1054 County Road 1447 Falkville, AL 35622
Estimated payment $5,423/month
About This Home
Incredible Multi-Family Investment Opportunity! Discover this rare and versatile property offering impressive income potential and endless possibilities. Situated on a sprawling 3.8-acre parcel, this unique opportunity features: Two Quadplexes – Each quadplex provides four spacious units, totaling eight rental units ready to generate steady cash flow. An additional 3-Bedroom Home – Perfect for an owner-occupant, on-site property manager, or additional rental income, this well-maintained single-family home offers comfortable living with three bedrooms, a generous kitchen, and cozy living spaces. 1 additional building and 4 carports are ideal for tenants’ parking, storage, or even workshop space. An expansive 3.8 Acres – Enjoy plenty of green space with mature trees, open areas for recreation, or potential future development. This one-of-a-kind property is perfect for investors seeking multiple income streams or families looking for a live-and-earn set.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,959
Year Built
- Built in 1996
Schools
- Vinemont Elementary School
- Vinemont Middle School
- Vinemont High School
Additional Features
- 3.8 Acre Lot
- Septic Tank
Community Details
- No Home Owners Association
- 3 Buildings
- Vinemont Community
Listing and Financial Details
- Assessor Parcel Number 04-07-36-0-001-018.003
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 |
|---|---|---|---|---|
| 2024 | $2,723 | $104,740 | $0 | $0 |
| 2023 | $2,723 | $103,060 | $0 | $0 |
| 2022 | $2,537 | $97,560 | $0 | $0 |
| 2021 | $2,175 | $83,640 | $0 | $0 |
| 2020 | $2,112 | $81,220 | $0 | $0 |
| 2019 | $2,031 | $78,100 | $0 | $0 |
| 2018 | $1,965 | $75,560 | $0 | $0 |
| 2017 | $1,566 | $60,220 | $0 | $0 |
| 2016 | $1,538 | $59,140 | $0 | $0 |
| 2014 | $1,715 | $65,960 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $949,990 | -- | -- |
Source: Strategic MLS Alliance (Cullman / Shoals Area)
MLS Number: 523392
APN: 04-07-36-0-001-018.003
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