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$230,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
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Excellent Investment Opportunity with Two Income-Producing Properties! Expand your real estate portfolio with this versatile property featuring two rental homes, or live in one and rent the other for additional income. Located in a quiet small-town setting, these easy-to-manage rentals currently generate a combined monthly rental income of $1,725, with the 2-bedroom, 1-bath home renting for $800 per month and the 2019 3-bedroom, 2-bath single-wide mobile home renting for $925 per month. Current gross annual rental income: $20,700. The 1,055± SF house is situated on a desirable corner lot, while the 1,176± SF 2019 single-wide mobile home is tucked behind a natural tree line for added privacy and features a covered back deck--perfect for relaxing and enjoying the peaceful surroundings. Conveniently located approximately one hour from Panama City, the Gulf Coast beaches, Pier Park, and Northwest Florida Beaches International Airport. The property also offers easy access to Calhoun Liberty Hospital in Blountstown, shopping at Walmart and Lowe's in Marianna, and the Chipola River boat ramp for boating, fishing, and other outdoor recreation. Whether you're looking to grow your investment portfolio or enjoy the flexibility of living in one home while generating rental income from the other, this property offers outstanding value and potential.

Full Property Details for 15503 NW Chipola St #15953

General

  • Price: $230,000
  • Taxes: $1,074 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 793072
  • Updated: 8/25/2026
  • Added to Site: 59 day(s) ago

Interior

  • Number of Rooms: 5
  • Appliances: Electric Range

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Porch/Patio/Deck: Covered, Porch

Location

  • County: Calhoun
  • Subdivision: No Named Subdivision
  • Driving Directions: In Altha to 15503 on Main St (Hwy 71), Turn West on Chipola St. The property is located on the corner of Chipola St & 5th. and to 15953 - Hwy 71 into Altha. Turn EAST on Chipola St (Altha Diner on the corner). Property will be on the RIGHT just past Evans St.

School Information

  • Elementary School: Altha Public
  • Middle School: Altha Public
  • High School: Altha Public

Community

  • Community Name: 06 - Calhoun County

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Electricity Available

Structural Information

  • Architectural Style: Country
  • Construction: Wood Siding, Wood Frame
  • Roof: Metal
  • Sq. Ft. Source: Appraiser
  • Year Built: 1954

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810
  • Lot Size: .34
  • Lot Dimensions: 100 x 150 and 100 x 144
  • Frontage: City Street
  • Lot Features: Paved
  • Land Lease Avail: Yes
  • Zoning: City
  • Fencing (Description): Partial

Financial Considerations

  • Tax Amount: $1,074
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: Legal Descriptions for both homes. Legal for 15503 - Parcel 15-2N-09-0800-000G-0300 LOTS 3-4 BLK G RICHARDS SUBD OR 97-245, 103-686, (UR WILL) OR 270-125, 431-376, 438-406, 460 -652, 493-710 and Legal for 15953 Parcel 15-2N-09-0800-0011-0200 64FT ON E END OF LOTS 1 & 2, ALSO 36FT ON W END OF LOTS 7 & 8 ALL IN BLK 11 TOWN OF ALTHA (RICHARDS) OR 77-192, 46 8-593
  • Property ID: 15-2N-09-0800-000G-0300

Listed by American Gold Realty

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Listing agent

— 15503 NW Chipola St #15953 —

  • American Gold Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15503 NW Chipola St #15953

School District:Calhoun County School District, Clarksville, FL
NameGradesDistance
Altha Public School
25820 Fuqua Circle, Altha, FL 32421
K-120.4 mi
Blountstown High School
18597 Ne Sr 69, Blountstown, FL 32424
9-128.7 mi
Carr Elementary & Middle School
18987 Nw Sr 73, Clarksville, FL 32430
PK-88.8 mi
Blountstown Middle School
17586 Main Street North, Blountstown, FL 32424
6-89.8 mi
Blountstown Elementary School
20883 Fuller Warren Drive, Blountstown, FL 32424
PK-59.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15503 NW Chipola St #15953 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2026
Price Reduced
$230,000
-4.17%
MLS
7/24/2026
Listed
$240,000
182.35%
MLS
4/26/2023
Sold
$85,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15503 NW Chipola St #15953

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,074
—
$70,920
4%
2024
$1,074
31%
$67,990
26%
2023
$821
19%
$54,025
23%
2021
$692
-11%
$44,052
-17%
2022
$777
12%
$52,984
20%
2021
$692
13%
$44,336
16%
2019
$611
-8%
$38,309
-10%
2017
$663
—
$42,648
6%
2017
$663
-2%
$40,374
-1%
2016
$675
-2%
$40,597
—
2015
$688
-1%
$40,589
—
2014
$694
-5%
$40,589
-6%
2013
$729
—
$43,134
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 15503 NW Chipola St #15953

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by American Gold Realty

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Listed by Sea Crest Real Estate, Inc.
Sold by Sea Crest Real Estate, Inc.

15503 NW Chipola Street #15953, Altha, FL 32421 (MLS# 793072) is a Single Family property with 5 bedrooms and 3 full bathrooms. 15503 NW Chipola Street #15953 is currently listed for $230,000 and was received on July 24, 2026. Want to learn more about 15503 NW Chipola Street #15953? Do you have questions about finding other Single Family real estate for sale in Altha? You can browse all Altha real estate or contact a Coldwell Banker agent to request more information.

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