515 Elm Ave, Gadsden, AL, 35903
About This Home
Investor Special Solid brick 2 bed / 2 bath, basement with side entrance. Character features include arched doorways, built-in breakfast nook, and decorative fireplace. HVAC approx. 5 yrs old. Spacious backyard.Cash Only – Full Interior Rehab Needed Ideal for flip, rental, or BRRRR.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Basement
Bedroom2
- Features: Ceiling Fan(s)
- Level: First
- Area: 90
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Features: Ceiling Fan(s)
- Level: First
- Area: 72
Features
- Number of fireplaces: 1
- Fireplace features: Gas Log,One
- Fireplace: Yes
Heating & Cooling
- Heating features: Central 1
- Cooling features: Central 1
Interior Area
- Total interior livable area: 1,530 sqft
Kitchen
- Features: Eat-in Kitchen
- Level: First
- Area: 32
Living Room
- Features: Ceiling Fan(s)
- Level: First
- Area: 150
Property
Details
- Parcel number: 1502101000145000
Lot
- Lot size: 0.25 Acres
- Lot size dimensions: 58.33 x 210 x 58.33 x 210
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
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
- Earthquake
- Inland Flooding
- 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 | $302 | $3,624 |
| Home Insurance * | $51 | $612 |
| Property Taxes | $15 | $180 |
| Electricity | $240 | $2,881 |
| Total | $608 | $7,296 |
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 |
|---|---|---|
| 2026-04-09 | Price change | $59,900 |
| 2026-03-11 | Price change | $69,900 |
| 2026-02-28 | Listed for sale | $79,900 |
| 2021-03-24 | Listing removed | -- |
| 2020-07-23 | Listing removed | $55,000 |
| 2020-05-14 | Listed for sale | $55,000 |
| 2015-05-19 | Listing removed | $54,500 |
| 2015-03-19 | Price change | $54,500 |
| 2015-01-23 | Listed for sale | $23,400 |
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