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1002 S 10th St, Gadsden, AL, 35901

4beds
2baths
2,200sqft
$299,900
$136price/sqft
$2,111/moest. monthly cost
$84,440/yrincome needed

About This Home

Rare investor opportunity in the heart of Gadsden! This occupied quadplex offers immediate cash flow with established tenants already in place. The property features four income-producing units and presents a great opportunity for investors looking to expand their rental portfolio with a stabilized asset. Conveniently located near shopping, dining, schools, and major roadways, this multi-family property offers strong rental demand and long-term investment potential. Whether you’re a seasoned investor or just getting started, this turnkey property is a solid addition to any portfolio!

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
8/10
Gadsden Middle SchoolGrades 6-80.4 mi
3/10
Gadsden City High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Cooktop,Refigerator,Stove,Electric Water Heater
  • Laundry features: Washer/Dryer Connection

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Den
  • Flooring: Laminate,Hardwood,Tile,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 2,200 sqft

Property

Details

  • Parcel number: 1502092000131.000
  • Special condition: N/A

Parking

  • Parking features: 1 Space per Unit

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

  • Tornado
    TornadoVery High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Strong Wind
Cold Wave
Earthquake
Inland Flooding
Lightning

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
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 $1,516$18,192
Home Insurance *$270$3,240
Property Taxes $79$948
Electricity $246$2,954
Total$2,111$25,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,377/yr
40% on housing$63,330/yr
45% on housing$56,293/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 7.0%
7.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 35901$124
Etowah County$110

vs Homes Sold Last Month

Median $/sqft

ZIP 35901$108
Etowah County$126

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
2026-05-08Listed for sale$299,900
2020-11-25Sold$68,500
2020-10-21Listed for sale$79,900

For Sale by Agent

AgentChris Lindsey
BrokeragePrecise Real Estate LLC

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