DeLisa Locke
RE/MAX Alliance
(938) 666-6856
179 Total Sales
36 in Madison
$242K - $710K Price Range
103 Jodi Dr Madison, AL 35758
Madison AreaEstimated Value: $382,000 - $474,000
Studio
4
Baths
3,456
Sq Ft
$126/Sq Ft
Est. Value
About This Home
As of March 2025This 4-plex multi-family property is annvestment opportunity in the high-demand Madison rental market! Each 2-bed, 2-Full bath unit rents for $995/month, generating $36,000+/- in gross annual income per building. All units include laundry rooms, kitchens with appliances, and many feature new laminate flooring and updated paint. Located next to West Madison Elementary and also walking distance to Bob Jones High, this highly desirable Madison City Schools location ensures strong tenant demand. Convenient to Wall Triana, Costco, Clift’s Farm dining, and major shopping. One of three available—multi-family in Madison is rare, so don’t miss out!
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Property Details
Home Type
- Multi-Family
Home Design
- Brick Exterior Construction
- Frame Construction
Kitchen
- Oven
- Dishwasher
Parking
- 8 Parking Spaces
- Shared Driveway
- Open Parking
- Parking Lot
Schools
- West Madison Elementary School
- Discovery Middle School
- Bob Jones High School
Utilities
- Central Heating and Cooling System
- Natural Gas Not Available
- Water Heater
Additional Features
- Washer and Dryer Hookup
- Lot Dimensions are 145 x 88 x 145 x 102
Community Details
- 4 Units
- 3,456 Sq Ft Building
- Madison Haven Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number LOT 2 BLK 3 MADISON HAVEN S/D
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
Mar 31, 2025
Sold by
Jkk Real Estate Investments Llc
Bought by
Seller's Agent
Paul Schuppener
Legend Realty
Buyer's Agent
Olcay Wiesbrook
Legend Realty Madison, LLC
List Price
$450,000
Sold Price
$442,000
Premium/Discount to List
-$8,000
-1.78%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,860
Avg. Annual Appreciation
-1.08%
Original Mortgage
$331,500
Outstanding Balance
$327,054
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$108,086
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison, AL
-
DeLisa Locke
-
Kim Ward
Kim Ward
Market Group Real Estate
(205) 827-5700
37 Total Sales
5 in Madison
$505K - $543K Price Range
-
Ilyasha Anderson
Ilyasha Anderson
Holloway & Associates
(256) 692-8163
31 Total Sales
1 in Madison
$266,990 Price
-
Christine Elder
CE
Christine Elder
Townscape Realty
(385) 600-6771
40 Total Sales
38 in Madison
$435K - $1.3M Price Range
-
Lauren Plott
Lauren Plott
Kendall James Realty
(256) 203-1261
106 Total Sales
24 in Madison
$165K - $918K Price Range
-
Joshua Cancinos
Joshua Cancinos
TradeSpace
(256) 607-8364
27 Total Sales
8 in Madison
$140K - $629K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $442,000 | None Listed On Document | ||
| Sheikholeslami Azar | $500 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $331,500 | ||
| Closed | Sheikholeslami Azar | $331,500 | |
| Previous Owner | Jkk Real Estate Investments Ll | $228,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | Off Market | $442,000 | -- | -- |
| 03/31/2025 03/31/25 | Sold | $442,000 | -1.8% | $128 / Sq Ft |
| 02/21/2025 02/21/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | For Sale | $450,000 | -- | $130 / Sq Ft |
Source: ValleyMLS.com
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,605 | $51,620 | $13,000 | $38,620 |
| 2024 | $3,605 | $49,780 | $13,000 | $36,780 |
| 2023 | $3,477 | $49,780 | $13,000 | $36,780 |
| 2022 | $3,040 | $43,480 | $13,000 | $30,480 |
| 2021 | $1,583 | $22,520 | $5,100 | $17,420 |
| 2020 | $1,524 | $21,680 | $4,260 | $17,420 |
| 2019 | $1,264 | $21,680 | $4,260 | $17,420 |
| 2018 | $1,096 | $18,760 | $0 | $0 |
| 2017 | $1,096 | $18,760 | $0 | $0 |
| 2016 | $1,096 | $18,760 | $0 | $0 |
| 2015 | $1,096 | $18,760 | $0 | $0 |
| 2014 | $1,071 | $18,620 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Schuppener
Seller's Agent in 2025
Paul Schuppener
Legend Realty
(256) 658-9340
98 Total Sales
-
Olcay Wiesbrook
Buyer's Agent in 2025
Olcay Wiesbrook
Legend Realty Madison, LLC
(256) 294-8871
39 Total Sales
Map
Source: ValleyMLS.com
MLS Number: 21880804
APN: 16-03-05-1-001-070.000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Copyright 2026 Valley MLS
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