Alabama Multifamily properties for sale

Updated: Aug 31

Coastal Multifamily Unit With Pool

1389 W Lagoon Avenue, Gulf Shores, AL 36542

$550,000

1,497 sqft 0.29 AC lot

1,497‑square‑foot multifamily unit with 3BR/2BA layout
0.2868‑acre property zoned MultiFamily
Public access to the Gulf of America and Little Lagoon nearby
Pool with surrounding decking plus private deck, patio, and porch
Covered parking with room for vehicles, boats, and RVs

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Updated: Aug 5

10-Unit Apartment Building Portfolio

467 Eufaula St, Ozark, AL 36360

$799,900

9,856 sqft 0.30 AC lot

10 townhome units across 3 buildings
Unit ownership is allocated as 4 units in Building 1, 3 in Building 2, and 3 in Building 3
9,856 square feet on 0.3 acres
Each unit includes 2 bedrooms, 1 full bath, and 1 half bath
Individual electric and water meters serve each unit

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18-Unit Apartment Building

Schoel Lane, Gulf Shores, AL 36542

$2,499,000

15,336 sqft 1.07 AC lot

Two-bedroom residences feature laundry hookups, tile flooring, porches, and central heating and cooling.

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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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Beach-Access Duplex Unit

1389 W Lagoon Avenue, Gulf Shores, AL 36542

$550,000

1,497 sqft 0.29 AC lot

Coastal unit with private outdoor space, pool amenities, covered parking, and no HOA restrictions.

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Duplex with Private Pool

1389 W Lagoon Avenue, Gulf Shores, AL 36542

$1,000,000

2,994 sqft 0.29 AC lot

Multifamily property with two three-bedroom residences, individual decks, lagoon access, and flexible owner-use or rental potential.

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Renovated Brick Quadplex

704 Denson Avenue SW, Cullman, AL 35055

$535,000

4,187 sqft 0.35 AC lot

Four two-bedroom residences with recent updates, central air, public utilities, and on-site parking.

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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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Three-Story Six-Unit Apartment Building

800 Hundley Drive NW, Huntsville, AL 35801

$560,000

4,465 sqft 0.27 AC lot

Multifamily property with varied unit layouts, on-site laundry, paved parking, and public utilities.

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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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Newly Built Duplexes Fully Occupied

109 & 115 Aurora Drive, Huntsville, AL 35811

$1,400,000

21,780 sqft

New duplexes built in 2025 and fully occupied, offering two distinct unit layouts with modern interior finishes.

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16-Unit Apartment Building

1614 SE Somerville Road, Decatur, AL 35601

$1,595,000

16,764 sqft 0.90 AC lot

Renovated multifamily property with covered and additional off-street parking.

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Multifamily Property with RV Rentals

422 Mountainview Circle, Langston, AL 35755

$799,000

10,000 sqft 7.00 AC lot

Multiple residential units and RV rental accommodations support varied operating uses across the property.

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Rebuilt Duplex with Detached Outbuilding

115 Drake Avenue, Auburn, AL 36830

$625,000

1,012 sqft

Two leased units and a separate rear structure provide a flexible residential income property configuration.

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Three-Home Multifamily Property

12101 Stonegate Drive, Huntsville, AL 35803

$999,900

5,398 sqft 2.40 AC lot

Occupied residences provide existing rental use on a level tract with public water and sewer.

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Updated Mobile Home Park

3985 County Road 203, Danville, AL 35619

$585,000

4,890 sqft 1.60 AC lot

Updated rental community with a mix of manufactured and tiny homes, public water, and septic service.

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Mobile Home and RV Park

3103 County Road 212, Lanett, AL 36863

$549,900

1,764 sqft

County water is available, with existing rental lots and park-owned residential units.

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Six-Unit Studio Apartment Building

4009 Marie Avenue, Huntsville, AL 35816

$565,000

2,797 sqft 0.34 AC lot

Studios include open kitchens, spacious living areas, and alcoves suitable for dedicated sleeping areas.

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Three-Building Mixed-Use Property

1488 Pearson SW Avenue, Birmingham, AL 35211

$125,000

4,033 sqft

Combines retail space with an occupied three-bedroom residence and a separate garage apartment.

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Resort with Vacation Rentals

6555 S Sauty Road, Langston, AL 35755

$1,250,000

6,051 sqft 2.90 AC lot

Short-term lodging property with covered boat shelters, a guest pavilion, and a fish-cleaning station.

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8-Unit Apartment Building

520 Drake Ave, Lafayette, AL 36862

$350,000

6,660 sqft

Eight apartments offer two-bedroom layouts with kitchens, walk-in closets, and open living and dining areas.

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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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Renovated Furnished Apartment Building

1028 22nd St S, Birmingham, AL 35205

$1,195,000

4,440 sqft

Fully renovated, furnished 8-unit apartment building operating as short-term rentals.

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Updated Four-Unit Multifamily Property

3504 Penny Street SW, Huntsville, AL 35805

$550,000

4,428 sqft 0.30 AC lot

Four-unit residential income property with recent roof, interior, appliance, plumbing, and window improvements.

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Alabama Multifamily Properties Market Trends and Statistics

Explore 663 multifamily properties for sale in Alabama, showcased through 663 active listings on our real estate platform. These investment opportunities span a total of 2,253,101 square feet of properties for sale, with an estimated market value of $310,470,797.

Sale prices for multifamily properties in Alabama start at $30,000, averaging $518,315, 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.