Great investment property in the heart of Muscle Shoals! 4 Duplexes for a total of 8 units. Each unit is 847 square foot and contains 2 bedrooms, 1 bath, kitchen/breakfast, large living and a laundry room. The exterior(each unit) has a front covered porch as well as a back patio and exterior storage closet, and parking pad for 2 vehicles. ALL ARE CURRENTLY RENTED with long term tenants. 3 buildings front Lasalle Ave and 1 building fronts Portage Ave. It's a great opportunity to purchase established apartments!!!! All tenants are currently on month to month lease terms.
Sold for $539,000
$539,000
700 Portage Ave, Muscle Shoals, AL 35661
--beds
--baths
--sqft
Duplex, Multi Family
Built in 1980
-- sqft lot
$235,000 Zestimate®
$--/sqft
$804 Estimated rent
Home value
$235,000
$195,000 - $280,000
$804/mo
Zestimate® history
Owner options
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$804/mo
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$804/mo
Rent Zestimate®
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$2,445/mo
Est. payment
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$2,445/mo
Est. payment
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List your homeWhat's special
Exterior storage closetBack patioFront covered porchLaundry roomLarge living
Zillow last checked:
Listing updated:
Listed by:
Jennifer Presley 256-394-7698,
WOW Real Estate,
Sheila Martin 256-412-5522,
WOW Real Estate
Bought with:
Jacealyn Claunch
RE/MAX Tri-State
Source: Strategic MLS Alliance,MLS#: 513358
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Carpet, Laminate, Linoleum
- Has basement: No
Property
Parking
- Parking features: Asphalt
Features
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Rain Gutters
Lot
- Size: 0.99 Acres
- Dimensions: Portage- 120 x 120 Lasalle- 240 x 120
Details
- Parcel number: 1301023006007.000
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Architectual/Dimensional
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet - Cable, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Muscle Shoals
- Subdivision: Highland Park #13
HOA & financial
Other financial information
- Total actual rent: 53340
Other
Other facts
- Price range: $499.9K - $539K
- Income includes: Rent Only
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/7/2023 | Sold | $539,000+7.8% |
Source: Strategic MLS Alliance #513358 Report a problem | ||
| 10/22/2023 | Pending sale | $499,900 |
Source: Strategic MLS Alliance #513358 Report a problem | ||
| 10/11/2023 | Listed for sale | $499,900 |
Source: Strategic MLS Alliance #513358 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,256 +8.8% | $155,100 +8.8% |
| 2024 | $1,155 +5.3% | $142,600 +5.3% |
| 2023 | $1,097 +15.2% | $135,420 +476.3% |
| 2022 | $952 +19% | $23,500 +19% |
| 2021 | $799 +5% | $19,740 +5% |
| 2020 | $761 +6.1% | $18,800 +6.1% |
| 2018 | $718 | $17,720 +5.4% |
| 2017 | $718 +2.5% | $16,820 -2.7% |
| 2016 | $700 | $17,280 |
| 2013 | $700 +6.8% | -- |
| 2010 | $655 | $16,180 +42.4% |
| 2002 | -- | $11,360 |
Find assessor info on the county website
Neighborhood: 35661
Nearby schools
GreatSchools rating
- 10/10Highland Pk Elementary SchoolGrades: 1-2Distance: 0.4 mi
- 10/10Muscle Shoals Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Muscle Shoals High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: City
- Middle: City
- High: City
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
- Colbert County
- Muscle Shoals
- 35661
- 700 Portage Ave
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