Mixed-Use Property with Apartments and
For Sale
$496,500
2ND Ave, Fayette, AL 35555
MultiFamily, Fayette, AL
Property SizeContact for details
Days on Market108
Property Features for 2ND Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Lot features
Deeded
Directions
Traveling south on Temple Avenue, turn right at 1st Street Northwest. Go two blocks to 2nd Ave Northwest and turn right--the property is on the left. Look for the sign.
Subdivision
Fayette
Standard status
Active
APN
32 13 03 06 3 002 078.000
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7671
Utilities
Utilities
Cable Available
Water source
Public
Listing Agency:
Dalton Wade, Inc.
(888) 668-8283
Listed By:
Jason Tucker
(205) 412-9991
Added: Jun 22
Changed: Sep 8
Last Checked: Oct 7 at 9:06AM
MLS# 26-1312
Copyright © 2026 Walker County Area Board of REALTORS®. 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 mixed-use property contains more than 13,000 square feet and combines residential apartments with office space. The current layout includes one two-bedroom, one-bath apartment and two large office areas on the first floor. The second floor adds nine two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, providing a combination of residential and commercial space within the same building.
The property is located on 2nd Ave in Fayette, Alabama, within ZIP Code 35555. Public water service is available, along with cable availability. The existing unit configuration and sizable office component support a blended property profile for users evaluating both apartment and office space.
The property is located on 2nd Ave in Fayette, Alabama, within ZIP Code 35555. Public water service is available, along with cable availability. The existing unit configuration and sizable office component support a blended property profile for users evaluating both apartment and office space.
Key Highlights
- More than 13,000 square feet of mixed‑use space
- Current apartment mix includes nine 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
- One additional 2‑bedroom/1‑bath apartment on the first floor
Property Analytics
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Current Use
Lease Details
11
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 35555, AL
9,282
Population
4,958
Households
1.9
Avg Household Size
45
Median Age
20%
College-Educated
86%
High-School Grad
326.8 sq mi
ZIP Area
28
Density / Sq Mi
$50,598
Median Household Income
$32,047
Median Earnings
$624
Median Rent
$123,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - More than 13,000 square feet combines apartment units with substantial first-floor office areas.
Where is this mixed-use property located?
The property is located at 2ND Ave Fayette, AL.
What is the asking price?
The asking price for this property is $496,500.
What are key features of this property?
This property features: More than 13,000 square feet of mixed‑use space; Current apartment mix includes nine 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; One additional 2‑bedroom/1‑bath apartment on the first floor
