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Sold for $242,000
  • $242,000

    737 40th Pl, Fairfield, AL 35064

    2beds
    1,009sqft
    Quadruplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $240/sqft
    $888 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $888/mo

    Zestimate® history
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    What's special

    Great investment opportunity in this classic 2 story brick and frame build with beautiful front porches for each unit! All units in the building have been updated with NEW WINDOWS and doors. Two have been updated like the photos- with paint, flooring, cabinetry and upgrades in kitchens and baths, new appliances. All electrical throughout the building was brought to code. Each unit is 1,009 square feet! Large living rooms, beautiful private porches off the living room! Two large bedrooms are separated for more privacy. Lots of closets and storage! Plumbed for washer and dryer in it's own space near the bathroom. Full bath. Back exit leads to the vast parking lot with space for 10+ cars! Tons of parking space! Rents are from $550-$850. Unit C is getting new HVAC installed & should get new rent at $875 (exact number is not confirmed yet.) 2 Long term happy tenants in place. Exterior has recently been all cleaned. New chimney caps! Separate water meters for each unit. Section 8 compliant

    Zillow last checked:

    Listing updated:

    Listed by:

    Margie Beth Shaw 205-234-2906,

    Keller Williams Realty Vestavia

    Bought with:

    Margie Beth Shaw

    Keller Williams Realty Vestavia

    Source: GALMLS,MLS#: 21399290MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Cooktop, Electric Water Heater
    • Laundry: Washer/Dryer Connection
    Features
    • Flooring: Hardwood, Tile
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 1,009 sqft

    Property

    Parking
    • Parking features: 2 Spaces per Unit, On Street
    • Has uncovered spaces: Yes
    Details
    • Parcel number: 3000121009003.000
    • Special conditions: N/A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame
    Condition
    • Year built: 1920

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Subdivision: Fairfield
    Location
    • Region: Fairfield

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $107,500
    • Annual tax amount: $1,602
    • Price range: $242K - $242K
    • Date on market: 10/4/2024
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    8/26/2026Listing removed$300,000$297/sqft
    Source: GALMLS #21455464 Report a problem
    8/24/2026Listed for sale$300,000$297/sqft
    Source: GALMLS #21455464 Report a problem
    8/24/2026Pending sale$300,000$297/sqft
    Source: GALMLS #21455464 Report a problem
    7/15/2026Contingent$300,000$297/sqft
    Source: GALMLS #21455464 Report a problem
    6/30/2026Listed for sale$300,000$297/sqft
    Source: GALMLS #21455464 Report a problem
    6/30/2026Pending sale$300,000$297/sqft
    Source: GALMLS #21455464 Report a problem
    6/19/2026Contingent$300,000$297/sqft
    Source: GALMLS #21455464 Report a problem
    6/8/2026Listed for sale$300,000+24%$297/sqft
    Source: GALMLS #21455464 Report a problem
    11/22/2024Sold$242,000+0.8%$240/sqft
    Source: GALMLS #21399290 Report a problem
    10/14/2024Contingent$240,000$238/sqft
    Source: GALMLS #21399290 Report a problem
    10/4/2024Listed for sale$240,000+77.8%$238/sqft
    Source: GALMLS #21399290 Report a problem
    9/1/2023Sold$135,000+35%$134/sqft
    Source: Public Record Report a problem
    11/9/2018Sold$100,000+25%$99/sqft
    Source: GALMLS #826506 Report a problem
    8/18/2018Listed for sale$80,000+15900%$79/sqft
    Source: Keller Williams Realty Hoover #826506 Report a problem
    9/9/2004Sold$500
    Source: Public Record Report a problem
    12/29/2003Sold$500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,602 $21,500
    2024$1,602 $21,500
    2023$1,602 +24.7%$21,500 +24.7%
    2022$1,284 +118%$17,240 +100%
    2021$589 $8,620
    2020$589 -54.1%$8,620 -50%
    2019$1,284 +25.8%$17,240 +25.8%
    2018$1,021 $13,700
    2017$1,021 +19.5%$13,700 +19.5%
    2016$854 $11,460
    2015$854 -0.4%$11,460 +1.4%
    2014$857 +1.8%$11,300
    2013$842 $11,300
    2012$842 -1.4%$11,300 -1.4%
    2011$854 $11,460
    2010$854 $11,460
    2009$854 -2.2%$11,460 -2.2%
    2008$873 +9.5%$11,720 +9.5%
    2007$797 +2.6%$10,700 +2.5%
    2006$777 +9.4%$10,440 +9.4%
    2005$710 +170%$9,540 +169.5%
    2004$263 +10%$3,540 +9.9%
    2003$239 +14.7%$3,220 +15%
    2002$209 -77.7%$2,800 -77.7%
    2001$934 $12,540
    2000$934 $12,540
    Find assessor info on the county website

    Neighborhood: 35064

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Robinson
    • Middle: Forest Hills
    • 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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