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    Fort Payne Multifamily Investment

    1201 Grand Avenue NW Fort Payne, AL 35967

    Claim this Listing
    For Sale
    $155,000

    MULTI_FAMILY - Fort Payne, AL

    Property size:
    1,186 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $130/SF
    Added:
    May 26, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 11 at 3:06 pm

    Property Features for 1201 Grand Avenue NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    4
    Parking features
    Alley, Driveway
    Appliances
    Refrigerator, Oven
    Standard status
    Active
    APN
    2303054003050000
    Size
    1,186 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Varies by Unit (Heating)
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    2

    Listing agent Flavia Parker License #122654

    Listing office Alabama Lake Homes 1504 Chesnut Bypass, AL

    Listing date May 26, 2026

    MLS# 21904150 Listing URL

    Copyright © 2026 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.

    Investment Insights

    Based on property information with market context.

    This multifamily property in Fort Payne, Alabama, presents an opportunity to expand a rental portfolio. The property includes two apartments: Apartment A, which features 2 bedrooms and 1 bath, and Apartment B, which offers 1 bedroom and 1 bath. The property has a total size of 1186 square feet and is situated on a 0.13-acre lot.

    Key Highlights

    • Two apartments: Apartment A has 2 bedrooms and 1 bath; Apartment B has 1 bedroom and 1 bath
    • Public water service
    • Public sewer

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic Carpet & Flooring Store Building Supply

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

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    FAQs

    What type of property is this?
    Duplex - Two-unit multifamily property in Fort Payne, Alabama.
    Where is this duplex located?
    The property is located at 1201 Grand Avenue NW Fort Payne, AL.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Two apartments: Apartment A has 2 bedrooms and 1 bath; Apartment B has 1 bedroom and 1 bath; Public water service; Public sewer
    Contact an agent
    (256) 717-3191
    We can help!
    Contact an agent
    Flavia Parker
    Real Estate License ID: 122654
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