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    Florence, AL
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    Florence, AL Apartment Buildings for Sale

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    Muscle Shoals, AL Sheffield, AL Killen, AL Rainbow City, AL Tuscumbia, AL San Fernando, CA Cherokee, AL Gadsden, AL
    Five-Unit Apartment Building with Detached Garage
    Updated: May 14
    Five-Unit Apartment Building with Detached Garage

    727 Sherrod Avenue, Florence, AL 35630

    $300,000
    3,300 sqft 0.17 AC lot
    Five‑unit apartment building at 727 Sherrod Avenue in Florence, AL
    Four one‑bedroom, one‑bath units plus one two‑bedroom, one‑bath unit
    3 units currently occupied; 2 units recently fully redone and rent‑ready
    Newer roof and detached garage for storage or additional income
    0.17 acres and 3,300 SF total size
    View details
    Student Housing Investment Opportunity
    Updated: Nov 21, 2025
    Student Housing Investment Opportunity

    Nellie Ave, Florence, AL 35630

    Contact for pricing
    80,000 sqft
    Master Lease with University of North Alabama (UNA) until 2032: UNA handles leasing, collections, and maintains minimum 85% occupancy.
    Recently Renovated and Fully Furnished**: Minimizing capital expenditure and maximizing appeal.
    Strong University and Area Growth: Indicating sustained demand for student housing.
    Stable Cash Flow: The master lease structure with UNA and high occupancy rates contribute to predictable financial performance.
    Rental Rate Control: The owner sets rental rates annually with board approval.
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    University-Leased Student Housing Portfolio
    University-Leased Student Housing Portfolio

    748 Nellie Ave, Florence, AL 35630

    Contact for pricing
    5.70 AC lot

    Stabilized, master-leased student housing portfolio adjacent to the University of North Alabama.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 3 Active listings in Florence, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    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.

    View details
    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.

    View details
    12-Unit Apartment Community with Brick
    12-Unit Apartment Community with Brick

    12055 Lawngate Road, Athens, AL 35611

    Contact for pricing
    14,060 sqft

    Heritage Landings is a 12-unit multifamily community featuring mostly brick buildings and a tar-and-gravel pitched roof.

    View details
    84-Unit Apartment Community
    84-Unit Apartment Community

    18103 Mae Cir, Athens, AL 35611

    Contact for pricing

    Townhome-style residences offer multiple bedroom layouts, private garages, covered patios, and designated parking.

    View details

    Off-Market Properties in Florence, AL

    Consider similar Off-Market properties in Florence, 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.

    213 Allen Ct
    GARDEN APT, COURT APT (5+ UNITS)

    213 Allen Ct, Florence, AL 35630-1471

    $245,000
    Estimated value
    1,866 sqft 0.18 AC lot
    View details
    229 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    229 Hillsboro Cir, Florence, AL 35630-6201

    $160,000
    Estimated value
    2,151 sqft 0.14 AC lot
    View details
    227 Westmeade Ct
    GARDEN APT, COURT APT (5+ UNITS)

    227 Westmeade Ct, Florence, AL 35630-6703

    $245,000
    Estimated value
    1,906 sqft 0.20 AC lot
    View details
    207 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    207 Wesley Ct, Florence, AL 35630-1486

    $225,000
    Estimated value
    1,786 sqft 0.10 AC lot
    View details
    122 Silver Leaf Ln
    APARTMENT HOUSE (5+ UNITS)

    122 Silver Leaf Ln, Florence, AL 35633-4341

    $305,000
    Estimated value
    0.20 AC lot
    View details
    223 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    223 Hillsboro Cir, Florence, AL 35630-6201

    $190,000
    Estimated value
    1,769 sqft 0.20 AC lot
    View details
    203 William Ct
    GARDEN APT, COURT APT (5+ UNITS)

    203 William Ct, Florence, AL 35630-1437

    $200,000
    Estimated value
    1,527 sqft 0.19 AC lot
    View details
    216 Westmeade Ct
    GARDEN APT, COURT APT (5+ UNITS)

    216 Westmeade Ct, Florence, AL 35630-6704

    $250,000
    Estimated value
    1,959 sqft 0.21 AC lot
    View details
    241 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    241 Hillsboro Cir, Florence, AL 35630-6201

    $190,000
    Estimated value
    1,527 sqft 0.16 AC lot
    View details
    205 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    205 Wesley Ct, Florence, AL 35630-1486

    $260,000
    Estimated value
    2,108 sqft 0.14 AC lot
    View details
    277 Woodcastle Dr
    GARDEN APT, COURT APT (5+ UNITS)

    277 Woodcastle Dr, Florence, AL 35630-6203

    $1,165,000
    Estimated value
    1,811 sqft 0.17 AC lot
    View details
    207 Allen Ct
    GARDEN APT, COURT APT (5+ UNITS)

    207 Allen Ct, Florence, AL 35630-1471

    $180,000
    Estimated value
    1,701 sqft 0.23 AC lot
    View details
    215 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    215 Wesley Ct, Florence, AL 35630-1486

    $220,000
    Estimated value
    1,695 sqft 0.23 AC lot
    View details
    211 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    211 Wesley Ct, Florence, AL 35630-1486

    $180,000
    Estimated value
    1,525 sqft 0.13 AC lot
    View details
    209 Allen Ct
    GARDEN APT, COURT APT (5+ UNITS)

    209 Allen Ct, Florence, AL 35630-1471

    $195,000
    Estimated value
    1,563 sqft 0.17 AC lot
    View details
    221 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    221 Hillsboro Cir, Florence, AL 35630-6201

    $230,000
    Estimated value
    1,769 sqft 0.18 AC lot
    View details
    209 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    209 Wesley Ct, Florence, AL 35630-1486

    $195,000
    Estimated value
    2,034 sqft 0.30 AC lot
    View details
    203 Allen Ct
    GARDEN APT, COURT APT (5+ UNITS)

    203 Allen Ct, Florence, AL 35630-1471

    $170,000
    Estimated value
    1,607 sqft 0.21 AC lot
    View details
    267 Woodcastle Dr
    GARDEN APT, COURT APT (5+ UNITS)

    267 Woodcastle Dr, Florence, AL 35630-6203

    $125,000
    Estimated value
    1,388 sqft 0.13 AC lot
    View details
    201 William Ct
    GARDEN APT, COURT APT (5+ UNITS)

    201 William Ct, Florence, AL 35630-1437

    $220,000
    Estimated value
    1,485 sqft 0.20 AC lot
    View details
    265 Woodcastle Dr
    GARDEN APT, COURT APT (5+ UNITS)

    265 Woodcastle Dr, Florence, AL 35630-6203

    $1,200,000
    Estimated value
    1,406 sqft 0.08 AC lot
    View details

    Florence, AL Apartment Buildings Market Trends and Statistics

    Explore 55 apartment buildings for sale in Florence, AL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 83,300 square feet of properties for sale, with an estimated market value of $300,000.

    Sale prices for two-family homes in Florence, AL average $300,000 — 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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    Demographics Overview

    Population 65K
    Population Growth (5Y) +1.2%
    Median Household Income $55,460
    College Educated 23.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    35630 $300K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lauderdale County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lauderdale County

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    • 35630

    Featured Florence Real Estate Agencies

    Realmo connects you with licensed Florence CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    The Agency on Pine
    417 North Pine Street Florence, AL 35630
    Phone: 12566485922
    judyyoung.net
    Neese Real Estate
    101 S. Court St Florence, AL 35630
    Phone: 12567677000
    www.shirleyneese.com

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