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    Colbert County, AL Apartment Buildings for Sale

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    9 properties
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    Mixed-Use Property with Apartments
    Updated: Nov 8, 2025
    Mixed-Use Property with Apartments

    310 N Montgomery Ave, Sheffield, AL 35660

    $1,075,000
    12,000 sqft
    Includes two buildings with two different established businesses.
    Four apartments, each with 2 bedrooms and 2 bathrooms.
    All four apartments are currently occupied with a waiting list.
    Built in 2014.
    Lots of unique detail.
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    This listing looks promising.

    Here's a quick look at some key insights for

    310 N Montgomery Ave, Sheffield, AL 35660

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $79K
      Annual

    • Price @ 7% Cap

      $1.13M
      Above asking

    • Last Sold

      Oct 2014
      $50K

    • Property Type

      Retail Stores
      Built 2015
    View Property Analytics
    Sheffield Multifamily Investment Opportunity
    Updated: May 27
    Sheffield Multifamily Investment Opportunity

    701 6th St, Sheffield, AL 35660

    $1,152,000
    24,680 sqft 1.49 AC lot
    Priced below tax appraisal and CBRE appraised value, offering immediate upside potential.
    Vacant 32 two‑bedroom, one‑bath units, ready for renovations.
    Excellent value‑add opportunity to reposition and maximize rental income.
    Units are approximately 975 SF each.
    Ideal project for investors.
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    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    500 Annapolis Ave, Sheffield, AL 35660

    $275,000
    3,079 sqft 0.17 AC lot

    Six-unit apartment building with separate utilities metering and recent exterior and systems upgrades.

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    Sheffield Multifamily Redevelopment Opportunity
    Sheffield Multifamily Redevelopment Opportunity

    2905 E 12th Ave, Sheffield, AL 35660

    $549,000
    1.32 AC lot

    Multifamily redevelopment with 18 renovated units, ready for completion.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Sheffield Multifamily Value-Add Opportunity
    Sheffield Multifamily Value-Add Opportunity

    3001 E 19th Ave, Sheffield, AL 35660

    $1,899,990
    3.67 AC lot

    50-unit apartment complex with value-add potential in Sheffield, Alabama.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    304 W 3rd St, Tuscumbia, AL 35674

    $340,000
    0.17 AC lot

    Five-unit income property with a roof installed in 2025 and tenant-paid utilities.

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    Mixed-Use Building with Bank History
    Mixed-Use Building with Bank History

    301 N Montgomery Ave, Sheffield, AL 35660

    $950,000
    4,863 sqft

    Historic building built in 1916, currently under renovation, sold as-is and not finished out.

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    Multifamily Townhome Redevelopment
    Multifamily Townhome Redevelopment

    2905 East 12th Avenue, Sheffield, AL 35660

    Contact for pricing
    7,110 sqft

    Redevelopment project with 18 renovated townhome-style units and separate utilities, plus additional on-site space for flexible uses.

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    32-Unit Apartment Building
    32-Unit Apartment Building

    701 W SIXTH ST, Sheffield, AL 35660

    Contact for pricing
    31,200 sqft

    Thirty-two two-bedroom, one-bath units are vacated and ready for renovation under a property sale geared to investors.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 9 Active listings in Colbert County, AL, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    Off-Market Properties in Colbert County, AL

    Consider similar Off-Market properties in Colbert County, 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.

    79 Todd Dr
    APARTMENT HOUSE (5+ UNITS)

    79 Todd Dr, Muscle Shoals, AL 35661-5803

    Value Estimation by Request
    0.49 AC lot
    View details
    500 Montgomery Ave
    Restaurants

    500 Montgomery Ave, Sheffield, AL 35660

    Value Estimation by Request
    55,305 sqft
    View details
    97 Johnson Dr
    Multifamily properties

    97 Johnson Dr, Cherokee, AL 35616

    Value Estimation by Request
    3,734 sqft 0.60 AC lot
    View details

    Colbert County, AL Apartment Buildings Market Trends and Statistics

    Explore 12 apartment buildings for sale in Colbert County, AL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 82,932 square feet of properties for sale, with an estimated market value of $6,240,990.

    Sale prices for two-family homes in Colbert County, AL start at $275,000, averaging $891,570, and reaching up to $1,899,990 — 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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