1800 2nd Ave N · Pell City, AL 35125

$180,000

4 bd · 1.5 ba · 1,993 sqft · SingleFamily public records · 23 Days on market

Built 1999 Est $239k · 25% under

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Why this score? — see what drove the C 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 +21.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.0/10.0
• 1% rule +4.5/10.0
• Livability +3.5/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

Key facts

• Built 1999
• Listed 23 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $279 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (4.8% below list).
• Recommended offer: $171k (4.8% below list) — sets the bar for 1% rule.
• Cap rate 8.1% vs local median 2.4% in Pell City — 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 69/100 on livability (#50 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, employment D+, amenities F.
• Pell City (town): math 17% / reading 44% proficiency, ranked #67 of 129 in AL (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 63 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 557 units permitted in St. Clair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• St. Clair County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y 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 $135k; 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; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $171,377 (4.8% 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. 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.
3. 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.
4. 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: 0.95% ✗
• Cap rate: 8.15%
• Cash-on-cash: 6.63%
• DSCR: 1.30
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $239,160
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2006 3rd Ave S	0.31mi	4/2.0	1,979 (-1%)	8mo	$75,000	$38	76
2118 3rd Ave N	0.26mi	4/2.0	2,024 (+2%)	16mo	$265,000	$131	70
1900 3rd Ave	0.10mi	3/2.0 (-1)	1,809 (-9%)	10mo	$269,900	$149	65
1700 3rd Ave	0.10mi	3/2.5 (-1)	2,128 (+7%)	23mo	$255,000	$120	56
804 S 17th St	0.63mi	4/2.0	1,920 (-4%)	12mo	$176,750	$92	53
1921 N 4th Ave	0.22mi	3/2.0 (-1)	1,696 (-15%)	22mo	$195,000	$115	40

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: -6.2%
• Equity multiple: 0.77×
• Total profit: $-11,504
• Equity at exit: $26,839

10-year hold

• IRR: 3.4%
• Equity multiple: 1.25×
• Total profit: $12,511
• Equity at exit: $15,563

Cash invested: $50,400 (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 35125

• Home prices YoY: -22.0%
• Active inventory: 63
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,714 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$56 /mo · $677/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $279

Break-even live

Break-even rent $1,361

Max offer price $180,000

Occupancy floor 79%

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1103 23rd St N Pell City, AL	1.0–3.0	1.0–3.0	990	$1,445	$1.46	1d	11	0.91mi
281 Woodland Trl Pell City, AL	4.0	2.0	1494	$1,749	$1.17	19d	1	0.96mi
490 Woodland Crest Rd Pell City, AL	4.0	2.0	1661	$1,870	$1.13	11d	1	1.09mi

Listing history 29 events

1. 2026-06-18
   days on market $180,000 Active 23 DOM
2. 2026-06-17
   days on market $180,000 Active 22 DOM
3. 2026-06-16
   days on market $180,000 Active 21 DOM
4. 2026-06-15
   days on market $180,000 Active 20 DOM
5. 2026-06-13
   days on market $180,000 Active 18 DOM
6. 2026-06-10
   days on market $180,000 Active 15 DOM
7. 2026-06-09
   days on market $180,000 Active 14 DOM
8. 2026-06-08
   days on market $180,000 Active 13 DOM
9. 2026-06-07
   days on market $180,000 Active 12 DOM
10. 2026-06-05
    days on market $180,000 Active 9 DOM
11. 2026-06-03
    days on market $180,000 Active 8 DOM
12. 2026-06-02
    days on market $180,000 Active 7 DOM
13. 2026-06-01
    days on market $180,000 Active 6 DOM
14. 2026-05-31
    days on market $180,000 Active 5 DOM
15. 2026-05-26
    listed $180,000 Active
16. 2022-09-20
    soldstatus $135,000
17. 2022-09-13
    soldstatus $135,000 Sold 244-char remark

    Show marketing remark (244 chars)

    Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

18. 2022-08-31
    status Pending 244-char remark

    Show marketing remark (244 chars)

    Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

19. 2022-08-26
    price $135,000 244-char remark

    Show marketing remark (244 chars)

    Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

20. 2022-08-11
    price $145,000 244-char remark

    Show marketing remark (244 chars)

    Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

21. 2022-07-20
    status Active 244-char remark

    Show marketing remark (244 chars)

    Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

22. 2022-07-14
    status Pending 244-char remark

    Show marketing remark (244 chars)

    Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

23. 2022-07-06
    listed $150,000 Active 244-char remark

    Show marketing remark (244 chars)

    Home is being sold as-is. 4 bedrooms, 2.5 bathrooms, and driveway parking. CASH OFFERS ONLY. Main Street Renewal does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

24. 2022-04-11
    soldstatus $1,973,000
25. 2021-09-15
    soldstatus $156,000
26. 2021-09-13
    soldstatus $156,000 Sold 377-char remark

    Show marketing remark (377 chars)

    Freshly remodeled this home is a Gem!! Central located right down town Pell City this home is close to everything. This home is located on a corner lot with a fenced yard for privacy that features 2 patio's, one covered and one open into the beautiful private back yard. This home has been remodeled with fresh new finishes and feels like home the moment you walk in the door.

