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    Fort Payne, AL
    Duplex

    Fort Payne, AL Duplexes for Sale

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    Rainsville, AL Valley Head, AL Collinsville, AL Mentone, AL Gaylesville, AL Fyffe, AL Cedar Bluff, AL Sylvania, AL
    Fort Payne Multifamily Investment
    Updated: May 26
    Fort Payne Multifamily Investment

    1201 Grand Avenue NW, Fort Payne, AL 35967

    $155,000
    1,186 sqft 0.13 AC lot
    Two apartments: Apartment A has 2 bedrooms and 1 bath; Apartment B has 1 bedroom and 1 bath
    Public water service
    Public sewer
    Parking includes alley parking and a driveway
    Kitchen appliances include a refrigerator and oven
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    This listing looks promising.

    Here's a quick look at some key insights for

    1201 Grand Avenue NW, Fort Payne, AL 35967

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    • Est. Cap Rate

      4.5%
      NOI ÷ price

    • Est. NOI

      $7K
      Annual

    • Price @ 7% Cap

      $100K
      Suggested

    • Property Type

      Duplex
      Built 1950
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    Duplex with Two Apartments
    Updated: Nov 18, 2025
    Duplex with Two Apartments

    1201 Grand NW Avenue 2, Fort Payne, AL 35967

    $155,000
    Two apartments on one property
    Opportunity to add to rental portfolio
    Apartment A: features 2 bedrooms, 1 bath
    Apartment B: offers 1 bedroom, 1 bath
    Two total bathrooms
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Fort Payne, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Furnished Duplex Near Goosepond Colony
    Furnished Duplex Near Goosepond Colony

    131-C E Anderson Street, Scottsboro, AL 35769

    $429,900
    2,100 sqft 4.60 AC lot

    Furnished duplex on 4.6 acres, ideal for Airbnb.

    View details
    27-Acre Estate with Income Potential
    27-Acre Estate with Income Potential

    36 Stargazer Trail NW, Rome, GA 30165

    $1,590,000
    2,400 sqft 27.54 AC lot

    Sprawling property featuring a main residence and multiple rental units.

    View details
    27 Acres with Income Potential
    27 Acres with Income Potential

    36 Stargazer Trail NW, Rome, GA 30165

    $1,590,000
    27.54 AC lot

    Sprawling property featuring a main residence and multiple rental units.

    View details
    Furnished Duplex with Garages
    Furnished Duplex with Garages

    131-C E Anderson Street, Scottsboro, AL 35769

    $429,900

    Two furnished 2BR/1BA duplex units each include a 13-by-35 garage and are situated on 4.6 acres.

    View details

    Fort Payne, AL Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Fort Payne, AL on our real estate platform. These investment opportunities span a total of 1,186 square feet of properties for sale, with an estimated market value of $155,000.

    Sale prices for duplexes in Fort Payne, AL start at $155,000, averaging $155,000, and reaching up to $155,000 — 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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    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.5%
    Median Household Income $47,456
    College Educated 20.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    35967 $157K

    Taxes & Financing

    Tax Rate (average for all types) 4.60%
    Property Tax per SF $94.52 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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