🏡 Tallassee Full Rehab Deal – Investor Special

This 3-bedroom, 2-bath single-family home in Tallassee offers a strong value-add opportunity for investors looking for a full renovation project. The property is listed on tax records as 404 5th Street, but the physical address for navigation is 404 Redden Ave.

This property will require a full rehab, but it offers significant upside. The existing garage provides an opportunity to expand the layout by enclosing it, potentially converting the property into a 4-bedroom, 2-bath home with over 2,000 sq ft of living space, greatly increasing resale or rental value.

With the right renovation plan, this property could become a large, highly desirable home in the Tallassee market.

🔑 Property Highlights:

3 bed / 2 bath

Attached One-car garage

Full rehab required
Opportunity to convert garage and expand living space
Potential to create a 4 bed / 2 bath with 2,000+ sq ft

📲 Contact Lanier at 334-201-0507 to schedule a showing.

Comps/ARV:

Estimated ARV: $150,000 (based on 1500 sqft)
Comp 1: 310 Redden sold for $133,000 @ $96/sqft and is a 3/1 1392 sqft on 10/30/2025
Comp 2: 405 4th st sold for $129,900 @ $101/sqft and is a 2/2 1284 sqft on 10/17/2025
Comp 3: 110 Ashurst Ave sold for $124,900 @ $101/sqft and is a 2/2 1233 sqft on 8/20/2025
Comp 4: 506 Lilly Ave sold for $215,000 @ $91/sqft and is a 3/1 2350 sqft on 7/31/2025