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5-Unit Apartment Building
For Sale
$300,000

727 Sherrod Avenue, Florence, AL 35630

Mixed one- and two-bedroom layouts include recently renovated units ready for occupancy.

Property Size3,300 SF
Price / SF$90.91
Days on Market181

Property Features for 727 Sherrod Avenue

General Information

Standard status Active
Size 3,300 SF
Total Parking Spaces 7
Property subtype Multi Family Home

Units

Unit Mix 4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Building Details

Building Size 3,300 SF
Buildings 1
Units 5
Listing Agency: Re/Max Today
Listed By: Jacob Harbin · License #118980
Source: Alabamaland
Added: Feb 24 Changed: Aug 16 Last Checked: Aug 23 at 12:05PM

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 Re/Max Today

Investment Insights

Based on property information with market context.

This apartment building contains five residential units totaling 3,300 square feet. The configuration includes four one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment. Three units are occupied, while two have been fully renovated and are ready for new residents. The property also features a newer roof and a detached garage that can provide storage or support an additional income use.

Located at 727 Sherrod Avenue in Florence, the building is within walking distance of UNA. Its unit mix, existing occupancy, refreshed apartments, and separate garage create a straightforward multifamily configuration for an owner-operator or investor.

Key Highlights

  • Five‑unit apartment building with four 1‑bedroom units and one 2‑bedroom unit
  • 3 occupied units and 2 fully redone, rent‑ready units
  • 3,300 square feet of total property size

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

5
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

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?
Apartment building - Mixed one- and two-bedroom layouts include recently renovated units ready for occupancy.
Where is this apartment building located?
The property is located at 727 Sherrod Avenue Florence, AL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Five‑unit apartment building with four 1‑bedroom units and one 2‑bedroom unit; 3 occupied units and 2 fully redone, rent‑ready units; 3,300 square feet of total property size
More about this property
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