#520935, Brittney Todd, Listing office: Marmac Real Estate - The Shoals
Property details
About 525 E Lelia St
Great investment opportunity in Northwest Alabama. 29 single family homes and 2 duplexes in Florence and Muscle Shoals area. Gross annual rent is $406,932. Cap rate 7.8%. 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
- Full Bathrooms: 1
- Total Bedroom Count: 2
- List Price: $3,999,000
- Price/SqFt: $3,672
- Annual Tax Amount: $368
- Tax Year: 2023
- Directions: See attachment
- Year Built: 1940
- Living Area: 1,089 SqFt
- Lot Size: 0.25 Acres
- 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: 7/5/2025, 12:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Florence, AL residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 525 E Lelia St
The listing price of 525 E Lelia St property is $3,999,000.
Active Listing: 525 E Lelia St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 525 E Lelia St are: Kilby Laboratory School (GreatSchools Rating 10/10), Harlan Elementary School (GreatSchools Rating 7/10), Weeden Elementary School (GreatSchools Rating 7/10), Florence Middle School (GreatSchools Rating 6/10), Hibbett School (GreatSchools Rating 4/10), Sheffield Junior High School (GreatSchools Rating 4/10), Florence High School (GreatSchools Rating 6/10), Florence Freshman Center (GreatSchools Rating 3/10), Sheffield High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $368 (source: MLS/based on county public records data).
The last sale was on December 19, 2022 for $24,000 (source: MLS/tax record).
The property at 525 E Lelia St has 2 bedrooms and 1 bathroom.
The property 525 E Lelia St is 1,089 SqFt (source: MLS/tax record).
The year of construction for 525 E Lelia St is 1940.
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 $3,999,000.
In June 2025, from all listings sold in Florence, AL there were more than 5 sold above asking price, over 44 sold below and more than 17 were sold right at the asked price. Between May and June 2025, Florence, AL real estate market has seen increase in the number of listings by 0.3%. In June 2025 median list price was $240,000 and the average listing age was 45 days.