Investment Property for Sale – Full Reconstruction Opportunity For-sale investment property with gas, water, and electricity available. Ideal opportunity for investors or developers seeking a full reconstruction project with existing utility connections in place. Strong potential for redevelopment and value appreciation.
For sale
$34,500
155 Rae St, Margaret, AL 35120
2beds
1,300sqft
Est.:
Single Family Residence
Built in 1930
1.1 Acres Lot
$-- Zestimate®
$27/sqft
$-- HOA
What's special
- 8 days |
- 597 |
- 26 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: 12 hours ago
Listed by:
JD Durham 205-914-6742,
Lokation Real Estate LLC
Source: GALMLS,MLS#: 21440205
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom, Den/Family (ROOM), Bathroom
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bathroom 1
- Level: First
Family room
- Level: First
Basement
- Area: 0
Heating
- None
Cooling
- None
Appliances
- Included: None, Electric Water Heater
- Laundry: Electric Dryer Hookup, Floor Drain, Main Level, Other, Yes
Features
- None, High Ceilings, Tub/Shower Combo
- Flooring: Hardwood
- Basement: Crawl Space
- Attic: Pull Down Stairs,Yes
- Has fireplace: No
Interior area
- Total interior livable area: 1,300 sqft
- Finished area above ground: 1,300
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered (DECK), Deck
- Exterior features: None
- Pool features: None
- Has view: Yes
- View description: None
- Waterfront features: No
Lot
- Size: 1.1 Acres
Details
- Parcel number: 1609310003014.000
- Special conditions: As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Other
- Water: Public
Community & HOA
Community
- Subdivision: Margaret
Location
- Region: Margaret
Financial & listing details
- Price per square foot: $27/sqft
- Tax assessed value: $40,710
- Annual tax amount: $293
- Price range: $34.5K - $34.5K
- Date on market: 1/8/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,268/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Listed for sale | $34,500+187.5%$27/sqft |
Source:  GALMLS #21440205 Report a problem | ||
| 7/7/2017 | Sold | $12,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $293 | $8,140 |
| 2023 | $293 +23% | $8,140 +23% |
| 2022 | $238 +14.1% | $6,620 +14.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$158/mo
Principal & interest
$134
Home insurance
$12
Property taxes
$12
Climate risks
Neighborhood: 35120
Nearby schools
GreatSchools rating
- 9/10Margaret Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 2/10Odenville Middle SchoolGrades: 6-8Distance: 4.5 mi
- 7/10Saint Clair Co High SchoolGrades: 9-12Distance: 6.1 mi
Schools provided by the listing agent
- Elementary: Margaret
- Middle: Odenville
- High: St Clair County
Source: GALMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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