Alabama Multifamily properties for sale

Updated: Oct 6

Four-Cabin Short-Term Rental

1975 COUNTY ROAD 275, Fort Payne, AL 35967

$1,350,000

4,670 sqft 8.85 AC lot

Four cabins totaling 4,670 square feet on 8.85 acres
Lodge has 4 bedrooms and 4.5 bathrooms
Each of 3 cabins has 1 bedroom, a loft, and 1 bathroom
Each dwelling has its own patio, fire pit, and hot tub
4.65 acres fenced, plus 4.2 wooded acres

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Updated: Oct 20

8-Unit Apartment Building

2019 Hackberry Lane, Tuscaloosa, AL 35401

$1,675,000

9,560 sqft 0.78 AC lot

8 apartments: seven 2‑bedroom, 2‑bath units and one 3‑bedroom, 2‑bath unit
9,560 square feet on 0.78 acres
Granite countertops, stainless steel appliances and crown molding
Step‑up bedroom ceilings and sprinkler systems in the units
Near The University of Alabama

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10-Unit Apartment Building Portfolio

467 Eufaula St, Ozark, AL 36360

$699,900

9,856 sqft 0.30 AC lot

Three-building residential income portfolio with individually metered utilities and access to a community pool.

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Duplex with Original Character

1001/1003 Locust Avenue, Huntsville, AL 35801

$535,000

7,841 sqft

Each residence has two bedrooms and a dedicated laundry room, with parking access from California Street.

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8-Unit Apartment Building

214 Cody Lane, Foley, AL 36535

$1,500,000

10,400 sqft 1.70 AC lot

Six apartments are occupied, while two vacant units are available for viewing.

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7-Unit Vacation Rental Property

6555 S SAUTY ROAD, Langston, AL 35755

$1,225,000

6,051 sqft 2.90 AC lot

Seven cottages and cabins provide a multi-unit lodging setup near Lake Guntersville.

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Six-Unit Apartment Building

800 HUNDLEY DRIVE NW, Huntsville, AL 35801

$560,000

4,465 sqft 0.27 AC lot

A three-level residential layout includes five two-bedroom units, one one-bedroom unit, and coin-operated laundry.

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5-Unit Apartment Property

156-A Dudley Lane, Owens Cross Roads, AL 35763

$585,000

104,544 sqft 2.40 AC lot

The property combines detached residences with a triplex and offers one- and two-bedroom floor plans.

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Gulf-Front Duplex with Private Beach

3014 Ponce De Leon Court, Gulf Shores, AL 36542

$2,599,000

6,558 sqft

Renovated, furnished duplex with screened porches, Gulf views, and direct access to its privately owned beach.

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Duplex with Original Architectural Details

1001/1003 Locust Avenue, Huntsville, AL 35801

$535,000

2,545 sqft 0.18 AC lot

Each residence includes two bedrooms and a dedicated laundry room.

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8-Unit Apartment Building

2212 NW Jonathan Drive, Huntsville, AL 35810

$520,000

13,504 sqft

Eight two-bedroom residences include renovated flooring and cabinetry in four apartments.

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Duplex with Private Pool

1389 W Lagoon Avenue, Gulf Shores, AL 36542

$700,000

2,994 sqft 0.29 AC lot

Both residences have three bedrooms, two bathrooms, and separate decks.

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Six-Unit Multifamily Property

3985 COUNTY ROAD 203, Danville, AL 35619

$585,000

4,890 sqft 1.60 AC lot

Six occupied rentals combine manufactured homes and updated tiny homes on a 1.6-acre site.

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8-Unit Apartment Building

2019 Hackberry Ln, Tuscaloosa, AL 35401

$1,675,000

9,560 sqft

Interior finishes include granite counters, stainless steel appliances, crown molding, and step-up bedroom ceilings.

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Multifamily Income Property

603 SPARKMAN STREET SW, Hartselle, AL 35640

$810,000

4,225 sqft 0.82 AC lot

For-sale multifamily building on Sparkman Street SW in Hartselle, suited for residential rental operations.

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Short-Term Rental Property with Multiple Units

422 MOUNTAINVIEW CIRCLE, Langston, AL 35755

$600,000

10,000 sqft 7.00 AC lot

Commercial-zoned lodging property about one mile from South Sauty on Lake Guntersville.

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Six-Unit Apartment Building

800 NW Hundley Drive, Huntsville, AL 35801

$560,000

11,761 sqft

Three-story multifamily property with varied unit layouts, coin-operated laundry, and a paved parking area.

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Six-Unit Apartment Building

1300 Illinois Street, Mobile, AL 36604

$600,000

2,666 sqft 0.16 AC lot

Four furnished short-term rentals and two long-term units create a mixed rental configuration.

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Seven-Unit Vacation Rental Property

6555 South Sauty Road, Langston, AL 35755

$1,225,000

6,051 sqft

Four cottages and three cabins are complemented by guest amenities including a pavilion and fish-cleaning station.

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8-Unit Apartment Building

2212 Jonathan Drive NW, Huntsville, AL 35810

$520,000

7,168 sqft 0.31 AC lot

Eight two-bedroom residences include central heating and air conditioning, with four units upgraded.

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Four-Unit Residential Quadplex

6201 Friar Tuck Drive, Huntsville, AL 35806

$520,000

3,189 sqft

Each residence combines an eat-in kitchen and living area with private laundry and outdoor porches.

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Updated Duplex

432 Dune Drive, Gulf Shores, AL 36542

$1,170,000

2,630 sqft 0.25 AC lot

Separate living sides support extended-family occupancy or rental use, including the option to occupy one side and rent the other.

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Gulf-Front Furnished Duplex

3014 Ponce De Leon Ct Unit A&b, Gulf Shores, AL 36542

$2,599,000

6,558 sqft

Fully furnished two-unit property with private beach access, multiple Gulf-facing decks, and professionally managed rental operations.

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Four-Unit Residential Quadplex

6201 FRIAR TUCK DRIVE, Huntsville, AL 35806

$520,000

3,189 sqft

All four residences offer two bedrooms, two full bathrooms, and private outdoor porches.

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Alabama Multifamily Properties Market Trends and Statistics

Explore 690 multifamily properties for sale in Alabama, showcased through 690 active listings on our real estate platform. These investment opportunities span a total of 2,827,255 square feet of properties for sale, with an estimated market value of $358,659,537.

Sale prices for multifamily properties in Alabama start at $37,125, averaging $560,405, and reaching up to $16,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.