$4,300,000

525 E Lelia St Florence, AL

2 beds
1 full
1,089 sqft
0.3 acres
$3,949 / sqft
House

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: 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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view of front facade featuring entry steps, an outdoor structure, a shed, and a front yard

$4,300,000

525 E Lelia St

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Price information

Property sales

DateEventPrice
Dec 19, 2022
Home Sold
$24,000
Apr 04, 2022
Home Sold
$63,300

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

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?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic 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 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.

From Rocket Homes Real Estate and based on county public records data.

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