Five-Unit Multifamily Property Near
For Sale
$315,000
727 Sherrod Avenue, Florence, AL 35630
Five-unit apartment building near UNA, with income potential.
Property SizeContact for details
Days on Market142
Property Features for 727 Sherrod Avenue
General Information
Standard status
Active
Property subtype
Multi Family
Listing Agency:
RE/MAX Today
(256) 710-7911
Listed By:
Jacob Harbin · License #118980
(256) 710-7911
Source:
Exitrealty
Added: Mar 16
Changed: Jul 10
Last Checked: Aug 4 at 8:56AM
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 is a five-unit apartment building. The property features four 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. Three units are currently occupied, and two units have been fully renovated and are ready for rental. The property has a newer roof and a detached garage that could be used for storage or additional income. The property is located within walking distance of UNA.
Key Highlights
- Investment property poised to meet the 1% rule when fully occupied.
- Walking distance to UNA (University of North Alabama).
- Two recently renovated, rent‑ready units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
446
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit apartment building near UNA, with income potential.
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 $315,000.
What are key features of this property?
This property features: Investment property poised to meet the 1% rule when fully occupied.; Walking distance to UNA (University of North Alabama).; Two recently renovated, rent‑ready units.
