737 40th Place, Fairfield, AL 35064

Building Details

Year Built

1920

Listing agent Margie Beth Shaw License #AL 000101851

Listing office Keller Williams | MB Group

Listing date Jun 12, 2026

Source Crexi

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Overview

This classic two-story brick and frame multifamily offers a front porch for each unit and updated building components throughout. All units have new windows and doors, and the electrical throughout the building has been brought to code. Two of the units have been updated with finishes and kitchen and bath improvements, including fresh paint, flooring, cabinetry, and new appliances. Each unit provides 1,009 square feet with a large living room, a private porch off the living room, and two large bedrooms separated for privacy. The layout includes lots of closets and storage, plus a designated washer and dryer space that is plumbed near the bathroom. Each unit has a full bath, and separate water meters serve the building.

The exterior has recently been cleaned, and new chimney caps have been installed. A back exit leads directly to a large parking lot with space for 10+ cars, supported by additional parking on site.

The property is listed for sale at 737 40th Place, Fairfield, AL 35064, and is described as Section 8 compliant. Reported rents range from $550 to $1,000, providing a starting point for tenants or investors evaluating the unit mix and condition.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fairfield

County

Jefferson

State

Alabama

Longitude

-86.9067478

Latitude

33.4929474

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FAQs

What type of property is this?

Multifamily property - Updated two-unit multifamily with private porches and separate water meters, plus parking for 10+ cars.

Where is this multifamily property located?

The property is located at 737 40th Place Fairfield, 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: Updated 2‑unit multifamily in a brick and frame building built in 1920; Each unit is 1,009 SF with two large bedrooms, full bath, closets, and storage; Units have been updated with new windows and doors; electrical brought to code