4 Units*High Rents*Great House Hack Live In One Unit, Qualify for 30 Year Fixed Rate Mortgage As Owner Occ, & Collect Rent On Other 3 Units!*7.6% CAP RATE INVESTORS!*Madison School District Including Bob Jones HS*All 2 Bedroom, 2 Full Bathroom Units with Open Floor Plans*Every Unit With Private Balconies/Decks - Separate Storage Units With Each Unit*Plenty of Off Street Parking*Open Floor Plan*Full Kitchens*Spacious Bedrooms*Walk In Closets*Double Pane Windows*Large Kitchens with Dishwashers, Refrigerators, Stove/Range/Ovens, Range Hoods*3 Units Have Been Updated*1 Unit Fixer (But Occupied)*Washers/Dryer Hookups*W/D Machines in Most Units
Sold for $580,000
$580,000
351 Gillespie Rd, Madison, AL 35758
--beds
--baths
3,694sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$157/sqft
$1,585 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,585/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$1,585/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$1,585/mo
Rent Zestimate®
Refinance and save
$3,152/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$3,152/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: November 13, 2025 at 10:39am
Listed by:
Carrie Blair 720-840-8606,
Carrie Blair
Bought with:
Tony Sanchez, 134768
Weichert Realtors-The Sp Plce
Source: ValleyMLS,MLS#: 21897632
Facts & features
Interior
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Oven, Refrigerator, Dishwasher, Washer, Dryer, Gas Water Heater
- Laundry: Individual Laundry
Features
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 3,694
- Total interior livable area: 3,694 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway-Paved/Asphalt
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 0.30 Acres
Details
- Parcel number: 1603051002001000
- Zoning description: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Madison
- Subdivision: Rolling Wood
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $580,000-3.3%$157/sqft |
Source:  ValleyMLS #21897632 Report a problem | ||
| 10/13/2025 | Pending sale | $599,900$162/sqft |
Source: ValleyMLS #21897632 Report a problem | ||
| 9/25/2025 | Contingent | $599,900$162/sqft |
Source: ValleyMLS #21897632 Report a problem | ||
| 8/26/2025 | Listed for sale | $599,900-26.3%$162/sqft |
Source: ValleyMLS #21897632 Report a problem | ||
| 2/25/2019 | Listing removed | $625 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,528 +3.6% | $64,880 +3.6% |
| 2024 | $4,370 | $62,600 -66.7% |
| 2023 | $4,370 +20.5% | $187,800 +261.8% |
Find assessor info on the county website
Neighborhood: 35758
Nearby schools
GreatSchools rating
- 10/10Rainbow Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 10/10Discovery Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Bob Jones High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Rainbow Elementary
- Middle: Discovery
- High: Bob Jones
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Alabama
- Madison County
- Madison
- 35758
- 351 Gillespie Rd