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18-Unit Townhome-Style Apartments
For Sale
$549,000

2905 E 12th Ave, Sheffield, AL 35660

MultiFamily, Sheffield, AL

Property SizeContact for details
Lot Size1.32 Acres
Days on Market109

Property Features for 2905 E 12th Ave

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning M1
Subdivision Sheffield
Elementary school Sheffield
Middle school Sheffield
High school Sheffield
Directions From Downtown Sheffield, head east on 2nd Street, turn left onto Montgomery Ave., then right onto E. 12th Ave. Property will be on the left at 2905 E. 12th Ave.
Standard status Active
APN 07-09-29-4-007-001.000
Lot size 1.32 Acres

Taxes and HOA fees

Tax Description LOTS 13 THRU 20 BLK 309 SHEFFIELD 300 X 192 /DB 2024 PG 29267
Tax Annual Amount 404
Legal Description LOTS 13 THRU 20 BLK 309 SHEFFIELD 300 X 192 /DB 2024 PG 29267

Utilities

Sewer type Public Sewer

Building Details

Number of units 18
Listing Agency: MarMac Real Estate - The Shoals
Listed By: Melissa Goduti · License #000164903
Added: May 27 Changed: Sep 7 Last Checked: Sep 12 at 4:06AM
MLS# 529141

Copyright © 2026 Strategic MLS Alliance, INC. 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.

This 1.32-acre multifamily property includes 18 renovated townhome-style units on individual permanent foundations. The studio layouts feature private showers, toilets, and closets, while completed improvements include windows, roofs, flooring, wall finishes, paint, efficiency-style kitchen sinks, and hot water heaters. The property is sold as-is with remaining work to complete.

The site has been rezoned for multifamily and townhome use and carries M1 zoning. New utility infrastructure allows each unit to have a separate meter, and the property is served by public sewer. A substantial additional area provides space for an office, community room, or future laundry facility. The property is located at 2905 E 12th Ave in Sheffield, Alabama.

Key Highlights

  • 18 renovated townhome‑style studio units
  • 1.32‑acre multifamily property
  • Private showers, toilets, and closets in each studio layout

Property Analytics

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Current Use

Shady Court Tourist ... Housing Complex

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Auto Parts Store Furniture & Home Goods Grocery & Convenience Store Law Firm

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

18
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby

Demographics for 35660, AL

9,434
Population
5,139
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
6.2 sq mi
ZIP Area
1,522
Density / Sq Mi
$42,510
Median Household Income
$31,302
Median Earnings
$850
Median Rent
$129,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Partially completed multifamily redevelopment with renovated studio layouts and separately metered units.
Where is this apartment building located?
The property is located at 2905 E 12th Ave Sheffield, AL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 18 renovated townhome‑style studio units; 1.32‑acre multifamily property; Private showers, toilets, and closets in each studio layout
More about this property
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