$2,499,000
$500K PRICE DROP

1509 9th St NE Leeds, AL 35094

Estimated payment $13,719/month

Total Views 39,419
2 Beds
2 Baths
7,800 Sq Ft
$320 Price per Sq Ft

About This Home

GREAT INVESTMENT OPPORTUNITY! 11 Units that include 2 Bedrooms and 1 Bedroom Lofts located in Downtown Leeds. 7 Ground Units and 4 Upper Units Subject Property has been completely renovated down to the studs. Architectural Drawings ~ Fire Safety Drawings ~ New Wiring/Plumbing/HVAC/Hot Water Heaters Etc... Exposed Brick Walls ~ Hardwood Floors ~ High End Finishes ~ Walking Distance to Shopping,Restaurants,Entertainment etc...

Listing Agent

Laurie Burgess

Webb & Company Realty Listed on: 05/05/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1922

Home Design

  • 7,800 Sq Ft Home
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Leeds Elementary And Middle School
  • Leeds High School

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 11 Units
  • Operating Expense $12,212

Listing and Financial Details

  • The owner pays for trash collection (owner)

Property Details

Home Type

Condominium

Year Built

Built in 1922

Lot Details

0 Sq Ft Lot

Listing Details

  • Living Area: 7800
  • Property Type: Residential Income
  • Flood Plain: N
  • Year Built: 1922
  • Property Sub Type: Apartment
  • Co List Office Mls Id: WEBB
  • Directions: Ashville Road to 9th Street
  • Year Built Details: Existing
  • SystemPrice: 2499000
  • Special Features: VirtualTour

Interior Features

  • Basement Finished: All Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Water Heater: Electric (WTRHTR)
  • Foundation Details: Slab

Utilities

  • Cooling: Central Control Air
  • Water: Public Water
  • Sewer: Connected

Schools

  • High School: LEEDS
  • Elementary School: LEEDS
  • Middle Or Junior School: LEEDS

Rental Info

  • Tenant Pays: Cable TV, Electricity, Hot Water, Water/Sewer (TENANT)

Tax Info

  • Tax District: LEEDS

Multi Family

  • Expenses: 12212
  • Number Of Units Total: 11

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,534 $139,100 -- --
2024 $4,119 $76,460 -- --
2022 $5,132 $86,540 $3,100 $83,440
2021 $5,132 $86,540 $3,100 $83,440
2020 $5,132 $86,540 $3,100 $83,440
2019 $5,132 $86,540 $0 $0
2018 $3,628 $61,180 $0 $0
2017 $3,628 $61,180 $0 $0
2016 $3,628 $61,180 $0 $0
2015 $3,628 $61,180 $0 $0
2014 $3,564 $60,100 $0 $0
2013 $3,564 $60,100 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2026 02/16/26 Price Changed $1,400 0.0% $2 / Sq Ft
01/20/2026 01/20/26 Price Changed $2,499,000 0.0% $320 / Sq Ft
01/05/2026 01/05/26 For Rent $1,200 0.0% --
05/05/2025 05/05/25 For Sale $2,999,000 0.0% $384 / Sq Ft
11/01/2023 11/01/23 Price Changed $1,200 -14.3% $2 / Sq Ft
10/03/2023 10/03/23 For Rent $1,400 -- --
Source: Greater Alabama MLS

Source: Greater Alabama MLS

MLS Number: 21417983

Greater Alabama MLS
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