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Updated Triplex
New
For Sale
$250,000
Pending

719 Prospect St, Florence, AL 35630

MultiFamily, Florence, AL

Property SizeContact for details
Lot Size0.31 Acres
Days on Market3

Property Features for 719 Prospect St

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R1
Elementary school City
Middle school City
High school City
Directions From Wood, southeast on Nellie, north on Prospect, Building on Left
Subdivision Lauderdale
Standard status Pending
APN 24-02-10-1-005-044-000
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 51.5' X 210.5' IRR CITY OF FLORENCE SD BLK PT 382 .31 AC/C SEC 10 T3S R11W PB 1 PG 48
Tax Annual Amount 1179
Legal Description 51.5' X 210.5' IRR CITY OF FLORENCE SD BLK PT 382 .31 AC/C SEC 10 T3S R11W PB 1 PG 48

Utilities

Sewer type Public Sewer

Building Details

Year built 1924
Number of units 3
Listing Agency: The Agency on Pine
Listed By: Bret Smith · License #122534
Added: Sep 25 Changed: Sep 26 Last Checked: Sep 27 at 11:06AM
MLS# 531468

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 triplex contains updated units and was built in 1924. The property occupies a 0.31-acre site, has R1 zoning, and is served by public sewer.

The address is 719 Prospect St in Florence, within walking distance of the University of North Alabama, downtown Florence, and Seven Points.

Key Highlights

  • Three‑unit residential property with updated units
  • 0.31‑acre site
  • Built in 1924

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Storage Facility Garden Center Locksmith (Bike/Boat/Book/etc) Store

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

720
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - The property is near the University of North Alabama, downtown Florence, and Seven Points.
Where is this triplex located?
The property is located at 719 Prospect St Florence, AL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three‑unit residential property with updated units; 0.31‑acre site; Built in 1924
More about this property
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