300 Huntsville Ave · Irondale, AL 35173

$119,900

2 bd · 2.0 ba · 1,165 sqft · SingleFamily · 22 Days on market

Built 1990 0.45 ac lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to a well maintained 1-story, nestled on a nearly half-acre level lot in the desirable Queenstown subdivision. This property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping Center. Home features split-bedroom floor plan. The master bath is a true oasis with a relaxing soaking tub. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. Step outside to a covered deck; level fenced backyard providing an ideal setting for outdoor enjoyment, entertaining or a peaceful private area. A storage building remains with the home for added convenience. This property has great potential for an investment property. Septic tank has just been cleaned and a current termite bond. Call for your private showing today.

Key facts

• Half acre level lot
• Desirable location
• Tons of storage

Tags

• HALF ACRE LEVEL LOT
• TONS OF STORAGE
• OVERSIZED PRIMARY BATHROOM
• DESIRABLE LOCATION

Property features AI

Finance

• Other: Lot size approximately 0.447 acres
• HOA & community: Subdivision: QUEENSTOWN

Exterior

• Parking: Driveway parking
• Utilities: Public water; Septic system; Electric water heater; Internet service availability: unknown
• Home design: Existing construction; Vinyl siding
• Construction: Vinyl siding exterior; Foundation supported by pillars/support
• Exterior features: Front porch; No pool; No patio; No decks; Not waterfront; Flood plain: No

Interior

• Kitchen: Dishwasher (built-in); Built-in microwave; Refrigerator; Solid surface countertops
• Bedrooms: Master bedroom on main level; Additional bedroom(s) on main level
• Flooring: Hardwood laminate; Tile
• Bathrooms: Two full bathrooms; Master bath with separate vanities; Garden tub in bathroom; Tub/shower combo
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: Split bedroom floor plan; Ceilings: Other (see remarks); Hardwood laminate and tile flooring; Solid surface kitchen countertops
• Laundry & utility: Main-level laundry room; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $954 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $118k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.8% vs local median 5.2% in Irondale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#23 in AL, #4,921 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment C-, amenities F, health & safety F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Irondale Community School (math 6% / reading 32%, grade F, #478 of 627 statewide, top 76%, 450 students, 50% FRL); Shades Valley High School (math 29% / reading 39%, grade F, #53 of 305 statewide, top 18%, 1,200 students, 68% FRL).
• Market conditions: 344 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $90k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $118,101 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.75% ✓
• Cap rate: 15.84%
• Cash-on-cash: 34.11%
• DSCR: 2.52
• GRM: 4.8

CMA / ARV

• ARV (on-the-fly): $246,980
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6211 Alabama Dr	0.41mi	3/2.0 (+1)	1,128 (-3%)	1mo	$284,000	$252	70
332 Montgomery Ave	0.17mi	3/2.0 (+1)	1,285 (+10%)	10mo	$40,000	$31	61
5416 Magnolia Trl	0.62mi	2/2.0	1,191 (+2%)	9mo	$249,900	$210	60
323 Glen Cross Way	0.38mi	3/2.0 (+1)	1,261 (+8%)	11mo	$300,000	$238	54
5436 Wisteria Trce	0.69mi	3/2.0 (+1)	1,231 (+6%)	1mo	$285,000	$232	53
5401 Magnolia Trl	0.63mi	3/2.0 (+1)	1,308 (+12%)	2mo	$278,000	$213	44
5448 Magnolia Trl	0.57mi	2/2.0	1,266 (+9%)	22mo	$258,000	$204	40
5148 Promenade Dr	0.50mi	3/2.0 (+1)	1,338 (+15%)	9mo	$283,000	$212	40
5405 Magnolia Trl	0.62mi	3/2.0 (+1)	1,308 (+12%)	10mo	$275,000	$210	37
120 Lynn Dr	0.59mi	3/2.0 (+1)	1,330 (+14%)	9mo	$245,000	$184	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.5%
• Equity multiple: 2.23×
• Total profit: $41,304
• Equity at exit: $17,877

10-year hold

• IRR: 36.8%
• Equity multiple: 4.40×
• Total profit: $114,044
• Equity at exit: $10,367

Cash invested: $33,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 35173

• Home prices YoY: -33.4%
• Active inventory: 344
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $2,098 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$24 /mo · $291/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $954

Break-even live

Break-even rent $890

Max offer price $119,900

Occupancy floor 50%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3129 Cedarbrook Ln Trussville, AL	3.0	2.0	1231	$1,766	$1.43	14d	1	1.21mi
3539 Mary Taylor Rd Birmingham, AL	2.0	1.0–2.0	847	$1,592	$1.88	1d	8	1.27mi
3509 Halcyon Way Trussville, AL	3.0	2.0	1412	$2,995	$2.12	23d	1	1.35mi

