708 Raley St, Gadsden, AL, 35903
About This Home
This 1 bedroom, 1 bathroom home offers incredible potential, whether you're a first-time buyer or an investor looking to expand your portfolio. Conveniently located near shopping centers, restaurants, and everyday amenities, this property combines comfort with convenience. With a little vision, this space can easily be transformed into a cozy retreat or a solid rental income property. Don’t miss out on this great opportunity!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Materials
- Foundation: Slab
Type & Style
- Home type: SingleFamily
- Architectural style: See Remarks
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Fireplace features: None
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total interior livable area: 552 sqft
Kitchen
- Features: Unfinished
- Level: First
- Area: 192
Living Room
- Features: Unfinished
- Level: First
- Area: 132
Master Bedroom
- Features: Unfinished
- Level: First
- Area: 144
Property
Details
- Parcel number: 1501114000079.000
Lot
- Lot size: 0.25 Acres
Parking
- Parking features: Alley Access
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
- Strong Wind
- Cold Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $227 | $2,724 |
| Home Insurance * | $38 | $456 |
| Property Taxes | $12 | $144 |
| Electricity | $240 | $2,881 |
| Total | $517 | $6,204 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-03 | Price change | $45,000 |
| 2025-09-23 | Price change | $55,000 |
| 2025-08-08 | Listed for sale | $65,000 |
View on Zillow