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415 2nd Ave SE, Hamilton, AL, 35570

--beds
--baths
3,000sqft
$280,000
$93price/sqft
$2,109/moest. monthly cost
$84,360/yrincome needed

About This Home

This fully renovated 4-plex is an investor’s goldmine. Here’s what makes this property special: All 4 units are rented out. Each units features 2-bedroom, 1-bath with open floor plans. Complete renovations: new HVAC, electrical, plumbing, flooring, updated kitchens, bathrooms, and 4-year-old shingle roof. Each unit comes fully equipped: washer, dryer, stove, refrigerator. This is turnkey income production at its finest with maximum cash flow potential. All units are currently rented with a total monthly income of $3,100.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

10/10
Hamilton Middle SchoolGrades 5-80.4 mi
3/10
Hamilton High SchoolGrades 9-120.4 mi

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Oven,Refrigerator,Washer,Dryer

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 490907353000070.000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.80 Acres

Parking

  • Total spaces: 4
  • Parking features: Parking Lot

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

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Inland Flooding
Strong Wind
Heat Wave
Landslide

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Storm

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

MonthlyAnnual
Mortgage $1,415$16,980
Home Insurance *$304$3,648
Property Taxes $55$660
Electricity $335$4,028
Total$2,109$25,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,308/yr
40% on housing$63,270/yr
45% on housing$56,240/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

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.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -5.2%
-5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$93This listing

vs Other Active Listings

Avg $/sqft

ZIP 35570$77
Marion County$90

vs Homes Sold Last Month

Median $/sqft

ZIP 35570
Marion County$127

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

DateEventPrice
2026-04-27Price change$280,000
2026-03-26Price change$290,000
2026-03-09Listed for sale$300,000
2022-06-23Sold$75,000
2022-06-04Pending sale$75,000
2022-04-02Listed for sale$75,000

For Sale by Agent

AgentSherry Pruitt
BrokerageSherry Pruitt Real Estate

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