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Arab, AL

Apartment Building

Arab, AL Apartment Buildings for Sale

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Guntersville, AL Joppa, AL Union Grove, AL Holly Pond, AL Baileyton, AL Blountsville, AL Cullman, AL Somerville, AL

Mixed-Use Asset in Downtown Arab

Updated: Nov 21, 2025

Mixed-Use Asset in Downtown Arab

31 NW 8th St, Arab, AL 35016

$1,400,000

17,561 sqft

Mixed‑use asset offering both residential and commercial income streams. Features 12 apartment units and 13 office/storefront spots.
Located in the heart of downtown Arab, Alabama's central business district. Enjoy a walkable downtown street location.
Benefit from proximity to the fast‑growing market of Huntsville, Alabama.
Diverse apartment unit mix includes 1, 2, 3, and 4‑bedroom options.
Office/storefront spots offer approximately 795 square feet of space each.

This listing looks promising.

Here's a quick look at some key insights for

31 NW 8th St, ARAB, AL 35016

View Property Analytics

Est. Cap Rate

7%
Above avg (5.9%)
Est. NOI

$98K
Annual
Price @ 7% Cap

$1.41M
Above asking
Last Sold

Nov 2021
$350K
Property Type

Apartment House
Built 1986

View Property Analytics

Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 1 Active listings in Arab, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Property with Triplex

Multifamily Property with Triplex

156-A Dudley Lane, Owens Cross Roads, AL 35763

$585,000

3,588 sqft 2.40 AC lot

Five fully occupied units on a 2.4-acre lot, including two standalone 2BR/1BA units and a three-unit triplex.

8-Plex Multifamily Building

8-Plex Multifamily Building

2704 Lantern Walk SE, Huntsville, AL 35803

$625,000

4,630 sqft 0.38 AC lot

8-plex offers four one-bedroom units and four studios, with separate utility meters and three units currently occupied.

Multi-Family Property on Large Lot

Multi-Family Property on Large Lot

156-A Dudley Lane, Owens Cross Roads, AL 35763

$585,000

2.40 AC lot

Five-unit multi-family property on 2.4 acres, fully occupied.

Nine-Unit Condo Investment Portfolio

Nine-Unit Condo Investment Portfolio

2225 Golf Road 101, Huntsville, AL 35802

$599,900

Nine condo units for sale as a rental investment portfolio.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Asheville Development Opportunity: 5.94 Acres

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

Greenville Development Opportunity: 1.33 Acres

Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

Ocean Springs Highway 90 Land

Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

Retail-Zoned Development Land Opportunity

Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

Off-Market Properties in Arab, AL

Consider similar Off-Market properties in Arab, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

31 8th NW St

APARTMENT HOUSE (UNDER 5 UNITS)

31 8th NW St, Arab, AL 35016-1882

Value Estimation by Request

2,592 sqft 1.20 AC lot

1057 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

1057 Main St, Arab, AL 35016-1075

$825,000

Estimated value

7,752 sqft 2.00 AC lot

104 1st NE Ave

APARTMENT HOUSE (UNDER 5 UNITS)

104 1st NE Ave, Arab, AL 35016-1251

$2,465,000

Estimated value

5,712 sqft 23.37 AC lot

554 4th SE St

APARTMENT HOUSE (UNDER 5 UNITS)

554 4th SE St, Arab, AL 35016

Value Estimation by Request

1,144 sqft 9.44 AC lot

141 2nd SE St

APARTMENT HOUSE (UNDER 5 UNITS)

141 2nd SE St, Arab, AL 35016-1406

Value Estimation by Request

4,482 sqft 0.57 AC lot

4th NW St

APARTMENT HOUSE (UNDER 5 UNITS)

4th NW St, Arab, AL 35016

Value Estimation by Request

3,088 sqft 0.50 AC lot

110 8th NW St

APARTMENT HOUSE (UNDER 5 UNITS)

110 8th NW St, Arab, AL 35016-1865

Value Estimation by Request

5,544 sqft 2.40 AC lot

110 8th NW St

APARTMENT HOUSE (UNDER 5 UNITS)

110 8th NW St, Arab, AL 35016-1865

$665,000

Estimated value

7,392 sqft 5.00 AC lot

570 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

570 Main St, Arab, AL 35016-1560

Value Estimation by Request

1,075 sqft 8.04 AC lot

830 Cullman Rd

APARTMENT HOUSE (UNDER 5 UNITS)

830 Cullman Rd, Arab, AL 35016-1875

$625,000

Estimated value

7,072 sqft 3.26 AC lot

720 Cullman Rd

APARTMENT HOUSE (UNDER 5 UNITS)

720 Cullman Rd, Arab, AL 35016-1885

Value Estimation by Request

2,240 sqft 13.90 AC lot

3rd SE St

APARTMENT HOUSE (UNDER 5 UNITS)

3rd SE St, Arab, AL 35016

Value Estimation by Request

5,152 sqft 1.87 AC lot

3rd SE St

APARTMENT HOUSE (UNDER 5 UNITS)

3rd SE St, Arab, AL 35016

$585,000

Estimated value

6,808 sqft 1.97 AC lot

817 2nd NW Ave

APARTMENT HOUSE (UNDER 5 UNITS)

817 2nd NW Ave, Arab, AL 35016-1850

$2,265,000

Estimated value

43,040 sqft 5.20 AC lot

104 1st NE Ave

APARTMENT HOUSE (UNDER 5 UNITS)

104 1st NE Ave, Arab, AL 35016-1251

Value Estimation by Request

6,284 sqft 0.34 AC lot

100 1st NE Ave

APARTMENT HOUSE (UNDER 5 UNITS)

100 1st NE Ave, Arab, AL 35016-1283

Value Estimation by Request

1,901 sqft 0.28 AC lot

Arab, AL Apartment Buildings Market Trends and Statistics

Explore 17 apartment buildings for sale in Arab, AL on our real estate platform. These investment opportunities span a total of 17,561 square feet of properties for sale, with an estimated market value of $1,400,000.

Sale prices for two-family homes in Arab, AL average $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Map

Demographics Overview

Population 17K

Population Growth (5Y) +8.2%

Median Household Income $60,910

College Educated 29.4%

High-Yield Neighborhoods for Investment

Identify Arab submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
35016	$1.3M

Taxes & Financing

Tax Rate (average for all types) 3.54%

Property Tax per SF $87.21 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marshall County

New Delisted

Total CRE Inventory on Market (SF)

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