Florence, AL Multifamily Properties for Sale

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Muscle Shoals, AL Sheffield, AL Cullman, AL Killen, AL Rainbow City, AL Tuscumbia, AL Leighton, AL Crane Hill, AL

16 properties

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Updated: Apr 21

Renovated Three-Unit Income Property

304 Plum St, Florence, AL 35630

$264,900

3,078 sqft 0.13 AC lot

Three‑unit property built in 1935 with renovated units and current tenants
Public sewer; heating includes central and wall furnace
Cooling includes central air and window unit(s), plus 2 mobile A/C units
Patio included
All appliances remain with the units

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Updated: Jun 22

Two-Unit Residential Income Property

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

$184,900

2,521 sqft 0.36 AC lot

Year built 1940 with two properties on one parcel near UNA
Zoned for residential/business use
Unit 806: 3 bedrooms, 1 bath, and a kitchen open to dining and living areas
Unit 806 1/2: open‑concept kitchen and living area with a half bath on the main level
Unit 806 1/2: 2 bedrooms with a full bath on the second level

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Five-Unit Multifamily Near UNA

727 Sherrod Avenue, Florence, AL 35630

$315,000

3,300 sqft 0.17 AC lot

Five-unit apartment building near UNA, with income potential.

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Duplex with Two Distinct Units

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

$184,900

2,521 sqft

Two-unit residential income property on one parcel, zoned for residential or business use near UNA.

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Florence Multifamily Investment Opportunity

213 E Mattielou St, Florence, AL 35630

$225,000

2,200 sqft 0.20 AC lot

Four-unit property near UNA, ideal for investment or Airbnb.

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Duplex with Two Separate Units

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

$184,900

0.37 AC lot

Two-unit duplex on one parcel offers flexible residential layouts under B1 residential/business zoning.

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North Florence Investment Property

1208 Wood Ave, Florence, AL 35630

$649,000

6,000 sqft

Three-unit investment property in North Florence with long-term leases.

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Six-Unit Duplex Investment Property

623 Rivermont Road, Florence, AL 35630

$549,900

Six-unit multifamily property made up of three duplexes, positioned behind a major agricultural events center in development.

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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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Fully Renovated Triplex with Tenants

304 Plum St, Florence, AL 35630

$269,900

Three fully renovated units with appliances included, plus mobile A/C units and security cameras at entry doors.

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Historic Mixed-Use Building with Retail

215 N Court ST A,B,C, Florence, AL 35630

$1,250,000

Restored circa-1920 mixed-use building with fully leased street-level retail and two designer-finished short-term rental residences.

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Five-Unit Multifamily Property Near UNA

727 Sherrod Avenue, Florence, AL 35630

$315,000

Five-unit apartment building near UNA, with income potential.

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Historic Home with Income Potential

28 Shoals Blvd, Florence, AL 35630

$499,000

2,800 sqft

Multi-unit property with Airbnb income, near college.

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Investment Property Near UNA

213 E Mattielou St, Florence, AL 35630

$225,000

Four-unit property near UNA, great investment opportunity.

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Renovated Duplex with New Appliances

1034 N Royal Ave, Florence, AL 35630

$160,000

Recently renovated duplex featuring new appliances and updated interiors.

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Florence Multifamily Investment Opportunity

106 Doris Ln A and B, Florence, AL 35630

$160,000

Multifamily property with growth potential in Florence, Alabama.

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Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 16 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

2905 E 12th Ave, Sheffield, AL 35660

$549,000

1.32 AC lot

Multifamily redevelopment with 18 renovated units, ready for completion.

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Duplex-Style Residential Income Property

997 Main Street, Moulton, AL 35650

$200,000

1,648 sqft 0.37 AC lot

Duplex-style income property in Moulton, offering a compact site and manageable total size.

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Multifamily Townhome Redevelopment

2905 East 12th Avenue, Sheffield, AL 35660

$549,000

7,110 sqft

Redevelopment project with 18 renovated townhome-style units and separate utilities, plus additional on-site space for flexible uses.

