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Sheffield Multifamily Value-Add Opportunity

3001 E 19th Ave, Sheffield, AL 35660

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For Sale

$1,899,990

MULTI_FAMILY - Sheffield, AL

Type:Apartment

Lot size:

3.67 Acres

We can help!

Listing Contact

Melissa Goduti

For Sale

$1,899,990

MULTI_FAMILY - Sheffield, AL

Type:Apartment

Lot size:

3.67 Acres

Added:: May 27, 2026
Days on Market:: 14
Last Refresh:: Jun 9 at 12:06 am

Property Features for 3001 E 19th Ave

General Information

Property type: Residential Multi Family
Property subtype: Apartment
Zoning: M1
Standard status: Active
APN: 0708281005026000
Lot size: 3.67 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: ALL BLK 510 IN THE RESUR OF ORG BLK 510 SHEFFIELD 400 X 400 /DB 2024 PG 13234
Tax Annual Amount: 19013

Utilities

Sewer type: Public Sewer

Building Details

Year built: 1950
Number of units: 50

We can help!

Listing Contact

Melissa Goduti

Listing agent Melissa Goduti License #000164903

Listing office MarMac Real Estate - The Shoals 417 E Mobile Street, Florence, AL

Listing date May 27, 2026

MLS# 529156 Listing URL

Overview

This is a 50-unit apartment complex, consisting of 7 buildings, presenting an investment opportunity. The property occupies an entire city block and features road frontage on four sides. Situated in Sheffield, Alabama, the location is near the elementary and middle schools, as well as the community pool and tennis courts. The property is positioned as a value-add investment with potential for future cash flow, appreciation, and high cap rates upon completion of renovations. The complex is located in an area experiencing growth with the addition of new companies. The current owner vacated all units in preparation for a large-scale renovation project. The property is sold as-is and encompasses 3.67 acres.

Property Profile Location Intelligence

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Apartment buildings

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Local Demand

City: Sheffield
County: Colbert
State: Alabama
Longitude: -87.6897181
Latitude: 34.7714362

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