309 Caldwell St Tallassee, AL 36078
Estimated payment $941/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 581597
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