27. 2021-08-10
    historical 377-char remark

    Show marketing remark (377 chars)

    Freshly remodeled this home is a Gem!! Central located right down town Pell City this home is close to everything. This home is located on a corner lot with a fenced yard for privacy that features 2 patio's, one covered and one open into the beautiful private back yard. This home has been remodeled with fresh new finishes and feels like home the moment you walk in the door.

28. 2021-08-10
    listed $159,900 Active 377-char remark

    Show marketing remark (377 chars)

    Freshly remodeled this home is a Gem!! Central located right down town Pell City this home is close to everything. This home is located on a corner lot with a fenced yard for privacy that features 2 patio's, one covered and one open into the beautiful private back yard. This home has been remodeled with fresh new finishes and feels like home the moment you walk in the door.

29. 2021-08-06
    historical $159,900 377-char remark

    Show marketing remark (377 chars)

    Freshly remodeled this home is a Gem!! Central located right down town Pell City this home is close to everything. This home is located on a corner lot with a fenced yard for privacy that features 2 patio's, one covered and one open into the beautiful private back yard. This home has been remodeled with fresh new finishes and feels like home the moment you walk in the door.

ⓘ 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: $677 · $56/mo
• Projected year-2 tax: $738 · $62/mo
• Expected delta: +$61/yr (+$5/mo · 9.1%)

ⓘ 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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,565
• − Mortgage interest: −$10,083
• − Property taxes: −$677
• − Insurance: −$900
• − Repairs & maintenance: −$1,645
• − Management: −$1,645
• − Depreciation: −$5,236
• Taxable income: $379
• Est. tax owed @ 24.0%: −$91
• After-tax cash flow: $3,252/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: Pell City
• NCES district ID: 0102650
• Math proficiency: 17% ▼ -30.00%
• Reading proficiency: 44% ▼ -4.00%
• Median HH income: $45,051
• Composite: 26.04/100
• National rank: #7303
• State rank: #67 of 129 in AL

Livability — Pell City

• Score: 69/100
• State rank: #50
• US rank: #8246

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pell City, AL
• City population: 10,546
• Population (ZIP): 10,969

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 94,158 people
• By 2030: 97,008 · +3.0%
• By 2040: 101,615 · +7.9%
• By 2050: 104,537 · +11.0%
• By 2075: 109,350 · +16.1%
• By 2100: 106,785 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 9% Two or more races 5% Hispanic / Latino 3% Pacific Islander 1% Asian 1%
• Common ancestry: Serbian 1% Italian 1% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+64.1) · D 17.6% · R 81.7%
• 2008→2024 swing: -0.9pp no change · 2008: -63.2pp · 2024: -64.1pp
• All cycles: 2024: R+64.1 2020: R+64.0 2016: R+68.6 2012: R+66.1 2008: R+63.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -51.53%
• Current HPI: 182.9461
• 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

+12.6% since first listed

15 events — show timeline

• 2026-05-26 Listed $180,000 FSBO.com
• 2022-09-20 Sold (Public Records) $135,000 Public Records
• 2022-09-13 Sold (MLS) $135,000 Greater Alabama MLS
• 2022-08-31 Pending — Greater Alabama MLS
• 2022-08-26 Price Changed $135,000 Greater Alabama MLS
• 2022-08-11 Price Changed $145,000 Greater Alabama MLS
• 2022-07-20 Relisted — Greater Alabama MLS
• 2022-07-14 Pending — Greater Alabama MLS
• 2022-07-06 Listed $150,000 Greater Alabama MLS
• 2022-04-11 Sold (Public Records) $1,973,000 Public Records
• 2021-09-15 Sold (Public Records) $156,000 Public Records
• 2021-09-13 Sold (MLS) $156,000 Greater Alabama MLS
• 2021-08-10 Delisted — Greater Alabama MLS
• 2021-08-10 Listed $159,900 Greater Alabama MLS
• 2021-08-06 Coming Soon $159,900 Greater Alabama MLS

Property tax history

+3.8%/yr

Latest (2025): $677 · -49.0% YoY. Source: county tax records.