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    755 County Road 355 Leesburg, AL 35983

    For Sale
    $385,000

    Multi Family - Leesburg, AL

    Type:Multi Family
    Lot size:
    2.90 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 755 County Road 355

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    1403060000018.015
    Parking
    6
    Parking features
    Driveway
    Lot size
    2.90 Acres

    Building Details

    Number of units
    2
    Architectural style
    Other

    Sweet Home Alabama Real Estate (256) 266-3825

    Listing agent Jessica Fox (256) 266-3825

    Listing date Sep 25, 2025

    MLS# 21900007 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leesburg Multi-Family Property on Acres

    This multi-family property is situated on 2.9 acres and features two move-in ready doublewide homes. The property is suitable for multi-generational living or rental income opportunities. There are two additional homesites that could be developed. The property includes three septic tanks and five water meters. Outdoor amenities include an above ground pool, multiple storage sheds, and a pavilion area. The grounds feature fruit trees and muscadine vines.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Auto Repair Shop Hotel & Motel HVAC Service Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Cherokee
    State
    Alabama
    Longitude
    -85.736745
    Latitude
    34.198496

    Nearby Similar for Sale

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    • Contact for pricing
      23,574 SF

      Leesburg Multifamily Investment Opportunity

      24-unit apartment building in Leesburg, Alabama, built in 2004.
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    • $18,300,000
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    FAQs

    What type of property is this?
    Multifamily property - Multi-family property on 2.9 acres with income potential.
    Where is this multifamily property located?
    The property is located at 755 County Road 355 Leesburg, AL.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Two turnkey, move-in ready doublewide homes ideal for multi-generational living or rental income.; - 2.9 acre property offering endless possibilities.; - Two additional homesites with potential for growth.
    (256) 266-3825
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    Leesburg, AL 35983
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    755 County Road 355 Leesburg, AL 35983
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