$149,900

309 Caldwell St Tallassee, AL 36078

Estimated payment $941/month

Total Views 453
6 Beds
3 Baths
3,680 Sq Ft
$41 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property
  • Wood Siding

About This Home

CALLING ALL INVESTORS!
3 income-producing homes + 5 additional lots sold as a package deal! Acreage, square footage, and bed/bath count shown in the listing represent the combined total for all properties included and listed address is the 1/1 unit with individual addresses below. A full spreadsheet with individual unit breakdowns—expenses, NOI, cap rate, and more—is available upon request. Pictures are organized by front of home then inside pictures of that home. This package is 100% occupied with leases in place through October 1, 2026, providing immediate and secure cash flow. The residential units include: 1/1 home at approximately 800± sq ft 309 Caldwell St (Heating and cooling are window units and space heaters) 2/1 home at approximately 1,080± sq ft 121 N Ashurst Ave (Heating and cooling are window units and space heaters) 3/1 home at approximately 1,800± sq ft 125 N Ashurst Ave (Heating and cooling is central) These three homes sit on a combined 0.40± acres, and just down the street are five additional lots totaling 0.84± acres, all included in the sale. A recent survey for the 5 lots has already been completed and is available for review. This investment opportunity offers a 12% cap rate as-is, with significant upside potential for improvements, increased rents, or additional development—making it an ideal addition to any portfolio. Don’t miss out on this rare cash-flowing package! Call today for a showing!

Listing Agent

Dustin Ledbetter

DL Realty License #0120195 Listed on: 11/15/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Ridge Vents on the Roof
  • Wood Siding

Interior Spaces

  • 3,680 Sq Ft Home
  • 1-Story Property
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Tallassee Elementary School
  • Southside Middle School
  • Tallassee High School

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 1.24 Acre Lot
  • City Lot

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number See Notes

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • New Construction: No
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • LaundryFeatures: Washer Hookup, Dryer Hookup
  • LotFeatures: City Lot
  • Lot Size Acres: 1.24
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Electric Range, Electric Water Heater
  • Co List Office Phone: 334-612-1720
  • MLS Status: Active
  • Subdivision Name: Rural
  • Architectural Style: One Story
  • Fireplace Features: None
  • Unit Levels: One
  • Roof: Ridge Vents
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Plank, Tile, Vinyl
  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Waterfront: No
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
  • Heating: Central, Electric, Space Heater
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tallassee Elementary School
  • High School: Tallassee High School
  • Middle Or Junior School: Southside Middle School,

Lot Info

  • Lot Dimensions: Irr
  • ResoLotSizeUnits: Acres
  • Parcel Number: See Notes

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2025 11/15/25 For Sale $149,900 -- $41 / Sq Ft
Source: Montgomery Area Association of REALTORS®

Source: Montgomery Area Association of REALTORS®

MLS Number: 581597

Montgomery Area Association of REALTORS®