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Two-Unit Duplex Investment
For Sale
$150,000

27 1ST STREET, Graysville, AL 35073

MULTI_FAMILY - GRAYSVILLE, AL

Property SizeContact for details
Days on Market100

Property Features for 27 1ST STREET

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Subdivision GRAYSVILLE
Elementary school BROOKVILLE
Middle school MINOR JUNIOR
High school MINOR
Directions via I-22 Get on I-65 N from 18th St N Take I-22 to Cherry Ave in Graysville. Take exit 87 from I-22 Follow Cherry Ave to 1st St NE
Standard status Active
APN 15-00-20-4-013-004.000

Taxes and HOA fees

Tax Description N 1/2 OF LOT 28 MARY ANN DORRIS SUR 20 TP 16 R 4
Legal Description N 1/2 OF LOT 28 MARY ANN DORRIS SUR 20 TP 16 R 4

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Number of units 2
Flooring type Vinyl, Tile
Building materials Concrete/Block
Listing Agency: Spartan Realty LLC
Listed By: Ben Davis · License #85638
Added: May 22 Changed: Jul 17 Last Checked: Aug 29 at 11:06PM
MLS# 21454086

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

27 1st Street NE is a two-unit duplex with Unit A and Unit B, each offering 2 bedrooms and 1 bathroom. Both units feature granite countertops, ample counter space, luxury flooring, and fresh paint.

Unit A is currently rented for $780 per month, with a lease scheduled to end 1/31/2027. Unit B is currently rented for $725 per month, with a lease scheduled to end 3/31/2027.

This property is offered for sale in Graysville, AL 35073.

Key Highlights

  • Duplex with 2 units: both Unit A and Unit B are 2‑bedroom, 1‑bathroom homes
  • Unit A rent is $780/month with lease ending 1/31/2027
  • Unit B rent is $725/month with lease ending 3/31/2027

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 35073, AL

2,412
Population
1,446
Households
1.7
Avg Household Size
46
Median Age
17%
College-Educated
85%
High-School Grad
29.5 sq mi
ZIP Area
82
Density / Sq Mi
$57,679
Median Household Income
$42,759
Median Earnings
$965
Median Rent
$115,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units featuring granite countertops and fresh interior updates.
Where is this duplex located?
The property is located at 27 1ST STREET Graysville, AL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex with 2 units: both Unit A and Unit B are 2‑bedroom, 1‑bathroom homes; Unit A rent is $780/month with lease ending 1/31/2027; Unit B rent is $725/month with lease ending 3/31/2027
More about this property
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