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Monroeville Multifamily Redevelopment Opportunity
For Sale
$100,000

Mobile street, Monroeville, AL 36460

4,800 SF Building on 0.8 AC For Sale

Property Size4,800 SF
Lot Size0.80 Acres
Price / SF$20.83
Days on Market565

Property Features for Mobile street

General Information

Standard status Active
Property type Multifamily properties, Other mixed-use properties, Other retail properties, Residential income properties, Mixed-use properties, Retail properties & Spaces
Size 4,800 SF
Elevators N/A
Lot size 0.80 Acres

Building Details

Buildings 2
Stories 1
Units 16
Listing Agency:
Listed By: Paul
Added: Feb 11, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 4,800 square foot multifamily building in Monroeville, Alabama, presents an investment opportunity. Situated on a level, 0.8-acre lot, the 16-unit property offers potential for redevelopment or rehabilitation. Its location connects Mobile Street and Washington Street, providing access to Monroeville's Downtown Historic District. Zoned R3 – Residential District, it is suited for multifamily use. The existing structure provides a foundation for renovations or a rebuild. The lot size allows for future expansion. The property's size and location make it an attractive prospect for investors seeking a return on investment. The property is located in Monroeville, Alabama.

Property Analytics

Current Use

Mixed-use properties

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 36460, AL

10,057
Population
4,700
Households
2.1
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
151.5 sq mi
ZIP Area
66
Density / Sq Mi
$35,000
Median Household Income
$32,433
Median Earnings
$648
Median Rent
$119,600
Median Home Value

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?
Multifamily property - 4,800 SF Building on 0.8 AC For Sale
Where is this multifamily property located?
The property is located at Mobile street Monroeville, AL.
What is the asking price?
The asking price for this property is $100,000.
More about this property
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