Sheffield Multifamily Redevelopment
For Sale
$549,000
2905 E 12th Ave, Sheffield, AL 35660
MULTI_FAMILY - Sheffield, AL
Property SizeContact for details
Lot Size1.32 Acres
Days on Market97
Property Features for 2905 E 12th Ave
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
M1
Subdivision
Sheffield
Elementary school
Sheffield
Middle school
Sheffield
High school
Sheffield
Directions
From Downtown Sheffield, head east on 2nd Street, turn left onto Montgomery Ave., then right onto E. 12th Ave. Property will be on the left at 2905 E. 12th Ave.
Standard status
Active
APN
07-09-29-4-007-001.000
Lot size
1.32 Acres
Taxes and HOA fees
Tax Description
LOTS 13 THRU 20 BLK 309 SHEFFIELD 300 X 192 /DB 2024 PG 29267
Tax Annual Amount
404
Legal Description
LOTS 13 THRU 20 BLK 309 SHEFFIELD 300 X 192 /DB 2024 PG 29267
Utilities
Sewer type
Public Sewer
Building Details
Number of units
18
Listing Agency:
MarMac Real Estate - The Shoals
(256) 766-8499
Listed By:
Melissa Goduti · License #000164903
(256) 349-3638
Added: May 27
Last Checked: Aug 31 at 5:06AM
MLS# 529141
Copyright © 2026 Strategic MLS Alliance, 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 redevelopment project presents an investor opportunity. The property has undergone significant improvements, including 18 renovated townhome-style units. These units feature new windows, roofs, flooring, walls, and paint. Each unit includes an efficiency-style kitchen sink, hot water heater, and a studio layout with a private shower, toilet, and closet. The property has been rezoned for multifamily/townhome use, and each unit is situated on its own permanent foundation. New utilities have been installed, enabling separate metering for each unit. An additional large space on-site provides flexibility for an office, community room, or future laundry facility. The property is situated on a 1.32-acre lot. The property is located in Sheffield, Alabama. The zoning is M1. The property is intended for multifamily/townhome use.
Key Highlights
- 18 renovated townhome‑style units featuring new windows, roofs, flooring, walls, paint, and efficiency‑style kitchen sinks.
- Rezoned for multifamily/townhome use.
- Each unit sits on its own permanent foundation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
Demographics for 35660, AL
9,434
Population
5,139
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
6.2 sq mi
ZIP Area
1,522
Density / Sq Mi
$42,510
Median Household Income
$31,302
Median Earnings
$850
Median Rent
$129,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily redevelopment with 18 renovated units, ready for completion.
Where is this apartment building located?
The property is located at 2905 E 12th Ave Sheffield, AL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 18 renovated townhome‑style units featuring new windows, roofs, flooring, walls, paint, and efficiency‑style kitchen sinks.; Rezoned for multifamily/townhome use.; Each unit sits on its own permanent foundation.
