#520935, Brittney Todd, Listing Office: Marmac Real Estate - The Shoals
Property details
About 525 E Lelia St
Great investment opportunity in Northwest Alabama. 31 single family homes and 2 duplexes in Florence and Muscle Shoals area. Gross annual rent is $427,932. Cap rate 8.52%. Most homes have been renovated within the past two years. Homes are in great locations with high rental demand. All properties including lease amount, bedroom/bath/sq footage, parcel #, & legal description are listed on an attachment in the document section of Paragon. To view properties a sales agreement contract must be signed with proof of funds received. Contract may be contingent on satisfactory showing. A 48 hour notice is required to tenants before showings, inspections, etc.. All homes/duplexes must be sold together.
Highlights
Summary
- MLS Number: 521055
- MLS Name: Strategic
- Office Name: The Agency on Pine
- Office Email: judy@judyyoung.net
- Listing Agent: Shane Terry
Copyright 2025 Strategic MLS Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 8:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,300,000
525 E Lelia St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 19, 2022 | Home Sold | $24,000 |
Apr 04, 2022 | Home Sold | $63,300 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $780 | $368 |
2022 | $7,660 | $310 |
2021 | $6,340 | $310 |
2020 | $5,580 | $246 |
2019 | $5,520 | $208 |
2018 | $5,320 | $205 |
2017 | $5,180 | $182 |
History based on county public records data.
Nearby schools
10
Kilby Laboratory School
Public District PK-6
0.9 mi
•611 N Pine St
7
Harlan Elementary School
Public District PK-4
1.1 mi
•2233 McBurney Dr
7
Weeden Elementary School
Public District PK-4
1.9 mi
•400 Baldwin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,370. Residents of Florence, AL typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 525 E Lelia St
This home is located at 525 E Lelia St in Florence, AL and zip code 35630. This 1,089 square foot home, which was built in 1940, sits on a 0.25 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $4,300,000.
Over 9 listings were sold over their listed price in March 2025 in Florence, AL. In the same period over 28 listings were sold below the listed price and 10 listings were sold for the listed price. In March 2025 in Florence, AL there were 9.2% more homes for sale than in February. In March 2025 median list price was $246,465 and the average listing age was 66 days.