5313 TERRACE AVENUE | MLS #21417217

Listing provided courtesy of Keller Williams Realty VestaviaMLS# 21417217

GREAT INVESTMENT OPPORTUNITY!!! This 3-bedroom, 2-bath single-family home is a solid investment opportunity in the heart of Fairfield. Tenant-occupied with consistent rental income, this property is perfect for investors seeking immediate cash flow with minimal upfront hassle. Currently, Section 8 is paying $750 per month, providing reliable and government-backed rental income.

Source: Greater Alabama/Birmingham MLS, MLS#: 21417217

Love this property?

Create a profile so you can receive updates on this property as soon as they happen!

Property Type

Residential
Lot

0.14 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Teresa King
Associate Broker
RE/MAX Of Orange Beach
Cell 251-554-2661

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5313 TERRACE AVENUE

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
2/24/2026Source: Greater Alabama/Birmingham MLS	Price Reduction	$69,000 -4.2%
10/1/2025Source: Greater Alabama/Birmingham MLS	Price Reduction	$72,000 -4.0%
4/28/2025Source: Greater Alabama/Birmingham MLS	Added to Database	April 28, 2025