$300,000
$90K PRICE DROP

220 County Road 401 Elba, AL 36323

Elba Area

Estimated payment $1,664/month

Total Views 3,078
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • Open Floorplan
  • Level Lot
  • Window Unit Cooling System
  • Space Heater

About This Home

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 property Available Lots – space to add 6 more mobile homes and increase revenue! 2.74 acres total. The site is outside the City Limits and not zoned! The park is well-maintained with open green spaces, established landscaping, and utility hookups in place. Located on a quiet street with easy access to local amenities and major roadways, this property is ideal for investors looking to expand their portfolio or those seeking passive income with long-term upside. The combination of current cash flow and development potential makes this property a rare find. Don’t wait—opportunities like this don’t last long!

Listing Agent

Megan Beal

1st Class Real Estate Wiregrass Listed on: 01/11/2026

1st Class Real Estate Wiregrass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $407

Year Built

  • Built in 1980

Parking

  • Shared Driveway

Home Design

  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Eat-In Kitchen

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Level Lot
  • Outside City Limits

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 11-05-21-0-000-047.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$407

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • LotFeatures: Outside City Limits, Level
  • PoolFeatures: None
  • MLS Status: Active
  • Subdivision Name: None
  • Directions: Follow US-84 W to Elba; Take AL-87 S to Old Samson Rd (County Road 401)
  • Architectural Style: One Story
  • Flooring: Laminate, Vinyl
  • Interior Features: Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Room
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Stories: 1

Exterior Features

  • Topography: Level
  • Waterfront: No
  • Construction Type: Metal Siding

Garage/Parking

  • Parking Features: Shared Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Space Heater
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Electricity: Elba

Schools

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 11-05-21-0-000-047.000

Multi Family

  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 407.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $283 $7,840 $1,936 $5,904
2024 $267 $6,960 $1,940 $5,020
2023 $261 $6,522 $1,842 $4,680
2022 $252 $6,540 $0 $0
2021 $220 $5,600 $0 $0
2020 $220 $5,600 $0 $0
2019 $220 $5,600 $0 $0
2018 $220 $5,600 $0 $0
2017 $227 $5,780 $0 $0
2016 $224 $5,720 $0 $0
2015 $218 $5,540 $0 $0
2014 $218 $5,540 $0 $0
2013 -- $0 $0 $0
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 Prior Sale
07/08/2026 07/08/26 Price Changed $300,000 -7.7% --
05/07/2026 05/07/26 Price Changed $325,000 -11.2% --
03/31/2026 03/31/26 Price Changed $365,900 +12.3% --
03/22/2026 03/22/26 Price Changed $325,900 -16.4% --
01/11/2026 01/11/26 For Sale $390,000 +333.3% --
07/31/2020 07/31/20 Sold $90,000 +0.1% -- View Prior Sale
07/01/2020 07/01/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $89,900 -- --
Source: Wiregrass REALTORS®

Source: Wiregrass REALTORS®

MLS Number: 556617

APN: 11-05-21-0-000-042.000

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