4 Units*High Rents*Great House Hack Live In One Unit, Qualify for 30 Year Fixed Rate Mortgage As Owner Occ, & Collect Rent On Other 3 Units!*7.6% CAP RATE INVESTORS!*Madison School District Including Bob Jones HS*All 2 Bedroom, 2 Full Bathroom Units with Open Floor Plans*Every Unit With Private Balconies/Decks - Separate Storage Units With Each Unit*Plenty of Off Street Parking*Open Floor Plan*Full Kitchens*Spacious Bedrooms*Walk In Closets*Double Pane Windows*Large Kitchens with Dishwashers, Refrigerators, Stove/Range/Ovens, Range Hoods*3 Units Have Been Updated*1 Unit Fixer (But Occupied)*Washers/Dryer Hookups*W/D Machines in Most Units
Multi-familyProperty Type
1985Year Built
0.3 acresLot Size
$133Est. Price/Sq.Ft.
4 spacesParking
Listed by Carrie Blair• Carrie Blair
•720-840-8606 (broker)
•Carrie.blair@gmail.com (broker)
Bought with Tony Sanchez• Weichert Realtors-The Sp Plce
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
4
Stories
1
Lot width
90 ft.
Lot depth
147 ft.
Lot size
0.3 Acres
Year renovated
1985
Sq. Ft.
3,694
Year built
1985
Style
Multi-Family (5+ Unit)
County
Madison County
APN
16-03-05-1-002-001.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 25, 2026.
R-4
Multi-Family Residential District
The purpose of the R-4 District is to provide for multiple-family dwellings, which will: Serve as zones of transition between non-residential districts and single family districts and Provide areas for medium/high density multiple-family dwellings which will be compatible with adjoining single-family development.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Group
Housing-Single unit
Housing-Student
Infrastructure
Property details
Parking
Parking / Garage Information
# of Parking Spaces: 4
Has Open Parking: Yes
Parking Features: Driveway-Paved/Asphalt
Exterior
Exterior Features
Exterior Features: Balcony
Has View: No
Lot Information
Lot Size Acres: 0.3
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Square Feet: 13,068
Land Information
Water Source: Public
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
New Construction: No
Year Built: 1985
Living Area Units: Square Feet
Green Energy Efficient: Insulated Wdw
# of Fireplaces: 0
Appliances: Oven, Refrigerator, Dishwasher, Washer, Dryer, Gas Water Heater
Building Information
Levels: Two
Construction Materials: Brick
Financial
Tax Information
Tax Legal Description: LOT 1 BLK 1 ROLLING-WOOD S/D 5TH ADD A RE S/D OF TR 5B ROLLING-WOOD S/D 3RD ADD PB 13 PG 97
Tax Year: 2024
Tax Lot: 1
Tax Block: 1
Utilities
Utility Information
Gas: Natural
Sewer: Public Sewer
Heating & Cooling
Has Cooling: Yes
Has Heating: Yes
Cooling: Central Air
Heating: Natural Gas
Location
School / Neighborhood
Elementary School: Rainbow Elementary
Middle Or Junior School: Discovery
High School: Bob Jones
Location Details
Directions: From 565, North On Wall Triana Highway, Left On Gillespie Rd. Property On Left. From Highway 72, South On Wall Triana Highway, Right On Gillespie Rd, Property On Left.
Community Information
Subdivision Name: Rolling Wood
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,694
Stories: 1.0
Lot Size: 0.3 acres
Style: Multi-Family (5+ Unit)
Year Built: 1985
Year Renovated: 1985
County: Madison County
APN: 16-03-05-1-002-001.000
Home facts updated by county records on Jun 25, 2026
Around this home
Schools
Rainbow Elementary School
Public K-5 • Assigned • 1.9mi
10/10
Discovery Middle School
Public 6-8 • Assigned • 1.1mi
10/10
Bob Jones High School
Public 9-12 • Assigned • 0.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 19 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Madison, AL • 35758
Average low and high temperatures (°F)
48
28
59
37
71
47
77
55
78
61
87
68
91
73
86
69
84
65
76
54
65
46
54
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.