Sheffield, AL
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    Sheffield, AL Apartment Buildings for Sale

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    Muscle Shoals, AL Tuscumbia, AL Rainbow City, AL
    7 results
    Sheffield Multifamily Investment Opportunity
    $1,152,000
    24,680 SF

    Sheffield Multifamily Investment Opportunity

    701 6th St, Sheffield, AL 35660

    32-unit multifamily property in Sheffield, AL, ready for renovation.

    • 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.
    Updated: May 27
    View details
    Sheffield Multifamily Redevelopment Opportunity
    $549,000
    1.32 Acres

    Sheffield Multifamily Redevelopment Opportunity

    2905 E 12th Ave, Sheffield, AL 35660

    Multifamily redevelopment with 18 renovated units, ready for completion.

    • 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.
    Updated: May 27
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    Remodeled Mixed-Use Building For Sale
    $1,075,000
    12,000 SF

    Remodeled Mixed-Use Building For Sale

    Large, remodeled mixed-use building with apartments and business potential.

    309 N Montgomery Ave, Sheffield, AL 35660
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    Mixed-Use Property with Apartments
    $1,075,000
    12,000 SF

    Mixed-Use Property with Apartments

    Two buildings with established businesses and four apartments.

    310 N Montgomery Ave, Sheffield, AL 35660
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    Remodeled Mixed-Use Building For Sale
    $1,075,000
    12,000 SF

    Remodeled Mixed-Use Building For Sale

    Large, remodeled mixed-use building with apartments and business potential.

    309 N Montgomery Ave, Sheffield, AL 35660
    View details
    Mixed-Use Property with Apartments
    $1,075,000
    12,000 SF

    Mixed-Use Property with Apartments

    Two buildings with businesses and four occupied apartments for sale.

    310 N Montgomery Ave, Sheffield, AL 35660
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    Historic Building with Renovation Potential
    $950,000
    4,863 SF

    Historic Building with Renovation Potential

    1916 building with restaurant, apartments, and retail potential.

    301 N Montgomery Ave, Sheffield, AL 35660
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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 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, 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.

    Decatur AL Multifamily Portfolio
    $400,000
    3,448 SF

    Decatur AL Multifamily Portfolio

    Fourteen-unit multifamily portfolio in Decatur, Alabama, for sale.

    1809 Windover Place SW, Decatur, AL 35603
    View details
    Five-Unit Multifamily Near UNA
    $315,000
    3,300 SF

    Five-Unit Multifamily Near UNA

    Five-unit apartment building near UNA, with income potential.

    727 Sherrod Avenue, Florence, AL 35630
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    Decatur Multifamily Investment Opportunity
    $600,000
    6,624 SF

    Decatur Multifamily Investment Opportunity

    Five townhouses near shopping and restaurants in Decatur, Alabama.

    1801 Glenn Street, Decatur, AL 35603
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    Five-Unit Multifamily Property Near UNA
    $330,000

    Five-Unit Multifamily Property Near UNA

    Five-unit apartment building near UNA, with income potential.

    727 Sherrod Avenue, Florence, AL 35630
    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.

    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
    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
    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
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details

    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
    55,305 SF
    Value Estimation by Request

    500 Montgomery Ave, Sheffield, AL 35660

    View details

    Sheffield, AL Apartment Buildings Investment Opportunities Market Analysis

    Explore 8 apartment buildings for sale in Sheffield, AL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 82,863 square feet of properties for sale, with an estimated market value of $7,400,000.

    Sale prices for two-family homes in Sheffield, AL start at $950,000, averaging $1,057,142, and reaching up to $1,075,000 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    35660 $993K

    Taxes & Financing

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

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