$1,980,000
28 Beds
15,688 sqft (on 1 acre)
514 E Elm St, Troy, AL 36081
Est. Mortgage $10,795/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 95% nearby.
Home Highlights
Multi-Family
Built in 2013
1 acre lot
$126/sqft
2 Parking Spaces
Local Information
- Map ViewExplore the area around 514 E Elm St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Investment opportunity in Troy, Alabama featuring a well-maintained 28-unit apartment community consisting entirely of approximately 600-SF one-bedroom units. Built in 2013, the property offers attractive newer construction, brick exterior construction, covered entryways, exterior stairways and balconies, dedicated parking, and strong current occupancy of approximately 96%.
Last check for updates: about 20 hours ago
Listing courtesy of Adam Drinkwater
Landmark Realty
Source: Pike County BOR, MLS#30901
We estimate this home will sell faster than 95% nearby.
Home Details for 514 E Elm St
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Beds & Baths Number of Bedrooms: 28 |
Dimensions and Layout Living Area: 15688 Square Feet |
Appliances & Utilities Appliances: One Bedroom (Refrigerator), One Bedroom (Range), One Bedroom (Dishwasher), One Bedroom (Disposal)DishwasherLaundry: One Bedroom (W/D Hookup) |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Ceramic Tile |
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Exterior Home Features Roof: Asphalt |
Parking & Garage No GarageNo Attached GarageParking Spaces: 2Parking: Two Cars/Unit |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 2 |
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Year Built Year Built: 2013 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick |
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Price List Price: $1,980,000Price Per Sqft: $126 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: TROY |
School Information Elementary School: TroyJr High / Middle School: Charles HendersonHigh School: Charles Henderson |
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Listing Agent Listing ID: 30901 |
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Building Area Building Area: 15688 Square Feet |
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Lot Area: 1 Acres |
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Owner Pays: Trash Collection, Management, Grounds Care |
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Mls Number: 30901 |
Around this home
What Locals Say about Troy
At least 31 Trulia users voted on each feature.
87 % Say car is needed
82 % Say there's holiday spirit
81 % Say parking is easy
70 % Say yards are well-kept
68 % Say it's dog friendly
57 % Say it's quiet
55 % Say streets are well-lit
49 % Say kids play outside
46 % Say people would walk alone at night
45 % Say there's wildlife
44 % Say it's walkable to restaurants
44 % Say neighbors are friendly
35 % Say there are sidewalks
35 % Say they plan to stay for at least 5 years
30 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Troy
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
132
7MoM
Home Value
Trulia Estimate
$1.07MSince last month
Decreased$146K (-11.9%)Since last year
Decreased$99K (-8.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +25% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.08M |
| August 2026 | $1.07M |
| July 2026 | $1.22M |
| June 2026 | $1.21M |
| May 2026 | $1.32M |
| April 2026 | $1.19M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.66 | Multi-Family Home | $125,000 | 08/17/26 | 8 | 7 | 4,200 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $15,000 | Studio | - | - | For Sale | |
0.09 | $683,000 | 16 | 24 | 3,200 | Off Market | |
0.13 | - | 3 | 2 | 1,216 | Off Market | |
0.16 | $165,000 | 3 | 3 | 1,258 | Recently Sold | |
0.18 | $165,000 | 3 | 3 | 1,258 | Recently Sold | |
0.18 | $180,500 | 3 | 3 | 1,258 | Off Market | |
0.18 | $176,100 | 3 | 3 | 1,258 | Off Market | |
0.18 | $169,100 | 3 | 7.5 | 1,258 | Off Market | |
0.18 | $164,000 | 3 | 3 | 1,258 | Recently Sold | |
0.22 | $167,500 | 4 | 2.5 | 4,110 | For Sale | |
0.20 | $180,900 | 3 | 3 | 1,568 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 3, 2026 Source: Pike County BOR #30901 | Listed For Sale | $1,980,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,802 | $1,388,860 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Adam Drinkwater, Landmark Realty
Copyright Pike County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 514 E Elm St
- What is the estimated monthly payment for 514 E Elm St?Based on a $1,980,000 list price with 20% down at today's rates, the estimated monthly payment for 514 E Elm St in Troy, AL is approximately $10,999 (about $10,478 principal & interest, $446 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Troy?Residents describe Troy, AL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Troy, AL.
- What are the closest schools to 514 E Elm St?The closest schools to 514 E Elm St in Troy, AL are Charles Henderson High School (rated 5/10), Charles Henderson Middle School (rated 6/10), Troy Elementary School (Pre-K, rated 8/10).
- What is 514 E Elm St estimated to be worth?Trulia's estimated value for 514 E Elm St in Troy, AL is $1,073,500.
- Does 514 E Elm St have air conditioning?Yes, 514 E Elm St in Troy, AL has air conditioning.
- Does 514 E Elm St have laundry facilities?Yes, 514 E Elm St in Troy, AL has laundry facilities.
514 E Elm St, Troy, AL 36081 is a 28 bedroom, 15,688 sqft multi-family built in 2013. This property is currently available for sale and was listed by Pike County BOR on Sep 3, 2026. The MLS # for this home is MLS# 30901.