$1,305 Closing Credit¹
#518944, Erica Hubbard, Listing Office: Stutts Properties, Inc
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
Home typeSingle Family Residence
StatusActive
Size1,089 sqft
Lot size0.25 Acres
Year built1940
MLS #521055
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: 3/10/2025, 1:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$4,300,000
525 E Lelia St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. The majority of Florence, AL residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
68%
<35k
32%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
17%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing
Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Forever 21
Where do the neighbors go to eat?
Burger King
Golden Corral
Dominos Pizza
What do the neighbors drive?
Buick
Kia
Mazda
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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 6 listings were sold over their listed price in February 2025 in Florence, AL. In the same period over 21 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Florence, AL between January and February 2025 increased by 8%. In February 2025 median list price was $248,375 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.