351 Gillespie Road

Off Market

351 Gillespie Road

Madison AL 35758

3694 sq. ft.

13068 sq. ft.

Multi-Family

Last sold for $580,000

Carrie Blair, last sold this property on 10 November 2025 after 75 days on market.

Overview

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

Features

4 carspaces

3694 sq. ft. floor area

13068 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Madison over the last 12 months.

Property history for 351 Gillespie Road

2025

Sold

$580,000

10 Nov 2025 by Carrie Blair, of Carrie Blair

2020

Sold

Undisclosed

12 Aug 2020

Happy sellers in Madison

84%

84% of sellers in Madison reported that their sale price either exceeded or met their price expectations.

Madison stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Madison over the last 12 months.

Local market activity for multi families in Madison

In the last 12 months, 2 multi families similar to 351 Gillespie Road, have been sold.

This represents a 25% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Madison for a market analysis.

John Wesley Brooks Family Of Realtors

at ARC Realty | Huntsville

(28 reviews)

Get a market analysis

Tony Sanchez

at Weichert Realtors-The Sp Plce

(28 reviews)

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Gena Sharpe

at Matt Curtis Real Estate, Inc.

(4 reviews)

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Marilyn Cash

at Keller Williams Madison

(8 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Madison

John Wesley Brooks Family Of Realtors

John Wesley Brooks Family Of Realtors is an award winning recommended agent for Madison. They have 6 local sales and collected 2 local reviews across the last 12 months.