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Campus-Adjacent Triplex
New
For Sale
$200,000

434 N Chestnut St, Florence, AL 35630

Three one-bedroom units each include a full bath, kitchen, and laundry area.

Property SizeContact for details
Days on Market7

Property Features for 434 N Chestnut St

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,436

Building Details

Year Built 1985
Listing Agency: Southern Shores Estates & Inve
Listed By: Brittany Gaston · License #000129367
Source: Exitrealty
Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 6:05AM

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 Southern Shores Estates & Inve

Investment Insights

Based on property information with market context.

Built in 1985, this triplex contains three independent one-bedroom, one-bath residences. Each unit includes a kitchen, full bathroom, laundry area, bedroom, and living space, providing a consistent configuration across the property.

The property is located at 434 N Chestnut St in Florence, Alabama, approximately 1.3 miles from the University of North Alabama. Downtown Florence, shopping, dining, parks, and entertainment are also identified as nearby destinations, supporting convenient access to everyday amenities and campus-area activity.

Key Highlights

  • Three separate 1‑bedroom, 1‑bath units
  • Each residence includes a kitchen, laundry area, bedroom, full bathroom, and living space
  • Approximately 1.3 miles from the University of North Alabama

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Electrical Service Computer & Electronic Repair Catering Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,169
Businesses Nearby

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

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?
Triplex - Three one-bedroom units each include a full bath, kitchen, and laundry area.
Where is this triplex located?
The property is located at 434 N Chestnut St Florence, AL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three separate 1‑bedroom, 1‑bath units; Each residence includes a kitchen, laundry area, bedroom, full bathroom, and living space; Approximately 1.3 miles from the University of North Alabama
More about this property
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