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204 Corman Ave, Troy, AL, 36081

18beds
--baths
0sqft
$750,000
--price/sqft
$5,320/moest. monthly cost
$212,800/yrincome needed

About This Home

7 Single family houses located on R2 zoned land. There is approximately 2.8 acres on 5 parcels. 6 houses are occupied by tenants. 1 house needs a new roof and other repairs. Great investment opportunity. 204, 206, 208, 210, 212 Corman and 110 and 112 A Street.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

8/10
Troy Elementary SchoolGrades PK-62.3 mi
4/10

Construction

Materials

  • Roof: Asphalt
  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 18

Heating

  • Heating features: Heat Pump

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 551702043003003000

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 2.80 Acres

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

  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Hurricane
Strong Wind
Tornado

FEMA Declared Disasters Across Alabama Counties

Flood
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 $3,792$45,504
Home Insurance *$827$9,924
Property Taxes $461$5,532
Electricity $240$2,881
Total$5,320$63,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,400/yr
40% on housing$159,600/yr
45% on housing$141,866/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: 5.9%
5.9%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 36081$156
Pike County$126

vs Homes Sold Last Month

Median $/sqft

ZIP 36081$112
Pike County$159

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
2025-10-30Listed for sale$750,000
2025-10-17Listing removed$750,000
2025-04-18Listed for sale$750,000
2019-09-25Listing removed$795,000
2019-02-12Listed for sale$795,000
2018-08-03Listing removed$900
2018-07-30Listed for rent$900

For Sale by Agent

AgentAllen Renfroe
BrokerageBluekey Properties

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