301 ELMWOOD AVE, Gadsden, AL 35903

Local realty services provided by:ERA King Real Estate Company, Inc.
301 ELMWOOD AVE,Gadsden, AL 35903
$449,900
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mark cassidy
Office: impact realty llc.
MLS#:21432612
Source:AL_BAMLS

Price summary

  • Price:$449,900

About this home

An investment opportunity awaits with this income-producing featuring 3 single family rental homes and a fully occupied 4-plex all situated on a commercial zoned parcel in a prime, high-visibility location. Each of the three rental homes have central heat and air. The 4-plex includes three 1-bedroom 1-bathroom and one 2 bedroom 1.5 bathrooms. Currently generating a solid rent roll of $3,625.00 per month. All units occupied 100% with long term tenants 5 are overdue for a rent increase. Property is strategically located within 1/2 mile from 2 shopping centers one with Walmart Super Store, 15 restaurants, Gadsden Regional Hospital, new Takkion plant, and 2 large automobile dealerships.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1940
  • Listing ID #:21432612
  • Added:136 day(s) ago
  • Updated:February 10, 2026 at 03:24 PM

Heating and cooling

  • Cooling:Central Control, Electric, Individual Units, Window Units
  • Heating:Central w/ind Ctrl, Electric, Gas Heat

Structure and exterior

  • Year built:1940

Schools

  • High school:GADSDEN CITY
  • Middle school:GADSDEN
  • Elementary school:ADAMS

Utilities

  • Water:Public Water
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$449,900

New listings near 301 ELMWOOD AVE