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215 3rd Ave NW, Arab, AL, 35016

1beds
1baths
636sqft
$96,900
$152price/sqft
$833/moest. monthly cost
$33,320/yrincome needed

About This Home

Property is zoned for either Commercial and/or Residential use. You can either use as a unique business opportunity or use as one bedroom in Arab City. Or maybe both! Currently only a half bath. Location is Downtown off Main Street at 215 3rd Avenue NW. This property is available for under $100,000.00. For the past 10 yrs has operated as a recording studio. Brick with metal roof, 636 sq ft., HALF BATH on concrete slab. Plenty of parking. Can even consider expansion of bldg. Seller is AL licensed realtor

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

10/10
Arab Elementary SchoolGrades 3-50.7 mi
10/10
Arab Jr High SchoolGrades 6-80.9 mi
10/10
Arab High SchoolGrades 9-120.8 mi

Construction

Materials

  • Foundation: Slab

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedroom

  • Features: Carpet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Fireplace features: None

Great Room

  • Features: LVP
  • Area: 120

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 636 sqft

Property

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 75 x 105

Parking

  • Parking features: Circular Driveway

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

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Lightning
Winter Weather
Earthquake
Heat Wave
Inland Flooding
Ice Storm

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 $489$5,868
Home Insurance *$80$960
Property Taxes $24$288
Electricity $240$2,881
Total$833$9,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,560/yr
40% on housing$24,990/yr
45% on housing$22,213/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: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 35016$141
Marshall County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 35016$149
Marshall County$153

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)

No zestimate history available

Price History

DateEventPrice
2026-06-29Listed for sale$96,900
2014-11-13Listing removed$29,900
2014-10-31Price change$29,900
2014-10-15Price change$34,900
2014-09-22Price change$39,900
2014-08-15Listed for sale$45,000
2014-02-05Listing removed$33,000
2014-01-05Listed for sale$33,000
2010-11-22Listing removed$48,900
2010-07-24Listed for sale$48,900

For Sale by Agent

AgentPatricia Swindle
Brokerage1st Real Estate, LLC

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