Five-Unit Historic Apartment
For Sale
$555,000
429 N Walnut St, Florence, AL 35630
Fully rented apartments offer historic character, updated HVAC systems, laundry hookups, porches, and off-street parking.
Property SizeContact for details
Days on Market8
Property Features for 429 N Walnut St
General Information
Standard status
Active
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,589
Listing Agency:
Coldwell Banker Pinnacle Properties
(256) 766-0069
Listed By:
Spillers Rogers Team
(256) 762-5999
Source:
Exprealty
Added: Sep 1
Changed: Sep 7
Last Checked: Sep 8 at 6:25AM
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 Coldwell Banker Pinnacle Properties
Investment Insights
Based on property information with market context.
Located at 429 N Walnut St in Florence’s Historic District, this apartment building contains five separate units, each arranged as a 1bed/1bath apartment. The residences feature high ceilings, hardwood flooring, porches, laundry hookups, and distinctive architectural details. Unit sizes vary, while HVAC systems are 2022 or newer. The property also has a 10-year-old roof, new exterior paint, and five off-street parking spaces.
The building is within walking distance of downtown shops and restaurants, Wilson Park, the University of North Alabama, and the university’s new football stadium. All five apartments are fully rented, and short-term rental use is possible. The property combines established occupancy with a historic residential setting and practical on-site improvements.
The building is within walking distance of downtown shops and restaurants, Wilson Park, the University of North Alabama, and the university’s new football stadium. All five apartments are fully rented, and short-term rental use is possible. The property combines established occupancy with a historic residential setting and practical on-site improvements.
Key Highlights
- Five 1bed/1bath apartments; all five units are fully rented
- HVAC systems are 2022 or newer
- Five off‑street parking spots
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,503
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully rented apartments offer historic character, updated HVAC systems, laundry hookups, porches, and off-street parking.
Where is this apartment building located?
The property is located at 429 N Walnut St Florence, AL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Five 1bed/1bath apartments; all five units are fully rented; HVAC systems are 2022 or newer; Five off‑street parking spots
