32-Unit Multifamily
For Sale
Contact for pricing
616 Selma Avenue, Selma, AL 36701
Three properties have individually metered utilities, with units ready for lease-up or renovation.
Property SizeContact for details
Days on Market8
Property Features for 616 Selma Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$76,282
Additional Details
Multifamily Units
32
Building Details
Buildings
5
Units
32
Listing Agency:
LAH Commercial Real Estate Mountain Brook
Listed By:
Alex Kyriazis · License #000121269-0
(205) 870-8580
Source:
Crexi
Added: Aug 26
Changed: Sep 1
Last Checked: Sep 1 at 9:19PM
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 LAH Commercial Real Estate Mountain Brook
Investment Insights
Based on property information with market context.
This multifamily offering includes three properties totaling 32 units. The buildings range from 4 to 16 units and contain a mix of unit types. Individually metered utilities are in place across the portfolio, and multiple units are ready for lease-up or renovation.
The properties are located in Selma, Alabama, within minutes of Downtown Selma. The combination of multiple buildings, varied property sizes, and units requiring leasing or renovation provides a defined portfolio structure for review.
The properties are located in Selma, Alabama, within minutes of Downtown Selma. The combination of multiple buildings, varied property sizes, and units requiring leasing or renovation provides a defined portfolio structure for review.
Key Highlights
- 32‑unit multifamily portfolio comprising three properties
- Individual utility metering across the properties
- Multiple units ready for lease‑up or renovation
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 36701, AL
21,448
Population
10,390
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
277.3 sq mi
ZIP Area
77
Density / Sq Mi
$40,466
Median Household Income
$28,852
Median Earnings
$823
Median Rent
$111,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Three properties have individually metered utilities, with units ready for lease-up or renovation.
Where is this multifamily property located?
The property is located at 616 Selma Avenue Selma, AL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 32‑unit multifamily portfolio comprising three properties; Individual utility metering across the properties; Multiple units ready for lease‑up or renovation