Listing history 27 events

1. 2026-06-18
   days on market $119,900 Active 22 DOM
2. 2026-06-17
   days on market $119,900 Active 21 DOM
3. 2026-06-16
   days on market $119,900 Active 20 DOM
4. 2026-06-15
   days on market $119,900 Active 19 DOM
5. 2026-06-13
   days on market $119,900 Active 17 DOM
6. 2026-06-10
   days on market $119,900 Active 14 DOM
7. 2026-06-09
   days on market $119,900 Active 13 DOM
8. 2026-06-08
   days on market $119,900 Active 12 DOM
9. 2026-06-07
   days on market $119,900 Active 11 DOM
10. 2026-06-03
    days on market $119,900 Active 7 DOM
11. 2026-06-02
    days on market $119,900 Active 6 DOM
12. 2026-06-01
    days on market $119,900 Active 5 DOM
13. 2026-05-31
    days on market $119,900 Active 4 DOM
14. 2026-05-27
    listed $119,900 Active
15. 2026-02-16
    soldstatus $90,000 Sold 883-char remark

    Show marketing remark (883 chars)

    Welcome home to a well maintained 1-story, nestled on a nearly half-acre level lot in the desirable Queenstown subdivision. This property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping Center. Home features split-bedroom floor plan. The master bath is a true oasis with a relaxing soaking tub. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. Step outside to a covered deck; level fenced backyard providing an ideal setting for outdoor enjoyment, entertaining or a peaceful private area. A storage building remains with the home for added convenience. This property has great potential for an investment property. Septic tank has just been cleaned and a current termite bond. Call for your private showing today.

16. 2026-02-12
    soldstatus $90,000
17. 2026-01-30
    historical Contingent 883-char remark

    Show marketing remark (883 chars)

    Welcome home to a well maintained 1-story, nestled on a nearly half-acre level lot in the desirable Queenstown subdivision. This property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping Center. Home features split-bedroom floor plan. The master bath is a true oasis with a relaxing soaking tub. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. Step outside to a covered deck; level fenced backyard providing an ideal setting for outdoor enjoyment, entertaining or a peaceful private area. A storage building remains with the home for added convenience. This property has great potential for an investment property. Septic tank has just been cleaned and a current termite bond. Call for your private showing today.

18. 2026-01-27
    status Pending 883-char remark

    Show marketing remark (883 chars)

    Welcome home to a well maintained 1-story, nestled on a nearly half-acre level lot in the desirable Queenstown subdivision. This property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping Center. Home features split-bedroom floor plan. The master bath is a true oasis with a relaxing soaking tub. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. Step outside to a covered deck; level fenced backyard providing an ideal setting for outdoor enjoyment, entertaining or a peaceful private area. A storage building remains with the home for added convenience. This property has great potential for an investment property. Septic tank has just been cleaned and a current termite bond. Call for your private showing today.

19. 2026-01-20
    listed $92,000 Active 883-char remark

    Show marketing remark (883 chars)

    Welcome home to a well maintained 1-story, nestled on a nearly half-acre level lot in the desirable Queenstown subdivision. This property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping Center. Home features split-bedroom floor plan. The master bath is a true oasis with a relaxing soaking tub. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. Step outside to a covered deck; level fenced backyard providing an ideal setting for outdoor enjoyment, entertaining or a peaceful private area. A storage building remains with the home for added convenience. This property has great potential for an investment property. Septic tank has just been cleaned and a current termite bond. Call for your private showing today.

20. 2016-05-03
    soldstatus $60,000
21. 2016-04-28
    soldstatus $60,000 Sold 854-char remark

    Show marketing remark (854 chars)

    Welcome home to this well maintained 1-story retreat, perfect for those seeking peace and quiet with ultimate convenience. Step inside to discover a split-bedroom. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. The master bath is a true oasis with a relaxing soaking tub. Discover the ultimate in quiet, private living in this charming single-family home. Step outside to your covered porch with a level fenced backyard perfect for entertaining, gardening, or simply unwinding . The fenced yard ensures a true sense of privacy. Nestled on a nearly half-acre level lot in the desirable Queenstown subdivision, this property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping District.

22. 2016-04-11
    historical Contingent 854-char remark

    Show marketing remark (854 chars)

    Welcome home to this well maintained 1-story retreat, perfect for those seeking peace and quiet with ultimate convenience. Step inside to discover a split-bedroom. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. The master bath is a true oasis with a relaxing soaking tub. Discover the ultimate in quiet, private living in this charming single-family home. Step outside to your covered porch with a level fenced backyard perfect for entertaining, gardening, or simply unwinding . The fenced yard ensures a true sense of privacy. Nestled on a nearly half-acre level lot in the desirable Queenstown subdivision, this property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping District.

23. 2016-04-08
    status Active 854-char remark

    Show marketing remark (854 chars)

    Welcome home to this well maintained 1-story retreat, perfect for those seeking peace and quiet with ultimate convenience. Step inside to discover a split-bedroom. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. The master bath is a true oasis with a relaxing soaking tub. Discover the ultimate in quiet, private living in this charming single-family home. Step outside to your covered porch with a level fenced backyard perfect for entertaining, gardening, or simply unwinding . The fenced yard ensures a true sense of privacy. Nestled on a nearly half-acre level lot in the desirable Queenstown subdivision, this property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping District.

