- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$449,900
Monthly Est:$2,239
-- Bed
-- Bath
--sqft
301 Elmwood Ave, Gadsden, AL 35903
$449,900
$2,239/moEst:
Get Pre-Approved
Apartment
Built in 1940
$-- HOA
-- sqft lot
--/sqft
Description
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: February 21, 2026 at 11:34 am
- Listing Provided by: Mark Cassidy | Impact Realty LLC (125) 645-94001
- Source: Greater Alabama MLS-AL | MLS#: 21432612
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Greater Alabama MLS
MLS Number
21432612
MLS Status
Active - Active
Days on Market
394
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Electric
Flooring
Laminate, Some Hardwood, Tile, Vinyl
Cooling
Central Control Air, Electric, Multi Units, Window Unit(s)
Sewer
Connected
Utilities & Energy
Basement
Crawl Space
Other Features
Tenant Pays
All Utilities
Price History
| Date | Event | Price |
|---|---|---|
09/28/2025 Source: | Listed for Sale | $449,900 $0/sqft |
Getting Around 301 Elmwood Ave
Bike Score®
Somewhat Bikeable
41/100
Walk Score®
Car-Dependent
49/100
Data provided by Redfin
Find Homes by Property Features in Gadsden, AL
Based on information from the Greater Alabama MLS through Oct 29, 2026, 02:15AM. 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 data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
Advertising Broker: William Johnson | William Johnson Brokerage
