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Elba, AL Multifamily Home for Sale

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    $400,000

    220 County Road 401, Elba, AL 36323

    Don’t miss this fantastic opportunity to own a well-established mobile home park offering excellent income potential and room for growth! This property includes:9 Mobile Homes and 1 Single-Family House– providing consistent rental income Mature Pecan Trees – adding beauty and charm to the propertyAvailable Lots – space to add more mobile homes and increase

    Megan Beal 1st Class Real Estate Wiregrass

    220 County Road 401, Elba, AL 36323

Why Live in Elba

Elba, located in Coffee County, Alabama, is known as "The City of Flowing Wells" due to its many waterways, including the Pea River and Whitewater Creek. The charming downtown area, referred to as The Square, features the historic Coffee County Courthouse and a scenic walking trail along the Pea River. Managed by Main Street Elba, the downtown commercial district hosts local businesses and annual community events. Fishing and boating are popular activities along the Pea River, with public boat ramps and opportunities to spot wildlife at Coffee County Lake. Tiger Town Park commemorates the old Elba High School with a monument and seasonal splash pad. The Square offers a variety of dining options, including Ms. Linda's diner, The Rabbit Hole bar, and Annie's Comfort Kitchen. JJ's BBQ, located off Route 84, is renowned for its award-winning pulled pork. Residential properties in Elba typically feature brick ranch-style houses and modular homes, with some New Traditional houses on larger tracts of land. The community is safer than the national average, providing a low crime risk area for residents. Elba City Schools offer a STEM summer program for students, and the city hosts events like Pumpkins on the Square and the Let Freedom Ring Fourth of July celebration. Despite a history of flooding and tornadoes, the Coffee County Emergency Management Agency provides severe weather alerts. U.S. Route 84 connects Elba to nearby cities such as Enterprise, 16 miles away, where locals can access Medical Center Enterprise.

Home Trends in Elba, AL

Housing Trends

Median Sale Price
$89,900
Median Single Family Sale Price
$89,900
Average Price Per Sq Ft
$69
Number of Homes for Sale
3
Last 12 months Home Sales
38
Months of Supply
0.90
Median List Price
$89,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-63%
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