$399,900

464 County Road 237 Moulton, AL 35650

Estimated payment $2,512/month

Total Views 272
-- Bed
-- Bath
1,216 Sq Ft
$329 Price per Sq Ft

Highlights

  • Very Popular Property
  • Storm Windows
  • Heating Available
  • Porch
  • Window Unit Cooling System

About This Home

Great investment opportunity with strong income potential! This property includes four mobile homes situated on approximately 0.50± acres. Units vary in size, offering 2BR/1BA up to 3BR/2BA floor plans, providing flexibility for a range of tenant needs. Three homes are currently occupied, & one home is vacant & available for immediate lease. Recent improvements include new steps & landing porches on each unit. Property is located in a rural setting while remaining convenient to restaurants, schools, medical facilities, & other local services. Ideal for investors seeking steady rental income or buyers looking to expand their portfolio.

Listing Agent

Morgan Jones

MarMac Real Estate License #106410 Listed on: 11/18/2025

MarMac Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Home Design

  • Aluminum Siding

Interior Spaces

  • Property has 1 Level
  • Storm Windows

Parking

  • 8 Parking Spaces
  • Gravel Driveway
  • Open Parking

Schools

  • Moulton Middle Elementary School
  • Lawrence County High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Natural Gas Not Available
  • Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 0.5 Acre Lot

Community Details

  • 4 Buildings
  • 4 Units
  • 1,216 Sq Ft Building
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1401110000003.021

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Subdivision Name: Metes And Bounds
  • New Construction: No
  • Efficiency: Storm Wdw
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator, Electric Water Heater
  • Levels: One

Exterior Features

  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway-Gravel, Shared Driveway
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric
  • Cooling: Window Unit(s)
  • Gas: None
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Moulton Middle

Lot Info

  • Parcel Number: 1401110000003.021
  • Lot Size Sq Ft: 21780

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: NA

MLS Schools

  • Elementary School: Moulton
  • High School: Lawrence County

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
11/18/2025 11/18/25 For Sale $399,900 -- $329 / Sq Ft
Source: ValleyMLS.com

About the Listing Agent

Morgan Jones

MarMac Real Estate

(256) 408-3716

Section Image

Morgan, a resident of Town Creek, is a believer in the power of education. After graduating from Lawrence County High School, she received a bachelor’s degree from the University of North Alabama, successfully completed real estate license school and exam, and is currently working on her Master’s in Education at UNA. Morgan also believes education is the key to leading buyers and sellers in the rapidly changing real estate market.

When she is not busy helping her real estate customers,

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Source: ValleyMLS.com

MLS Number: 21904148

ValleyMLS.com