Occupied Multifamily Rental
New
For Sale
$509,900
316 Crown St N, Florence, AL 35630
MultiFamily, Florence, AL
Property Size1,560 SF
Price / SF$326.86
Days on Market3
Property Features for 316 Crown St N
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
00 Residential
Subdivision
Florence
Elementary school
Florence
Middle school
Florence
High school
Florence
Directions
From Florence Blvd West Bound Turn Left onto N Crown Street. Property will be on the Left.
Standard status
Active
APN
23-03-06-2-010-020.000
Size
1,560 SF
Taxes and HOA fees
Tax Description
See Attached - 5 Parcels with 5 Legal Descriptions Included In Sale
Tax Annual Amount
1263
Legal Description
See Attached - 5 Parcels with 5 Legal Descriptions Included In Sale
Utilities
Sewer type
Public Sewer
Building Details
Year built
1947
Number of units
6
Listing Agency:
MarMac Real Estate - The Shoals
(256) 766-8499
Listed By:
Melissa Goduti · License #000164903
(256) 349-3638
Added: Sep 3
Changed: Sep 4
Last Checked: Sep 5 at 4:06PM
MLS# 531093
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 offering includes an occupied residential rental property measuring 1,560 square feet and built in 1947. The asset is served by public sewer and carries 00 Residential zoning. It is presented as part of a larger group of rental properties offered together as one package rather than as separate sales.
The package includes properties in Florence and Sheffield, Alabama. Operating expenses are included in the reported approximately 9% cap rate, and financial information is available upon request. Tenant privacy requirements apply: property visits are restricted until an accepted offer is in place.
The package includes properties in Florence and Sheffield, Alabama. Operating expenses are included in the reported approximately 9% cap rate, and financial information is available upon request. Tenant privacy requirements apply: property visits are restricted until an accepted offer is in place.
Key Highlights
- 1,560‑square‑foot multifamily property
- Built in 1947
- Occupied residential rental property
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 35630, AL
32,671
Population
17,371
Households
1.9
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
25.3 sq mi
ZIP Area
1,291
Density / Sq Mi
$44,168
Median Household Income
$29,081
Median Earnings
$783
Median Rent
$153,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied residential rental property with public sewer service and 1947 construction.
Where is this multifamily property located?
The property is located at 316 Crown St N Florence, AL.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: 1,560‑square‑foot multifamily property; Built in 1947; Occupied residential rental property
