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    Florence, AL
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    Florence, AL Multifamily Properties for Sale

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    Muscle Shoals, AL Sheffield, AL Killen, AL Rainbow City, AL Tuscumbia, AL San Fernando, CA Cherokee, AL Gadsden, AL
    11 properties
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    Five-Unit Apartment Building with Detached Garage
    Updated: May 14
    Five-Unit Apartment Building with Detached Garage

    727 Sherrod Avenue, Florence, AL 35630

    $300,000
    3,300 sqft 0.17 AC lot
    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
    Newer roof and detached garage for storage or additional income
    0.17 acres and 3,300 SF total size
    View details
    Duplex Property Near UNA
    Updated: Jun 22
    Duplex Property Near UNA

    806/ 806 1/2 Hermitage Dr, Florence, AL 35630

    $142,000
    2,521 sqft 0.36 AC lot
    2,521 square feet on a 0.36‑acre parcel
    B1 zoning
    Unit 806 includes 3 bedrooms and 1 bathroom
    Unit 806 1/2 includes 2 bedrooms, 1 full bathroom, and 1 half bathroom
    Built in 1940
    View details
    Quadplex with Separate Entrances
    Quadplex with Separate Entrances

    213 E Mattielou St, Florence, AL 35630

    $225,000
    2,200 sqft 0.20 AC lot

    Residential property with varied unit layouts, central HVAC in the main residence, and furniture and appliances included.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-House Multifamily Package
    Three-House Multifamily Package

    921 Military Rd, Florence, AL 35630

    $150,000
    1,088 sqft

    Includes one house already gutted for renovation and sits near the University of North Alabama.

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    Two-Unit Duplex Property
    Two-Unit Duplex Property

    806/806 1/2 Hermitage Dr, Florence, AL 35630

    $142,000
    0.37 AC lot

    Two residences occupy one parcel with distinct layouts and shared residential and business zoning.

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    Three-House Multifamily Property
    Three-House Multifamily Property

    921 Military Rd, Florence, AL 35630

    $150,000
    1,088 sqft 0.17 AC lot

    Three-house package with one gutted structure and R1 zoning near UNA.

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    Student Housing Investment Opportunity
    Student Housing Investment Opportunity

    Nellie Ave, Florence, AL 35630

    Contact for pricing
    80,000 sqft

    Two renovated apartment buildings near the University of North Alabama.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    602 E Tuscaloosa St, Florence, AL 35630

    $445,000

    RB-zoned property combines residential occupancy with recently updated core building systems.

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    Triplex with Private Outdoor Spaces
    Triplex with Private Outdoor Spaces

    515 E Tuscaloosa St, Florence, AL 35630

    $325,000

    Each residence includes a full kitchen, living room, and laundry hookups.

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    University-Leased Student Housing Portfolio
    University-Leased Student Housing Portfolio

    748 Nellie Ave, Florence, AL 35630

    Contact for pricing
    5.70 AC lot

    Stabilized, master-leased student housing portfolio adjacent to the University of North Alabama.

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    Historic Home with Income Potential
    Historic Home with Income Potential

    28 Shoals Blvd, Florence, AL 35630

    Contact for pricing
    2,800 sqft

    Multi-unit property with Airbnb income, near college.

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    Based on your search, we've compiled 74 Potential Opportunities for your consideration. Besides 11 Active listings in Florence, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 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.

    Sheffield Multifamily Redevelopment Opportunity
    Sheffield Multifamily Redevelopment Opportunity

    2905 E 12th Ave, Sheffield, AL 35660

    $549,000
    1.32 AC lot

    Multifamily redevelopment with 18 renovated units, ready for completion.

    View details
    Side-by-Side Duplexes with 4 Units
    Side-by-Side Duplexes with 4 Units

    1107 E 31st St, Sheffield, AL 35660

    $229,900

    Corner-lot property with occupied residences near shopping, dining, and entertainment.

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    Mobile Home Park with Pads
    Mobile Home Park with Pads

    2250 Ford Rd, Muscle Shoals, AL 35661

    $895,000
    10.00 AC lot

    Mobile home park featuring 47 pads with essential utility hookups.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    1908 Webster St, Muscle Shoals, AL 35661

    Contact for pricing
    1.57 AC lot

    Four currently rented units on 1.57 acres, including three two-bedroom log cabins and one newer three-bedroom home.

