$250,000
$60K PRICE DROP

500 Annapolis Ave Sheffield, AL 35660

Sheffield Area

Estimated payment $1,407/month

Total Views 1,022
-- Beds
-- Baths
3,079 Sq Ft
$81 Price per Sq Ft

Highlights

  • Corner Lot
  • Neighborhood Views
  • Front Porch
  • No HOA

About This Home

Cash-flow machine! This 6-unit building is 100% occupied at $3,490 per month. Add that to very low property tax and insurance costs and you are left with a nice cash flowing property. No need to worry about Capital Expenditure as most have been completed within the last 5 years: New roof, windows, vinyl siding, plumbing, appliances, & window units. All units are separately metered with tenants paying their own utilities. 4 of the units rent for $600 per month, one for $575 & 1 unit rents for $515 per month.

Listing Agent

Adam Wimberly

MarMac Real Estate - The Shoals License #000109233 Listed on: 08/13/2026

MarMac Real Estate - The Shoals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $410

Year Built

  • Built in 1920

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,079 Sq Ft Home
  • Laminate Flooring
  • Neighborhood Views
  • Crawl Space

Parking

  • Alley Access
  • On-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Sheffield Elementary And Middle School
  • Sheffield High School

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sheffield Community

Listing and Financial Details

  • Assessor Parcel Number 07-08-28-4-015-012.000

Property Details

Home Type

Condominium

Est. Annual Taxes

$410

Year Built

Built in 1920

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Lot Dimensions: 50 X 150
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: None
  • PropertySubType: Apartment
  • PropertyType: Residential Income
  • Lot Size Acres: 0.17
  • Co List Office Phone: 256-766-8499
  • MLS Status: Active
  • ResoBuildingAreaSource: Assessor
  • Multiple_Level_YN: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Basement YN: No
  • Flooring: Laminate, Vinyl

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Lot Features: Corner Lot
  • Patio And Porch Features: Front Porch
  • Roof: Metal
  • View: City, Neighborhood
  • Waterfront: No
  • Fencing: None
  • ExteriorFeatures: None
  • Pool Features: None

Garage/Parking

  • Parking Features: Alley Access, On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric
  • Sewer: Unknown
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: None
  • Association: No
  • Community Features: None
  • Planned Community Name: Sheffield

Schools

  • Middle Or Junior School: Sheffield

Lot Info

  • Parcel Number: 07-08-28-4-015-012.000

Building Info

  • Year Built: 1920
  • BuildingAreaTotal: 3079.0

Multi Family

  • IncomeIncludes: ["Rent Only"]
  • Tenant Pays: All

Tax Info

  • Year: 2026
  • Tax Annual Amount: 409.9

MLS Schools

  • Elementary School: Sheffield
  • HighSchool: Sheffield

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 $355 $6,900 $1,740 $5,160
2024 $355 $6,460 $1,380 $5,080
2023 $333 $6,460 $0 $0
2022 $311 $6,040 $0 $0
2021 $287 $5,580 $0 $0
2020 $267 $5,180 $0 $0
2019 $267 $5,180 $0 $0
2018 $267 $5,180 $0 $0
2017 $277 $5,380 $0 $0
2016 $277 $5,380 $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
08/13/2026 08/13/26 Price Changed $250,000 -9.1% $81 / Sq Ft
07/21/2026 07/21/26 Price Changed $275,000 -5.2% $89 / Sq Ft
06/23/2026 06/23/26 Price Changed $290,000 -6.5% $94 / Sq Ft
06/04/2026 06/04/26 For Sale $310,000 +3.3% $101 / Sq Ft
01/30/2025 01/30/25 Sold $300,000 -2.9% -- View Prior Sale
11/04/2024 11/04/24 For Sale $309,000 -- --
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Purchase 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 Type Sale Price Title Company
Deed $240,000 --
Warranty Deed $248,000 None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $248,000 Commercial
Source: Public Records

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 529291

Strategic MLS Alliance (Cullman / Shoals Area)
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