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Three-Unit Multifamily Property
New
For Sale
$160,000

1700 Arlington Avenue, Bessemer, AL 35020

Multifamily property with a three-bedroom front residence, two additional units, alley parking, and tenant storage.

Property Size2,991 SF
Price / SF$53.49
Days on Market4

Property Features for 1700 Arlington Avenue

General Information

Standard status Active
Size 2,991 SF
Property subtype Multi Family

Property Condition

Severity Minor
Evidence Needs minor updating.

Additional Details

Multifamily Units 3

Amenities

storage area

Building Details

Year Built 1930
Listing Agency: Romano Properties LLC
Listed By: Marie Romano · License #22556
Source: Exitrealty
Added: Aug 16 Changed: Aug 18 Last Checked: Aug 19 at 5:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Romano Properties LLC

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes a front residence with three bedrooms and two additional units positioned at the rear. Units 2 and 3 have access to alleyway parking, while storage beneath those units provides space for tenants. The property contains 2,991 square feet and was built in 1930. Minor updating is needed.

Key Highlights

  • Three rental units in a multifamily configuration
  • Front residence includes 3 bedrooms
  • Units 2 and 3 have alleyway parking

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby

Demographics for 35020, AL

24,213
Population
12,327
Households
2
Avg Household Size
40
Median Age
10%
College-Educated
82%
High-School Grad
16.6 sq mi
ZIP Area
1,459
Density / Sq Mi
$33,247
Median Household Income
$27,762
Median Earnings
$856
Median Rent
$90,900
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?
Triplex - Multifamily property with a three-bedroom front residence, two additional units, alley parking, and tenant storage.
Where is this triplex located?
The property is located at 1700 Arlington Avenue Bessemer, AL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Three rental units in a multifamily configuration; Front residence includes 3 bedrooms; Units 2 and 3 have alleyway parking
More about this property
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