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Five-Unit Apartment Building with Detached Garage
For Sale
$300,000

727 Sherrod Avenue, Florence, AL 35630

MULTI_FAMILY - Florence, AL

Property Size3,300 SF
Lot Size0.17 Acres
Price / SF$90.91
Days on Market83

Property Features for 727 Sherrod Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking 7
Parking features Driveway, Garage
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
Listed By: Jacob Harbin · License #118980
Added: May 14 Changed: Jul 31 Last Checked: Aug 4 at 9:06PM
MLS# 21910640

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Investment Insights

Based on property information with market context.

This five-unit apartment building includes four one-bedroom, one-bath units and one two-bedroom, one-bath unit. Currently, three units are occupied, and two units have been fully redone and are ready for rent. The property has a newer roof and a detached garage that can be used for storage or for additional income. Parking features include a driveway and garage.

The building is located at 727 Sherrod Avenue in Florence, Alabama, within walking distance of UNA. The property is served by public water and public sewer.

The site totals 0.17 acres, with an indicated property size of 3,300 square feet.

Key Highlights

  • Five‑unit apartment building at 727 Sherrod Avenue in Florence, AL
  • Four one‑bedroom, one‑bath units plus one two‑bedroom, one‑bath unit
  • 3 units currently occupied; 2 units recently fully redone and rent‑ready

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

446
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - A 5-unit apartment building with public water and sewer, newer roof, and a detached garage for storage or additional income.
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 at 727 Sherrod Avenue in Florence, AL; Four one‑bedroom, one‑bath units plus one two‑bedroom, one‑bath unit; 3 units currently occupied; 2 units recently fully redone and rent‑ready
More about this property
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