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Athens, AL Multifamily Properties for Sale

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Elkmont, AL Rogersville, AL Tanner, AL Decatur, AL Trinity, AL Lester, AL Courtland, AL Anderson, AL
14-Unit Apartment Building
Updated: Apr 11
14-Unit Apartment Building

206 Cloverleaf Dr, Athens, AL 35611

Contact for pricing
11,094 sqft
14‑unit apartment community
11,094 square feet combined; average unit size of 792.43 square feet
Built in 1960
Some units are partially renovated
100% occupied
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12-Unit Apartment Community with Brick
Updated: Apr 11
12-Unit Apartment Community with Brick

12055 Lawngate Road, Athens, AL 35611

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14,060 sqft
12‑unit apartment community consisting of 6 primarily brick buildings
Unit mix: 8 units with 3BR/2BA at 1,225 SF each and 4 units with 2BR/2BA at 1,065 SF each
Tar‑and‑gravel pitched roofs
Mostly brick exterior construction that may support lower recurring maintenance and capital costs
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Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

20609 Elkton Rd, Athens, AL 35614

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The unit mix includes four two-bedroom residences and one one-bedroom residence.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Modern Duplex Investment Opportunity
Modern Duplex Investment Opportunity

12208 Beech Fork Lane, Athens, AL 35611

$362,000

Income-producing duplex built in 2019, each unit with 3BR/3BA.

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84-Unit Apartment Community
84-Unit Apartment Community

18103 Mae Cir, Athens, AL 35611

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Townhome-style residences offer multiple bedroom layouts, private garages, covered patios, and designated parking.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Athens, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Well-Maintained Quadplex Rental
Well-Maintained Quadplex Rental

201 8th SW Avenue, Decatur, AL 35601

$399,999
850 sqft

Four updated two-bedroom units with ample parking and a fenced yard provide turnkey residential income.

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Decatur Multifamily Investment Opportunity
Decatur Multifamily Investment Opportunity

201 8th Ave SW, Decatur, AL 35601

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3,448 sqft

Value-add multifamily property in Decatur, Alabama with potential upside.

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Updated Quadplex with Fenced Yard
Updated Quadplex with Fenced Yard

201 8TH AVENUE, Decatur, AL 35601

$349,900

Four residential units feature refreshed interiors, off-street parking, outdoor space, and tenant storage.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

205 8th Ave SW, Decatur, AL 35601

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Well-suited for income purposes, this four-unit multifamily property offers four rental units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Retail Centers
Commercial Land Near Retail Centers

30633 Highway 72, Madison, AL 35758

$2,500,000
800 sqft 4.20 AC lot

Unzoned acreage positioned near major retail, residential, and medical developments in Madison.

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One-Acre County Lot
One-Acre County Lot

761 Co Rd 368, Trinity, AL 35673

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1.00 AC lot

Spacious one-acre lot, mobile homes allowed.

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Wooded Lot Ready for Home
Wooded Lot Ready for Home

LOT 28 County Road 279, Moulton, AL 35650

$44,000

Wooded lot with public utilities, suitable for various homes.

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Wooded Lot in Moulton, AL
Wooded Lot in Moulton, AL

County Road 279 lot: 30, Moulton, AL 35650

$45,000
4.50 AC lot

4.5-acre wooded lot suitable for mobile or stick-built homes.

