432 Report a problem | ||
| 5/24/2022 | Listed for sale | $64,900$55/sqft |
Source: Strategic MLS Alliance #505432 Report a problem | ||
| 5/14/2022 | Listing removed | -- |
Source: Strategic MLS Alliance #505432 Report a problem | ||
| 5/12/2022 | Listed for sale | $64,900$55/sqft |
Source: Strategic MLS Alliance #505432 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $899 +11.8% | $18,340 +11.8% |
| 2023 | $804 +195.8% | $16,400 +139.1% |
| 2022 | $272 +26.5% | $6,860 +20.4% |
| 2021 | $215 -11.3% | $5,700 -8.9% |
| 2019 | $242 | $6,260 +4% |
| 2018 | $242 +21.1% | $6,020 +3.1% |
| 2017 | $200 | $5,840 +5.4% |
| 2016 | $200 | $5,540 |
| 2015 | $200 | $5,540 +6.1% |
| 2014 | $200 | $5,220 |
| 2013 | -- | $5,220 +2% |
| 2012 | -- | $5,120 |
| 2011 | -- | $5,120 +4.9% |
| 2010 | -- | $4,880 |
| 2009 | -- | $4,880 |
| 2008 | -- | $4,880 +6.1% |
| 2007 | -- | $4,600 -85.3% |
| 2005 | -- | $31,300 |
| 2004 | -- | $31,300 |
Find assessor info on the county website
Neighborhood: 35630
Nearby schools
GreatSchools rating
- 8/10Harlan Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Florence Freshman CenterGrades: 9Distance: 0.6 mi
- 8/10Florence High SchoolGrades: 10-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Florence
- Middle: Florence
- High: Florence
Source: Strategic MLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Alabama
- Lauderdale County
- Florence
- 35630
- 601 Marion Ave
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