1002 S 10th St Gadsden, AL 35901
Estimated payment $1,681/month
About This Home
Rare investor opportunity in the heart of Gadsden! This occupied quadplex offers immediate cash flow with established tenants already in place. The property features four income-producing units and presents a great opportunity for investors looking to expand their rental portfolio with a stabilized asset. Conveniently located near shopping, dining, schools, and major roadways, this multi-family property offers strong rental demand and long-term investment potential. Whether you’re a seasoned investor or just getting started, this turnkey property is a solid addition to any portfolio!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Home Design
- 2,200 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Striplin Elementary School
- Gadsden Middle School
- Gadsden City High School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Community Details
- 4 Units
- Operating Expense $8,325
Listing and Financial Details
- The owner pays for no utilities (owner)
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $956 | $19,520 | $2,240 | $17,280 |
| 2024 | $956 | $19,520 | $2,240 | $17,280 |
| 2023 | $956 | $19,520 | $2,240 | $17,280 |
| 2022 | $956 | $19,520 | $0 | $0 |
| 2021 | $754 | $15,380 | $2,220 | $13,160 |
| 2020 | $754 | $15,380 | $0 | $0 |
| 2019 | $754 | $15,380 | $0 | $0 |
| 2017 | $856 | $17,460 | $0 | $0 |
| 2016 | $856 | $17,460 | $0 | $0 |
| 2015 | $856 | $17,460 | $0 | $0 |
| 2013 | -- | $14,100 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $299,900 | -- | $136 / Sq Ft |
Source: Greater Alabama MLS
MLS Number: 21452437
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Ask me questions while you tour the home.