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Off-Market Properties in Athens, AL

Consider similar Off-Market properties in Athens, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

17920 Longleaf Dr
APARTMENT HOUSE (5+ UNITS)

17920 Longleaf Dr, Athens, AL 35611-7376

$460,000
Estimated value
0.25 AC lot
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26350 Woodfield Dr
APARTMENT HOUSE (5+ UNITS)

26350 Woodfield Dr, Athens, AL 35613-8719

$450,000
Estimated value
0.31 AC lot
View details
17775 Eastmoor St
APARTMENT HOUSE (5+ UNITS)

17775 Eastmoor St, Athens, AL 35611-2219

$360,000
Estimated value
0.18 AC lot
View details
Bay Vlg Dr
CAMPGROUND, RV PARK

Bay Vlg Dr, Athens, AL 35611

Value Estimation by Request
0.08 AC lot
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26222 Woodfield Dr
APARTMENT HOUSE (5+ UNITS)

26222 Woodfield Dr, Athens, AL 35613-8720

$510,000
Estimated value
0.31 AC lot
View details
26294 Woodfield Dr
APARTMENT HOUSE (5+ UNITS)

26294 Woodfield Dr, Athens, AL 35613-8720

$545,000
Estimated value
0.35 AC lot
View details
26238 Woodfield Dr
APARTMENT HOUSE (5+ UNITS)

26238 Woodfield Dr, Athens, AL 35613-8720

$500,000
Estimated value
0.32 AC lot
View details
17788 Eastmoor St
APARTMENT HOUSE (5+ UNITS)

17788 Eastmoor St, Athens, AL 35611-2206

$390,000
Estimated value
0.34 AC lot
View details
16713 Demi Dr
APARTMENT HOUSE (5+ UNITS)

16713 Demi Dr, Athens, AL 35613-6217

$405,000
Estimated value
0.20 AC lot
View details
26229 Woodfield Dr
APARTMENT HOUSE (5+ UNITS)

26229 Woodfield Dr, Athens, AL 35613-8720

$460,000
Estimated value
0.29 AC lot
View details
27138 Rabbit Run
APARTMENT HOUSE (5+ UNITS)

27138 Rabbit Run, Athens, AL 35613-5677

$255,000
Estimated value
0.21 AC lot
View details
16701 Demi Dr
APARTMENT HOUSE (5+ UNITS)

16701 Demi Dr, Athens, AL 35613-6217

$305,000
Estimated value
0.20 AC lot
View details
16688 Demi Dr
APARTMENT HOUSE (5+ UNITS)

16688 Demi Dr, Athens, AL 35613-6183

$300,000
Estimated value
0.19 AC lot
View details
26133 Woodfield Dr
APARTMENT HOUSE (5+ UNITS)

26133 Woodfield Dr, Athens, AL 35613-8800

$475,000
Estimated value
0.29 AC lot
View details
27269 Mckenna Dr
APARTMENT HOUSE (5+ UNITS)

27269 Mckenna Dr, Athens, AL 35613-5669

$290,000
Estimated value
View details
18592 Cottontail Ln
APARTMENT HOUSE (5+ UNITS)

18592 Cottontail Ln, Athens, AL 35613-5673

$250,000
Estimated value
0.33 AC lot
View details
27111 Rabbit Run
APARTMENT HOUSE (5+ UNITS)

27111 Rabbit Run, Athens, AL 35613-5678

$280,000
Estimated value
0.21 AC lot
View details
17830 Eastmoor St
APARTMENT HOUSE (5+ UNITS)

17830 Eastmoor St, Athens, AL 35611-2259

$360,000
Estimated value
0.34 AC lot
View details
27126 Rabbit Run
APARTMENT HOUSE (5+ UNITS)

27126 Rabbit Run, Athens, AL 35613-5677

$245,000
Estimated value
0.21 AC lot
View details

Athens, AL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Athens, AL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 25,154 square feet of properties for sale, with an estimated market value of $362,000.

Sale prices for multifamily properties in Athens, AL average $362,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 4
Duplexes 1

Demographics Overview

Population 60K
Population Growth (5Y) +0.4%
Median Household Income $74,404
College Educated 26.9%

High-Yield Neighborhoods for Investment

Identify Athens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
35611 $362K

Taxes & Financing

Tax Rate (average for all types) 3.71%
Property Tax per SF $94.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Limestone County

New Delisted

Total CRE Inventory on Market (SF)

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