




707 Selma Ave, Selma, AL, 36701
About This Home
Timeless Victorian Charm with Exceptional Flexibility & Income Potential in the heart of historic Selma, Alabama. Step into a rare opportunity to own a beautifully preserved Victorian home that seamlessly blends historic character with modern versatility. Currently configured as professional office space, this distinctive property offers endless possibilities for investors, entrepreneurs, or homeowners seeking a one-of-a-kind residence. With its classic Victorian architecture, inviting curb appeal, and spacious layout, the property can continue to serve as an office or be thoughtfully converted back into a stunning private residence. The flexible floor plan lends itself to a variety of uses, making it ideal for those looking to create a live/work environment or maximize rental income. Whether you envision a grand single-family home, a residence with a home office, or an income-producing property (subject to applicable zoning and approvals), this property presents exceptional potential. Original architectural details such as leaded glass and stained glass windows, generous room sizes, wood floors, pocket doors and a prime location combine to create a truly unique investment located just mere minutes from the Alabama River, The historic Edmund Pettus Bridge, museums and quaint coffee shops. Currently operating as professional office space but potential for conversion back to residential use (buyer to verify zoning and permitted uses) and has a flexible layout suitable for live/work opportunities, including a conference room, library and reception area if desired. This home has excellent income-producing potential through residential or mixed-use possibilities, where permitted. This is rare chance to own a landmark property with endless possibilities so bring your vision and unlock the full potential of this remarkable Victorian gem--where history, opportunity, and investment value come together.
Getting Around
Schools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Basement
- Roof: Metal
- Construction materials: Block,Wood Siding,Plaster
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Mixed Use
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood
Heating & Cooling
- Heating features: Space Heater
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 3,654
- Total interior livable area: 3,654 sqft
Property
Details
- Parcel number: 27 11 07 36 2 003 037.000
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Shrubs
- On waterfront: Yes
- Waterbody name: N/A
Lot
- Lot size: 0.26 Acres
- Features: Lot Remarks,City Lot
Parking
- Parking features: Parking Pad
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Tornado
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,693 | $20,316 |
| Home Insurance * | $463 | $5,556 |
| Property Taxes | $100 | $1,200 |
| Electricity | $408 | $4,906 |
| Total | $2,664 | $31,968 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $335,000 |
| 2026-07-28 | Listed for sale | $339,000 |
For Sale by Agent
