Fantastic investment or flexible living opportunity in Tallassee! 2,410 sq ft of interior living space.This unique property was originally designed as a duplex and maintains entirely separate utilities for each side. Original hardwood floors and a versatile layout. Currently, the dividing wall is open, creating a spacious 2-bedroom layout. However, simply adding the wall back easily restores the property to a 4-bedroom duplex(2 bedrooms on each side) and its income-producing multi-family status. The layout includes 2 spacious kitchens, 2 laundry rooms, and separate bathrooms. This property features a new architectural shingle roof. Whether you are looking for a spacious home with an ideal in-law suite or a duplex to add to your portfolio, this property offers incredible versatility at a great value.
For sale
$194,500
505 E Roosevelt St, Tallassee, AL 36078
2beds
2,410sqft
Single Family Residence
Built in 1933
0.3 Acres Lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
New architectural shingle roofVersatile layoutOriginal hardwood floorsSeparate bathrooms
- 1 day |
- 105 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Stephanie Schulte 888-923-5547,
eXp Realty, LLC.
Source: MAAR,MLS#: 587966
Originating MLS: Montgomery Area Association Of Realtors
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- None
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Multiple Water Heaters, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup
Features
- Flooring: Vinyl, Wood
- Has fireplace: Yes
- Fireplace features: Multiple
Interior area
- Total interior livable area: 2,410 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch, Screened
- Exterior features: Porch, Storage
- Pool features: None
Lot
- Size: 0.3 Acres
- Features: City Lot, Level
- Topography: Level
Details
- Additional structures: Storage
- Parcel number: 20041830010280000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1933
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet Available
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: Tallassee
HOA
- Has HOA: No
Location
- Region: Tallassee
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $206,040
- Annual tax amount: $1,336
- Date on market: 6/23/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $194,500+199.2%$81/sqft |
Source: | ||
| 7/22/2014 | Sold | $65,000$27/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,236 | $41,200 |
| 2024 | $1,236 | $41,200 |
| 2023 | $1,236 +34.8% | $41,200 +34.8% |
| 2022 | $917 | $30,560 |
| 2021 | $917 | $30,560 |
| 2020 | $917 +32.9% | $30,560 +32.9% |
| 2018 | $690 -12.7% | $23,000 +74.2% |
| 2017 | $790 +139.4% | $13,200 +99.9% |
| 2016 | $330 +0.6% | $6,604 -89.9% |
| 2014 | $328 | $65,640 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2004 | $159 +1.8% | $7,700 +1.6% |
| 2003 | $156 | $7,580 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 36078
Nearby schools
GreatSchools rating
- 8/10Tallassee Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 8/10Southside Middle SchoolGrades: 5-8Distance: 1.1 mi
- 4/10Tallassee High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Tallassee Elementary School
- Middle: Southside Middle School,
- High: Tallassee High School
Source: MAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Alabama
- Elmore County
- Tallassee
- 36078
- 505 E Roosevelt St



