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    Selma, AL Apartment Buildings for Sale

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    Valley Grande, AL Tuskegee, AL Union Springs, AL
    Selma Multifamily Investment Opportunity
    $5,375,000
    133,710 SF
    Selma Multifamily Investment Opportunity

    1300 Cloverdale Road, Selma, AL 36703

    120-unit apartment community in Selma, Alabama, with value-add potential.
    • Significant rent growth potential: Max rents could increase GPI by 40%.
    • Value‑add opportunity due to the gap between effective and asking rents.
    • Well‑maintained, renovated LIHTC asset offering both immediate upside and long‑term value.
    • Located in Selma, AL, a city experiencing economic and population growth.
    • High occupancy rates indicating strong demand.
    Updated: Nov 21, 2025
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    Mixed-Use Building with Storefront
    $39,900
    3,805 SF
    Mixed-Use Building with Storefront

    313 Parkman Avenue, Selma, AL 36701

    2509 sqft mixed-use building with retail and residential potential.
    • Mixed‑use property with commercial and residential components
    • 2509 sqft building offers significant potential for various uses
    • Includes a 3‑bedroom, 1‑bath upstairs apartment
    • Features a former store space (Parkman Grocery and Deli)
    • Contains a laundry mat in the rear of the building
    Updated: May 20, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Selma, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Linden Multifamily Investment Opportunity
    $299,900
    7,728 SF
    Linden Multifamily Investment Opportunity

    Eight-unit townhome complex in Marengo County, Alabama.

    607 S Mobile Street, Linden, AL 36748

    View details
    Six-Unit Apartment Building
    $280,000
    6,786 SF
    Six-Unit Apartment Building

    Charming six-unit multifamily property offering income potential near major regional destinations.

    3751 Wesley Drive, Montgomery, AL 36111

    View details
    22-Unit Apartment Building Investment Opportunity
    $1,049,900
    22-Unit Apartment Building Investment Opportunity

    22-unit apartment building with renovation upside in Montgomery, Alabama.

    3701 - 3743 Wesley Drive, Montgomery, AL 36111

    View details
    Marengo County Townhome Apartments
    $299,900
    7,728 SF
    Marengo County Townhome Apartments

    Eight-unit townhomes in Marengo County, Alabama, with value-add potential.

    607 S Mobile St, Linden, AL 36748

    View details

    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.

    Ocean Springs Highway 90 Land
    $675,000
    143,748 SF
    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

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

    71 Salters Road, Greenville, SC 29607

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

    View details

    Selma, AL Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Selma, AL on our real estate platform. These investment opportunities span a total of 137,515 square feet of properties for sale, with an estimated market value of $5,414,900.

    Sale prices for two-family homes in Selma, AL start at $39,900, averaging $2,707,450, and reaching up to $5,375,000 — 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 32K
    Population Growth (5Y) -12.4%
    Median Household Income $37,376
    College Educated 14.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    36701 $39.9K
    36703 $5.4M

    Taxes & Financing

    Tax Rate (average for all types) 5.02%
    Property Tax per SF $84.89 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dallas County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Selma, AL

    • 36701
    • 36703

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