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    Sheffield, AL
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    Sheffield, AL Apartment Buildings for Sale

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    Muscle Shoals, AL Tuscumbia, AL Rainbow City, AL Florence, AL Cherokee, AL Gadsden, AL Leighton, AL Killen, AL
    6-Unit Apartment Building
    Updated: Jun 4
    6-Unit Apartment Building

    500 Annapolis Ave, Sheffield, AL 35660

    $250,000
    3,079 sqft 0.17 AC lot
    6 units with 100% occupancy; separately metered utilities with tenants paying their own
    Updates completed within the last 5 years: new roof, windows, vinyl siding, plumbing, appliances, window units
    0.17‑acre lot with 3,079 SF building size
    Built in 1920 with metal roof and vinyl siding exterior
    Electric heating with window unit(s) cooling
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    Sheffield Multifamily Redevelopment Opportunity
    Updated: May 27
    Sheffield Multifamily Redevelopment Opportunity

    2905 E 12th Ave, Sheffield, AL 35660

    $549,000
    1.32 AC lot
    18 renovated townhome‑style units featuring new windows, roofs, flooring, walls, paint, and efficiency‑style kitchen sinks.
    Rezoned for multifamily/townhome use.
    Each unit sits on its own permanent foundation.
    New utilities installed allowing separate meters for each unit.
    Large on‑site space suitable for office, community room, or laundry facility.
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 9 Potential Opportunities for your consideration. Besides 4 Active listings in Sheffield, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    5-Unit Apartment Building with Garage
    5-Unit Apartment Building with Garage

    727 Sherrod Avenue, Florence, AL 35630

    $300,000
    3,300 sqft 0.17 AC lot

    Near UNA, the property combines recently renovated units with a detached garage and public utilities.

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    Student Housing Investment Opportunity
    Student Housing Investment Opportunity

    Nellie Ave, Florence, AL 35630

    Contact for pricing
    80,000 sqft

    Two renovated apartment buildings near the University of North Alabama.

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    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.

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    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.

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    Off-Market Properties in Sheffield, AL

    Consider similar Off-Market properties in Sheffield, 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.

    500 Montgomery Ave
    Restaurants

    500 Montgomery Ave, Sheffield, AL 35660

    Value Estimation by Request
    55,305 sqft
    View details

    Sheffield, AL Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Sheffield, AL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 41,389 square feet of properties for sale, with an estimated market value of $799,000.

    Sale prices for two-family homes in Sheffield, AL start at $250,000, averaging $399,500, and reaching up to $549,000 — 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 9,385
    Population Growth (5Y) +4.4%
    Median Household Income $42,510
    College Educated 21.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    35660 $399.5K

    Taxes & Financing

    Tax Rate (average for all types) 5.03%
    Property Tax per SF $40.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Colbert County

    New Delisted

    Total CRE Inventory on Market (SF)

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