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500 22nd St E, Jasper, AL, 35501

2beds
2baths
1,250sqft
$260,000
$208price/sqft
$1,954/moest. monthly cost
$78,160/yrincome needed

About This Home

Located at 500 22nd Street E, this quadplex features four 1 bed / 1 bath units, offering strong income potential for investors or owner-occupants. Highlights: Prime downtown location within walking distance to shopping, dining, schools, and the library Income-producing property with long-term or short-term rental potential Well-maintained units with updates that appeal to tenants Great opportunity to expand your portfolio or house hack With Jasper’s growing downtown area, this property offers both immediate cash flow and long-term upside. Schedule your private showing today!

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

10/10
10/10
7/10
Jasper High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1916

Materials

  • Construction materials: Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Cooktop,Refigerator,Stove,Gas Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen,Kitchenette,Den
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Individual Units (HEAT)
  • Cooling features: Individual Units (COOL)

Interior Area

  • Total interior livable area: 1,250 sqft

Property

Details

  • Parcel number: 1705161105002.000
  • Special condition: As Is

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

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 $1,314$15,768
Home Insurance *$351$4,212
Property Taxes $49$588
Electricity $240$2,881
Total$1,954$23,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,994/yr
40% on housing$58,620/yr
45% on housing$52,106/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: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -3.3%
-3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 35501$130
Walker County$133

vs Homes Sold Last Month

Median $/sqft

ZIP 35501$123
Walker County$115

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
2026-04-23Listed for sale$290,000
2026-03-01Listing removed$289,000
2026-01-10Listed for sale$289,000
2025-12-10Listing removed$299,900
2025-10-15Price change$299,900
2025-09-02Listed for sale$310,000
2025-08-30Listing removed$310,000
2025-06-23Price change$310,000
2025-04-15Price change$327,000
2025-03-04Listed for sale$329,999
2024-08-19Sold$215,000
2024-06-20Listing removed--
2024-04-23Price change$224,900
2024-02-06Listed for sale$234,900
2024-01-31Contingent$234,900
2024-01-19Listed for sale$234,900
2023-05-30Sold$60,000
2023-05-09Contingent$69,000
2023-04-03Price change$69,000
2023-04-01Price change$79,900
2023-04-01Price change$69,000
2023-02-06Price change$73,000
2022-09-12Listed for sale$79,900

For Sale by Agent

AgentKoty Ray
BrokerageRays Realty Group LLC

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