budget Aliceville Alabama home under 150,000
$
130,000
← Back to Latest Deals
Aliceville, Alabama
517 5th St SE
4
Beds
2
Baths
1544
Sq Ft
1970
Built

Acreage

Family-Built 1970 Aliceville Home, 0.85 Acres, Powered Outbuildings — $130,000

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%74BR/2BA, 1544 sqft, 0.85 acres (two parcels), powered outbuildings, corner lot
Condition25%7Metal roof ~10yr, 3yr water heater, annually serviced HVAC, reinforced slab; move-in ready
Price / Sq Ft15%2Listing $84/sqft vs zip median $40/sqft — listing is 110% above median; thin data noted
Price vs. Market5%3$130K vs zip median $112,951 — listing is ~15% above median sale price
Market Conditions5%8DOM 48 vs median 25; sale-to-list 91.6% and 56.6% price drops — clear buyer's market

The thing that stands out first is the land. Two parcels, 0.85 acres total, both included in the sale, on a corner lot across from Aliceville High School. For a four-bedroom house at this price, that's a lot of ground. The outbuildings are powered, which means actual usable space for a workshop, storage, or whatever you need covered and wired.

The house itself is 1,544 square feet, built in 1970 by the original owner's father, and stayed in that family ever since. Single-family ownership from day one tends to mean something in how a place gets treated, and the condition data backs that up here. Metal roof put on about ten years ago, water heater replaced three years ago, HVAC serviced every year, reinforced slab and roof trusses. Someone was paying attention. The agent description calls it spotless, which is sales language, but the maintenance record gives it something to stand on.

Inside, birch paneling throughout, which is period-appropriate and either works for you or it does not. The fourth bedroom is currently set up as a walk-in closet, so functionally you're walking into a three-bedroom house, but the room converts back without any real construction.

Now, the price. This is where you need clear eyes. At $130,000, the listing comes in about 15% above the zip code's median sale price, and the price per square foot is roughly double what the zip median shows. Aliceville is a thin data market, so those numbers carry less weight than they would in a high-volume area, but you are paying above the local average, and similar properties here have been selling at about 91 cents on the dollar with a meaningful share seeing price reductions. That's a buyer's market, and this listing has been sitting for 48 days.

What the price gets you is a solid, well-maintained house with nearly an acre of land, powered outbuildings, and a roof and mechanicals you probably won't touch for years. Four bedrooms, a corner lot, room to spread out. For a family that wants space and a house that won't need immediate work, this is worth a serious look with a realistic offer.

View on Realtor.com

See Photos, Map & Full Details

Full listing details, agent contact, and mortgage calculator
View Full Listing →
Opens on Realtor.com · Free to view