500 22nd St E Jasper, AL 35501
Estimated payment $1,596/month
About This Home
**Investor Alert!** Fantastic opportunity to own a quadplex in the heart of Jasper! This multi-family property offers four spacious units under one roof, with one unit already tenant-occupied, providing immediate rental income from day one.
Each unit features its own entrance, ample living space, and great potential for updates to increase future rental value. Located just minutes from downtown, shopping, restaurants, and schools, this property is perfectly situated for long-term tenants. Whether you’re a seasoned investor or just getting started, this quadplex is a solid addition to any portfolio. With strong rental demand in the area and room to increase rents, the upside potential is huge. Don’t miss this income-generating gem—schedule your showing today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Home Design
- 1,250 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Simmons Elementary School
- Maddox Middle School
- Jasper High School
Utilities
- Gas Water Heater
Community Details
- 4 Units
- Operating Expense $1
Listing and Financial Details
- The owner pays for water/sewer (owner)
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 | $1,142 | $22,400 | $1,000 | $21,400 |
| 2023 | $896 | $12,300 | $1,000 | $11,300 |
| 2022 | $422 | $10,540 | $1,000 | $9,540 |
| 2021 | $422 | $10,540 | $1,000 | $9,540 |
| 2020 | $422 | $10,540 | $1,000 | $9,540 |
| 2019 | $479 | $11,980 | $1,000 | $10,980 |
| 2018 | $333 | $8,320 | $1,000 | $7,320 |
| 2017 | $333 | $8,320 | $1,000 | $7,320 |
| 2016 | $333 | $8,320 | $1,000 | $7,320 |
| 2015 | $333 | $8,320 | $1,000 | $7,320 |
| 2014 | $391 | $9,780 | $1,000 | $8,780 |
| 2013 | $391 | $9,780 | $1,000 | $8,780 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/10/2026 01/10/26 | Price Changed | $289,000 | 0.0% | $231 / Sq Ft | |
| 01/10/2026 01/10/26 | For Sale | $289,000 | -3.6% | $231 / Sq Ft | |
| 12/10/2025 12/10/25 | Off Market | $299,900 | -- | -- | |
| 10/15/2025 10/15/25 | Price Changed | $299,900 | -3.3% | $240 / Sq Ft | |
| 09/02/2025 09/02/25 | For Sale | $310,000 | +416.7% | $248 / Sq Ft | |
| 05/30/2023 05/30/23 | Sold | $60,000 | -13.0% | $39 / Sq Ft | View Prior Sale |
| 04/01/2023 04/01/23 | For Sale | $69,000 | 0.0% | $45 / Sq Ft | |
| 04/01/2023 04/01/23 | Price Changed | $69,000 | +15.0% | $45 / Sq Ft | |
| 04/01/2023 04/01/23 | Off Market | $60,000 | -- | -- | |
| 02/06/2023 02/06/23 | Price Changed | $73,000 | -8.6% | $47 / Sq Ft | |
| 09/12/2022 09/12/22 | For Sale | $79,900 | -- | $52 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | Attorney Only | |
| Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | New Conventional |
Source: Greater Alabama MLS
MLS Number: 21429900
APN: 17-05-16-1-105-002-0000
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Ask me questions while you tour the home.