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Renovated Duplex with Rear Apartment
For Sale
Contact for pricing
Pending

418 3rd St SE, Aliceville, AL 35442

Front residence features updated plumbing, electrical systems, and interior finishes.

Property SizeContact for details
Days on Market143

Property Features for 418 3rd St SE

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence needs a new roof

Additional Details

Multifamily Units 2

Building Details

Buildings 2
Listing Agency: Divine Realty LLC
Listed By: Demario Owens · License #AL 112953
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:55PM

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 Divine Realty LLC

Investment Insights

Based on property information with market context.

This duplex includes a renovated front residence and a separate apartment building positioned behind it. Work to the primary home includes replacement plumbing, updated electrical service, and broad interior improvements. The finished areas include tiled bathroom floors, a waterfall-style sink, a sliding barn door, an ensuite bathroom, a walk-in shower, and tray ceilings in the upper-level bedrooms.

The detached apartment remains unfinished and requires additional capital work. Reported needs include a new roof, ceiling sheetrock repairs in the living room and kitchen, partial ceiling replacement in one bedroom, and hardwood flooring replacement across approximately 10% of the living room. The rear unit also includes a full kitchen and living room. The property is located at 418 3rd St SE in Aliceville, Alabama.

Key Highlights

  • Front residence fully renovated with new plumbing and electrical
  • Detached rear apartment included with the property
  • Rear apartment requires a new roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Catering Service Barber 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 35442, AL

5,937
Population
2,149
Households
2.8
Avg Household Size
41
Median Age
12%
College-Educated
76%
High-School Grad
267.4 sq mi
ZIP Area
22
Density / Sq Mi
$34,274
Median Household Income
$21,579
Median Earnings
$671
Median Rent
$121,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Front residence features updated plumbing, electrical systems, and interior finishes.
Where is this duplex located?
The property is located at 418 3rd St SE Aliceville, AL.
What are key features of this property?
This property features: Front residence fully renovated with new plumbing and electrical; Detached rear apartment included with the property; Rear apartment requires a new roof
More about this property
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