Tour
$891 Closing Credit¹
#21399388, Tiffany Harris, Listing office: Arice Properties LLC
$75,000 List price
5313 Terrace Ave Fairfield, AL 35064
$891
Closing credit¹
3 beds
2 full
1,220 sqft
0.1 acres
$61 / sqft
House
Property details
About 5313 Terrace Ave
GREAT INVESTMENT OPPORTUNITY!!! This 3-bedroom, 2-bath single-family home is a solid investment opportunity in the heart of Fairfield. Tenant-occupied with consistent rental income, this property is perfect for investors seeking immediate cash flow with minimal upfront hassle. Currently, Section 8 is paying $750 per month, providing reliable and government-backed rental income.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,220 sqft
Lot size0.14 Acres
Year built1955
ParkingDriveway Parking
MLS #21417217
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Electric Oven, Electric Stove
- Flooring Type: Carpet, Hardwood
- Interior: None
- Total Bedroom Count: 3
- Parking: Driveway Parking
- Exterior: None
- Heating: Central
- Cooling: Central Air
- List Price: $75,000
- Price/SqFt: $61
- Annual Tax Amount: $1,026
- Tax Year: 2023
- Directions: Going South on Bess. SuperHwy. Take left at Terrace Q. Bear Right at 48th St. and continue on Avenue Q
- Year Built: 1955
- Stories: 1
- Living Area: 1,220 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 21417217
- Office Name: Keller Williams Realty Vestavia
- Office Email: AaronSims@kw.com
- Listing Agent: Josh Vernon
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 12:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$75,000
5313 Terrace Ave
$891
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 13, 2023 | Home Sold | $50,000 |
| Mar 13, 2023 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $16,780 | $1,026 |
| 2022 | $13,780 | $1,026 |
| 2021 | $13,780 | $1,041 |
| 2020 | $13,780 | $1,041 |
| 2018 | $11,720 | $873 |
| 2017 | $12,460 | $928 |
History based on county public records data.
Nearby schools
2
Robinson Primary School
Public District KG-2
0.5 mi
•301 61st St
6
Charles A. Brown Elementary School
Public District KG-5
1.0 mi
•4811 Court J
1
Wylam Elementary School
Public District KG-5
1.4 mi
•701 Erie 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 $26,439. The most common annual income of people living in Fairfield, AL is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
22%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
23%
Single, with Kids
8%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5313 Terrace Ave
The listing price of 5313 Terrace Ave property is $75,000.
The property 5313 Terrace Ave is a house located in Fairfield, Alabama, 35064.
Active Listing: 5313 Terrace Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5313 Terrace Ave are: Robinson Primary School (GreatSchools Rating 2/10), Charles A. Brown Elementary School (GreatSchools Rating 6/10), Wylam Elementary School (GreatSchools Rating 1/10), C. J. Donald Middle School (GreatSchools Rating 2/10), Green Acres Middle School (GreatSchools Rating 2/10), Jones Valley Middle School (GreatSchools Rating 1/10), Fairfield High Preparatory School (GreatSchools Rating 2/10), Midfield High School (GreatSchools Rating 1/10), Wenonah High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $1,026 (source: MLS/based on county public records data).
The last sale was on March 13, 2023 for $50,000 (source: MLS/tax record).
The property at 5313 Terrace Ave has 3 bedrooms and 2 bathrooms.
The property 5313 Terrace Ave is 1,220 SqFt (source: MLS/tax record).
The year of construction for 5313 Terrace Ave is 1955.
This home is located at 5313 Terrace Ave in Fairfield, AL and zip code 35064. This 1,220 square foot home, which was built in 1955, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $75,000.
While more than 1 listings in Fairfield, AL in May 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Between April and May 2025, Fairfield, AL real estate market has seen increase in the number of listings by 19.4%. In May 2025 median list price was $77,500 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.