5-Unit Apartment Building with
For Sale
$300,000
727 Sherrod Avenue, Florence, AL 35630
Residential Income, Florence, AL
Property Size3,300 SF
Lot Size0.17 Acres
Price / SF$90.91
Days on Market125
Property Features for 727 Sherrod Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
7
Parking features
Garage, Driveway
Subdivision
City Of Florence
Elementary school
Florence
Middle school
Florence
High school
Florence
Directions
From Wood Ave, Turn Right Onto Hawthorne, And Left Onto Sherrod Ave, House On Right.
Standard status
Active
Size
3,300 SF
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Number of units
5
Listing Agency:
Re/Max Today
(256) 468-2190
Listed By:
Jacob Harbin · License #118980
(256) 710-7911
Added: May 14
Changed: Sep 7
Last Checked: Sep 15 at 1:06AM
MLS# 21910640
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Investment Insights
Based on property information with market context.
This apartment property includes five units within approximately 3,300 square feet: four one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment. Three units are occupied, while two have recently undergone full renovations and are ready to be leased. A newer roof supports the building’s physical improvements, and the detached garage provides on-site storage space. Parking is available through the garage and driveway.
Located at 727 Sherrod Avenue in Florence, the property is within walking distance of the University of North Alabama. Public water and public sewer serve the site, which occupies approximately 0.17 acres. The combination of an established unit mix, renovated vacant apartments, and a detached garage provides a defined multifamily configuration for evaluation.
Located at 727 Sherrod Avenue in Florence, the property is within walking distance of the University of North Alabama. Public water and public sewer serve the site, which occupies approximately 0.17 acres. The combination of an established unit mix, renovated vacant apartments, and a detached garage provides a defined multifamily configuration for evaluation.
Key Highlights
- Five apartment units totaling 3,300 Square Feet
- Unit mix includes four 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
- Three occupied units plus two fully redone, rent‑ready units
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
642
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Near UNA, the property combines recently renovated units with a detached garage and public utilities.
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 apartment units totaling 3,300 Square Feet; Unit mix includes four 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit; Three occupied units plus two fully redone, rent‑ready units
