Sheffield Multifamily Value-Add
3001 E 19th Ave Sheffield, AL 35660
For Sale
$1,899,990
MULTI_FAMILY - Sheffield, AL
Lot Size3.67 Acres
Days on Market59
Property Features for 3001 E 19th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- M1
- Standard status
- Active
- APN
- 0708281005026000
- Lot size
- 3.67 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ALL BLK 510 IN THE RESUR OF ORG BLK 510 SHEFFIELD 400 X 400 /DB 2024 PG 13234
- Tax Annual Amount
- 19013
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1950
- Number of units
- 50
Listing Agency:
MarMac Real Estate - The Shoals
(256) 766-8499
Listed By:
Melissa Goduti · License #000164903
(256) 349-3638
Added: May 27
Changed: May 28
Last Checked: Jul 24 at 3:06PM
MLS# 529156
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Investment Insights
Based on property information with market context.
This is a 50-unit apartment complex, consisting of 7 buildings, presenting an investment opportunity. The property occupies an entire city block and features road frontage on four sides. Situated in Sheffield, Alabama, the location is near the elementary and middle schools, as well as the community pool and tennis courts. The property is positioned as a value-add investment with potential for future cash flow, appreciation, and high cap rates upon completion of renovations. The complex is located in an area experiencing growth with the addition of new companies. The current owner vacated all units in preparation for a large-scale renovation project. The property is sold as-is and encompasses 3.67 acres.
Key Highlights
- 50‑unit apartment complex across 7 buildings, occupying an entire city block.
- Road frontage on four sides provides multiple access points to the property.
- Location next to an elementary and middle school, with community pool and tennis courts just steps away.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - 50-unit apartment complex with value-add potential in Sheffield, Alabama.
Where is this apartment building located?
The property is located at 3001 E 19th Ave Sheffield, AL.
What is the asking price?
The asking price for this property is $1,899,990.
What are key features of this property?
This property features: 50‑unit apartment complex across 7 buildings, occupying an entire city block.; Road frontage on four sides provides multiple access points to the property.; Location next to an elementary and middle school, with community pool and tennis courts just steps away.