    View details

    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.

    Residential Lot with Septic Tank
    Residential Lot with Septic Tank

    2069 Hwy 60, Russellville, AL 35654

    $32,000
    0.36 AC lot

    0.36 acre lot with utilities and septic tank.

    View details
    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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    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.

    View details
    Unrestricted Acreage Near Pickwick Lake
    Unrestricted Acreage Near Pickwick Lake

    3310 HOLLAND CREEK Rd, Savannah, TN 38372

    $149,999
    14.24 AC lot

    14.24 acres near Rainbow Falls and Pickwick Lake.

    View details

    Off-Market Properties in Florence, AL

    Consider similar Off-Market properties in Florence, 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.

    213 Allen Ct
    GARDEN APT, COURT APT (5+ UNITS)

    213 Allen Ct, Florence, AL 35630-1471

    $245,000
    Estimated value
    1,866 sqft 0.18 AC lot
    View details
    229 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    229 Hillsboro Cir, Florence, AL 35630-6201

    $160,000
    Estimated value
    2,151 sqft 0.14 AC lot
    View details
    227 Westmeade Ct
    GARDEN APT, COURT APT (5+ UNITS)

    227 Westmeade Ct, Florence, AL 35630-6703

    $245,000
    Estimated value
    1,906 sqft 0.20 AC lot
    View details
    207 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    207 Wesley Ct, Florence, AL 35630-1486

    $225,000
    Estimated value
    1,786 sqft 0.10 AC lot
    View details
    122 Silver Leaf Ln
    APARTMENT HOUSE (5+ UNITS)

    122 Silver Leaf Ln, Florence, AL 35633-4341

    $305,000
    Estimated value
    0.20 AC lot
    View details
    223 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    223 Hillsboro Cir, Florence, AL 35630-6201

    $190,000
    Estimated value
    1,769 sqft 0.20 AC lot
    View details
    203 William Ct
    GARDEN APT, COURT APT (5+ UNITS)

    203 William Ct, Florence, AL 35630-1437

    $200,000
    Estimated value
    1,527 sqft 0.19 AC lot
    View details
    216 Westmeade Ct
    GARDEN APT, COURT APT (5+ UNITS)

    216 Westmeade Ct, Florence, AL 35630-6704

    $250,000
    Estimated value
    1,959 sqft 0.21 AC lot
    View details
    241 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    241 Hillsboro Cir, Florence, AL 35630-6201

    $190,000
    Estimated value
    1,527 sqft 0.16 AC lot
    View details
    205 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    205 Wesley Ct, Florence, AL 35630-1486

    $260,000
    Estimated value
    2,108 sqft 0.14 AC lot
    View details
    277 Woodcastle Dr
    GARDEN APT, COURT APT (5+ UNITS)

    277 Woodcastle Dr, Florence, AL 35630-6203

    $1,165,000
    Estimated value
    1,811 sqft 0.17 AC lot
    View details
    207 Allen Ct
    GARDEN APT, COURT APT (5+ UNITS)

    207 Allen Ct, Florence, AL 35630-1471

    $180,000
    Estimated value
    1,701 sqft 0.23 AC lot
    View details
    215 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    215 Wesley Ct, Florence, AL 35630-1486

    $220,000
    Estimated value
    1,695 sqft 0.23 AC lot
    View details

    Florence, AL Multifamily Properties Market Trends and Statistics

    Explore 66 multifamily properties for sale in Florence, AL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 92,997 square feet of properties for sale, with an estimated market value of $1,879,000.

    Sale prices for multifamily properties in Florence, AL start at $142,000, averaging $234,875, and reaching up to $445,000 — 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 3
    Duplexes 3
    Short term rental properties 3
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 65K
    Population Growth (5Y) +1.2%
    Median Household Income $55,460
    College Educated 23.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    35630 $407.7K
    35634 $519.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lauderdale County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Popular Searches in Florence, AL

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    Most Searched ZIP Codes in Florence, AL

    • 35630

    Featured Florence Real Estate Agencies

    Realmo connects you with licensed Florence CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    The Agency on Pine
    417 North Pine Street Florence, AL 35630
    Phone: 12566485922
    judyyoung.net
    Neese Real Estate
    101 S. Court St Florence, AL 35630
    Phone: 12567677000
    www.shirleyneese.com

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