220 County Road 401 Elba, AL $ 390,000
220 County Road 401
$ 390,000
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220 County Road 401

Elba, AL, 36323
$ 390,000
Baths0.0

Monthly Estimate*

$ 2,433

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Studio

Multi-Family Home for sale in Elba, AL

for $390,000.

Don’t miss this fantastic opportunity to own a well-established mobile home park offering excellent income potential and room for growth! This property includes: 9 Mobile Homes and 1 Single-Family House– providing consistent rental income Mature Pecan Trees – adding beauty and charm to the property Available Lots – space to add more mobile homes and increase revenue 2.74 acres total. The site is outside the City Limits and not zoned! The park is well-maintained with open green spaces, established landscaping, and utility hookups in place. Located on a quiet street with easy access to local amenities and major roadways, this property is ideal for investors looking to expand their portfolio or those seeking passive income with long-term upside. The combination of current cash flow and development potential makes this property a rare find. Don’t wait—opportunities like this don’t last long!

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Multi-Family Active

Price

$ 390,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

One Story

Town/City

Elba

County/Region

Coffee

MLS | Web ID

554101

Features
Interior
Interior Amenities KitchenDiningCombo
Flooring Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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General
Sewer PublicSewer
Heating SpaceHeater
Cooling WindowUnits
Utilities CableAvailable
Possession CloseOfEscrow
Appliances ElectricWaterHeater
Architectural Style OneStory
Construction Materials MetalSiding
Stories Count 1
Levels One
County Coffee
Net Operating Income 43000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Follow US-84 W to Elba; Take AL-87 S to Old Samson Rd (County Road 401)
City Elba
Senior Community Y/N N
Number Of Units Total 10
MLS Area 221 Elba
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Wiregrass Board of REALTORS
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Leasehold Rent $/Mo 4950.0
Legal Description BEG AT INT OF S L OF SEC 21 & W ROW OF SAMSON HWY NELY 703 ALG HWY NWLY 210 TO POB. TH SWLY 121 NWLY 182 NELY 109.5 NELY 11.5 SELY 182 TO POB
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Exterior
Parking Features Driveway Gravel SharedDriveway
Lot Features OutsideCityLimits
Water Source Public
Spa N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 220
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* Excluded Features
List By
1St Class Real Estate Wiregrass

Broker

Meganb@1stclassre.com

Email

Affordability Calculator

$2,433
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,433
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4413863 Elementary School
4413741 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$390,000 -2.50% Price Down
6/24/2025$400,000 Listed Price

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220 County Road 401, Elba, AL, 36323 is a Multi-Family Home for sale at $390,000. 220 County Road 401 is a studio with 0.0 baths. The property's zip code is 36323 which is in Elba, AL