15503 NW Chipola Street 15953, Altha, FL 32421

New Listing
$240,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,055 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $240,000 List Date: 7/24/2026 Last Modified: 7/24/2026

Overview

Description

Attention Investors. Two Ideal rental investment properties or perfect for those looking to downsize. Easy to manage, you can Rent one and Live in One. These rentals are located in a quiet small-town setting, approximately one hour from Panama City, the beaches, Pier Park, and Northwest Florida Beaches International Airport. Centrally located with convenient access to the new Calhoun Liberty Hospital in Blountstown, Walmart and Lowe’s in Marianna, and just a short drive to the Chipola River boat ramp for boating and fishing. The 2/1 1055 sf house is at Corner lot location, and the 2019 3/2 1176 SF Single Wide Mobile home is surrounded by a thick tree line for added privacy, featuring a cozy covered deck at the back–perfect for relaxing in the outdoors. Total monthly rental income from both homes is $1,725. The house rents for $800 and the SW MH rents for $925

Listing Details MLS# 793072

Contract Info

List Price/SqFt
227.49

Location

Area
06 – Calhoun County
Street #
15503
Street Direction
NW
Street Name
Chipola
Street Suffix
Street
Unit #
15953
State
FL
Zip Code
32421
County
Calhoun
Sub Area
0601 – Calhoun NE
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
15-2N-09-0800-000G-0300
Elementary School
Altha Public
Middle School
Altha Public
High School
Altha Public
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.
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

General Property Info

Sub-Type
Detached Single Family
Design
Country
Apx SqFt(Htd/Cooled)
1055
SqFt Source
Prop App Site
Full Baths
Yes
Total Baths
Yes
Accessory Dwelling Unit
No
Year Built
1954
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
100 x 150 and 100 x144
Acreage
0.34
Lot Size (SqFt)
14810
Pool
No

Listing Info, Tax and Legal

Homestead
No
HOA Fee
No
Is Subject Leased
Yes
Rent/Mo
1725
New Buyer Fee
No
Last Taxes
1074
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Attention Investors. Two Ideal rental investment properties or perfect for those looking to downsize. Easy to manage, you can Rent one and Live in One. These rentals are located in a quiet small-town setting, approximately one hour from Panama City, the beaches, Pier Park, and Northwest Florida Beaches International Airport. Centrally located with convenient access to the new Calhoun Liberty Hospital in Blountstown, Walmart and Lowe's in Marianna, and just a short drive to the Chipola River boat ramp for boating and fishing. The 2/1 1055 sf house is at Corner lot location, and the 2019 3/2 1176 SF Single Wide Mobile home is surrounded by a thick tree line for added privacy, featuring a cozy covered deck at the back–perfect for relaxing in the outdoors. Total monthly rental income from both homes is $1,725. The house rents for $800 and the SW MH rents for $925

Appliances

Dishwasher
Yes
Microwave
Yes
Range – Electric
Yes
Refrigerator
Yes

More Information

Construction/Siding

Wood/Frame
Yes
Roof – Metal
Yes
Siding – Wood
Yes

Existing Leases

7 – 12 Months
Yes
Month To Month
Yes

Exterior

Fenced Lot-Part
Yes
Porch Covered
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Unfurnished
Yes

Lot Features

Corner Lot
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Parking Features

Driveway
Yes

Present Zoning

City
Yes

Rooms

Bedroom
Yes
Primary Bedroom
Yes

Utilities

Public Water – Connected
Yes
Septic Tank
Yes

Accessibility Features

Accessible Approach with Ramp
Yes

Sale Type

As Is
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Property Features

Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher; Microwave; Range – Electric; Refrigerator Cooling: Central Air; Electric Heating: Central; Electric Existing Leases: 7 – 12 Months; Month To Month Exterior: Fenced Lot-Part; Porch Covered Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Lot Features: Corner Lot Lot Access: City Street; Paved Road Parking Features: Driveway Rooms: Bedroom; Primary Bedroom Sale Type: As Is Utilities: Public Water – Connected; Septic Tank

Room Information

Room Name Dimensions Length Width Remarks
Bedroom 11 x 10 11.00 10.00 15503 – House
Bedroom 11 x 10 11.00 10.00 15503 – House
Primary Bedroom 12 x 12 12.00 12.00 15953 – SW MH
Bedroom 9.1 x 8.1 9.10 8.10 15953 – SW MH
Bedroom 12.5 x 9.8 12.50 9.80 15953 – SW MH
Listing Office: American Gold Realty
Last Updated: July – 24 – 2026
Information deemed reliable but not guaranteed.