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    Valley Grande, AL Marion Junction, AL Tuskegee, AL Cusseta, AL Union Springs, AL Tyler, AL Jones, AL Orrville, AL
    Selma Multifamily Investment Opportunity
    Updated: Nov 21, 2025
    Selma Multifamily Investment Opportunity

    1300 Cloverdale Road, Selma, AL 36703

    $5,375,000
    133,710 sqft
    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.
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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 9 Potential Opportunities for your consideration. Besides 1 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
    Linden Multifamily Investment Opportunity

    607 S Mobile Street, Linden, AL 36748

    $299,900
    7,728 sqft 0.70 AC lot

    Eight-unit townhome complex in Marengo County, Alabama.

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    Marengo County Townhome Apartments
    Marengo County Townhome Apartments

    607 S Mobile St, Linden, AL 36748

    Contact for pricing
    7,728 sqft

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

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    Multifamily Apartment Portfolio Opportunity
    Multifamily Apartment Portfolio Opportunity

    2553 Lower Wetumpka Rd, Montgomery, AL 36110

    Contact for pricing

    Portfolio of six multifamily assets offered free and clear, totaling nearly 800 units in Alabama’s state capital.

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    Renovated 18-Unit Apartment Building
    Renovated 18-Unit Apartment Building

    6 Howard St, Montgomery, AL 36104

    Contact for pricing

    An 18-unit stabilized apartment property, fully renovated in 2022, currently 94% occupied with one unit down to studs.

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    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
    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.

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    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.

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    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.

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    Waterfront Multifamily Land Parcel
    Waterfront Multifamily Land Parcel

    141 104TH Avenue, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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    Selma, AL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Selma, AL on our real estate platform. These investment opportunities span a total of 133,710 square feet of properties for sale, with an estimated market value of $5,375,000.

    Sale prices for two-family homes in Selma, AL average $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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