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Occupied Quadplex
For Sale
$299,900

1002 S 10TH STREET, Gadsden, AL 35901

MULTI_FAMILY - GADSDEN, AL

Property SizeContact for details
Days on Market91

Property Features for 1002 S 10TH STREET

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision GADSDEN
Elementary school STRIPLIN
Middle school GADSDEN
High school GADSDEN CITY
Directions Follow US-431 to N 9th St. Continue on N 9th St. Take S 11th St to S 10th St.
Standard status Active
APN 15-02-09-2-000-131.000

Taxes and HOA fees

Tax Description H/S BASE YEAR - BEG SW COR LOT 12 TH N 116.5' TH E 123.8' TH S 10.5' TH W 129.2' BLK 3 RICHARDSON SUB PLAT A 165 GADSDEN 9-12-6 1151-75,1388-357,D-2000-0833,D-2001-1649,D-2020-3512212
Legal Description H/S BASE YEAR - BEG SW COR LOT 12 TH N 116.5' TH E 123.8' TH S 10.5' TH W 129.2' BLK 3 RICHARDSON SUB PLAT A 165 GADSDEN 9-12-6 1151-75,1388-357,D-2000-0833,D-2001-1649,D-2020-3512212

Utilities

Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1940
Number of units 4
Flooring type Laminate, Tile, Vinyl, Hardwood
Building materials Siding
Listing Agency: Precise Real Estate LLC
Listed By: Chris Lindsey
Added: May 8 Changed: Aug 5 Last Checked: Aug 6 at 8:06AM
MLS# 21452437

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This occupied quadplex contains four residential units and was built in 1940. Interior finishes include laminate, tile, vinyl, and hardwood flooring, while electric systems provide both heating and cooling. The building has siding construction and is connected to a public water source.

The property is located in Gadsden, Alabama, near shopping, dining, schools, and major roadways. Existing occupancy and established tenants provide an operating income-property profile for an owner evaluating a multifamily acquisition.

Key Highlights

  • Four residential units in one quadplex
  • Occupied property with established tenants in place
  • Built in 1940

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

754
Businesses Nearby

Demographics for 35901, AL

18,671
Population
9,075
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
59.2 sq mi
ZIP Area
315
Density / Sq Mi
$47,826
Median Household Income
$30,212
Median Earnings
$747
Median Rent
$174,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property with tenants in place and public water service.
Where is this quadplex located?
The property is located at 1002 S 10TH STREET Gadsden, AL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Four residential units in one quadplex; Occupied property with established tenants in place; Built in 1940
More about this property
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