24. 2016-03-25
    historical Contingent 854-char remark

    Show marketing remark (854 chars)

    Welcome home to this well maintained 1-story retreat, perfect for those seeking peace and quiet with ultimate convenience. Step inside to discover a split-bedroom. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. The master bath is a true oasis with a relaxing soaking tub. Discover the ultimate in quiet, private living in this charming single-family home. Step outside to your covered porch with a level fenced backyard perfect for entertaining, gardening, or simply unwinding . The fenced yard ensures a true sense of privacy. Nestled on a nearly half-acre level lot in the desirable Queenstown subdivision, this property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping District.

25. 2016-02-26
    price $64,900 854-char remark

    Show marketing remark (854 chars)

    Welcome home to this well maintained 1-story retreat, perfect for those seeking peace and quiet with ultimate convenience. Step inside to discover a split-bedroom. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. The master bath is a true oasis with a relaxing soaking tub. Discover the ultimate in quiet, private living in this charming single-family home. Step outside to your covered porch with a level fenced backyard perfect for entertaining, gardening, or simply unwinding . The fenced yard ensures a true sense of privacy. Nestled on a nearly half-acre level lot in the desirable Queenstown subdivision, this property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping District.

26. 2016-02-07
    price $69,900 854-char remark

    Show marketing remark (854 chars)

    Welcome home to this well maintained 1-story retreat, perfect for those seeking peace and quiet with ultimate convenience. Step inside to discover a split-bedroom. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. The master bath is a true oasis with a relaxing soaking tub. Discover the ultimate in quiet, private living in this charming single-family home. Step outside to your covered porch with a level fenced backyard perfect for entertaining, gardening, or simply unwinding . The fenced yard ensures a true sense of privacy. Nestled on a nearly half-acre level lot in the desirable Queenstown subdivision, this property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping District.

27. 2016-02-06
    listed $59,900 Active 854-char remark

    Show marketing remark (854 chars)

    Welcome home to this well maintained 1-story retreat, perfect for those seeking peace and quiet with ultimate convenience. Step inside to discover a split-bedroom. The inviting kitchen boasts an island with a breakfast bar and sink, plenty of cabinets and storage, and recently installed laminate hardwoods which flow into the living areas. The master bath is a true oasis with a relaxing soaking tub. Discover the ultimate in quiet, private living in this charming single-family home. Step outside to your covered porch with a level fenced backyard perfect for entertaining, gardening, or simply unwinding . The fenced yard ensures a true sense of privacy. Nestled on a nearly half-acre level lot in the desirable Queenstown subdivision, this property offers a serene setting just minutes from downtown Trussville and the Grand View Shopping District.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $291 · $24/mo
• Projected year-2 tax: $492 · $41/mo
• Expected delta: +$201/yr (+$17/mo · 69.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,173
• − Mortgage interest: −$6,716
• − Property taxes: −$291
• − Insurance: −$600
• − Repairs & maintenance: −$2,014
• − Management: −$2,014
• − Depreciation: −$3,488
• Taxable income: $10,051
• Est. tax owed @ 24.0%: −$2,412
• After-tax cash flow: $9,039/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Irondale

• Score: 74/100
• State rank: #23
• US rank: #4921

Category grades

Amenities F Commute B Cost of living A+ Crime B+ Employment C- Housing A+ Health & safety F User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 13,775
• Population (ZIP): 32,125

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 669,185 people
• By 2030: 669,694 · +0.1%
• By 2040: 661,388 · -1.2%
• By 2050: 643,086 · -3.9%
• By 2075: 577,267 · -13.7%
• By 2100: 474,758 · -29.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 10% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Slovak 2% Italian 2% Lithuanian 1%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · Jefferson

• 2024 margin: D (+10.4) · D 54.6% · R 44.2% · Other 1.2%
• 2008→2024 swing: +5.4pp toward D · 2008: 5.1pp · 2024: 10.4pp
• All cycles: 2024: D+10.4 2020: D+13.2 2016: D+7.2 2012: D+6.0 2008: D+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.75%
• Current HPI: 208.5715
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+100.2% since first listed

14 events — show timeline

• 2026-05-27 Listed $119,900 Greater Alabama MLS
• 2026-02-16 Sold (MLS) $90,000 Greater Alabama MLS
• 2026-02-12 Sold (Public Records) $90,000 Public Records
• 2026-01-30 Contingent — Greater Alabama MLS
• 2026-01-27 Pending — Greater Alabama MLS
• 2026-01-20 Listed $92,000 Greater Alabama MLS
• 2016-05-03 Sold (Public Records) $60,000 Public Records
• 2016-04-28 Sold (MLS) $60,000 Greater Alabama MLS
• 2016-04-11 Contingent — Greater Alabama MLS
• 2016-04-08 Relisted — Greater Alabama MLS
• 2016-03-25 Contingent — Greater Alabama MLS
• 2016-02-26 Price Changed $64,900 Greater Alabama MLS
• 2016-02-07 Price Changed $69,900 Greater Alabama MLS
• 2016-02-06 Listed $59,900 Greater Alabama MLS

Property tax history

+6.9%/yr

Latest (2021): $291 · +0.0% YoY. Source: county tax records.