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Mobile Home Park Investment Opportunity

464 County Road 237, Moulton, AL 35650

$315,000

0.50 AC lot

Four mobile homes on 0.50 acres with income potential.

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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.

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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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.

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Creekfront Land in Savannah, TN

124 Launch Ramp Cove, Savannah, TN 38372

$39,900

0.53 AC lot

Creekfront lot with water access, ideal for recreation.

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Waterfront RV Lot on Kentucky Lake

403 Hardin Btm Road, Clifton, TN 38425

$60,000

0.63 AC lot

0.63-acre RV lot on Kentucky Lake in Paradise Landing.

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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.

GARDEN APT, COURT APT (5+ UNITS)

213 Allen Ct, Florence, AL 35630-1471

Value Estimation by Request

1,866 sqft 0.18 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

229 Hillsboro Cir, Florence, AL 35630-6201

Value Estimation by Request

2,151 sqft 0.14 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

227 Westmeade Ct, Florence, AL 35630-6703

Value Estimation by Request

1,906 sqft 0.20 AC lot

View details

GARDEN APT, COURT APT (5+ UNITS)

207 Wesley Ct, Florence, AL 35630-1486

Value Estimation by Request

1,786 sqft 0.10 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

122 Silver Leaf Ln, Florence, AL 35633-4341

Value Estimation by Request

0.20 AC lot

View details

GARDEN APT, COURT APT (5+ UNITS)

223 Hillsboro Cir, Florence, AL 35630-6201

Value Estimation by Request

1,769 sqft 0.20 AC lot

View details

GARDEN APT, COURT APT (5+ UNITS)

203 William Ct, Florence, AL 35630-1437

Value Estimation by Request

1,527 sqft 0.19 AC lot

View details

GARDEN APT, COURT APT (5+ UNITS)

216 Westmeade Ct, Florence, AL 35630-6704

Value Estimation by Request

1,959 sqft 0.21 AC lot

View details

Florence, AL Multifamily Properties Market Trends and Statistics

Explore 71 multifamily properties for sale in Florence, AL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 22,420 square feet of properties for sale, with an estimated market value of $2,322,700.

Sale prices for multifamily properties in Florence, AL start at $184,900, averaging $331,814, and reaching up to $649,000 — 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

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	$415.4K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lauderdale County

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Florence, AL Multifamily Properties for Sale

304 Plum St, Florence, AL 35630

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

727 Sherrod Avenue, Florence, AL 35630

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

213 E Mattielou St, Florence, AL 35630

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

1208 Wood Ave, Florence, AL 35630

623 Rivermont Road, Florence, AL 35630

Nellie Ave, Florence, AL 35630

304 Plum St, Florence, AL 35630

215 N Court ST A,B,C, Florence, AL 35630

727 Sherrod Avenue, Florence, AL 35630

28 Shoals Blvd, Florence, AL 35630

213 E Mattielou St, Florence, AL 35630

1034 N Royal Ave, Florence, AL 35630

106 Doris Ln A and B, Florence, AL 35630

Opportunities in Nearby Cities

2905 E 12th Ave, Sheffield, AL 35660

997 Main Street, Moulton, AL 35650

2905 East 12th Avenue, Sheffield, AL 35660

464 County Road 237, Moulton, AL 35650

Potential Development Sites for Consideration

County Road 279 lot: 30, Moulton, AL 35650

3310 HOLLAND CREEK Rd, Savannah, TN 38372

124 Launch Ramp Cove, Savannah, TN 38372

403 Hardin Btm Road, Clifton, TN 38425

Off-Market Properties in Florence, AL

213 Allen Ct, Florence, AL 35630-1471

229 Hillsboro Cir, Florence, AL 35630-6201

227 Westmeade Ct, Florence, AL 35630-6703

207 Wesley Ct, Florence, AL 35630-1486

122 Silver Leaf Ln, Florence, AL 35633-4341

223 Hillsboro Cir, Florence, AL 35630-6201

203 William Ct, Florence, AL 35630-1437

216 Westmeade Ct, Florence, AL 35630-6704

Florence, AL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Need Help?

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