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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 Gadsden, AL Rainbow City, AL Tuscumbia, AL Leighton, AL Cherokee, AL
    8 properties
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    Occupied Multifamily Rental Property
    Updated: Sep 3
    Occupied Multifamily Rental Property

    316 Crown St N, Florence, AL 35630

    $509,900
    1,560 sqft
    1,560‑square‑foot multifamily property
    Built in 1947
    Occupied residential rental property
    Approximately 9% cap rate with operating expenses included
    Public Sewer service
    View details
    5-Unit Apartment Building with Garage
    Updated: May 14
    5-Unit Apartment Building with Garage

    727 Sherrod Avenue, Florence, AL 35630

    $300,000
    3,300 sqft 0.17 AC lot
    Five apartment units totaling 3,300 Square Feet
    Unit mix includes four 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
    Three occupied units plus two fully redone, rent‑ready units
    Detached garage with garage and driveway parking
    Newer roof and approximately 0.17‑acre site
    View details
    Two-Unit Duplex Property
    Two-Unit Duplex Property

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

    $134,900
    2,521 sqft 0.36 AC lot

    Two attached residences on one parcel offer distinct layouts with kitchens, living areas, and separate bedroom configurations.

    View details
    See hot listings in Florence

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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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    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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    Two-Unit Duplex Property
    Two-Unit Duplex Property

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

    $134,900
    0.37 AC lot

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

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    8-Unit Multifamily Portfolio
    8-Unit Multifamily Portfolio

    701 Sweetwater Ave, Florence, AL 35630

    $649,900

    Residential rental properties in Florence, Tuscumbia, and Sheffield are offered together as one investment package.

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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.

    View details
    Based on your search, we've compiled 70 Potential Opportunities for your consideration. Besides 8 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 3 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.

    Brick Duplex
    Brick Duplex

    409 W Pasadena Ave, Muscle Shoals, AL 35661

    $249,900
    2,079 sqft 0.40 AC lot

    Both residences are rented, with two bedrooms in each unit and three parking spaces on site.

    View details
    18-Unit Townhome-Style Apartments
    18-Unit Townhome-Style Apartments

    2905 E 12th Ave, Sheffield, AL 35660

    $549,000
    1.32 AC lot

    Partially completed multifamily redevelopment with renovated studio layouts and separately metered units.

    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.

    View details
    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.

    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.

    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.

    View details
    Wooded Lot Ready for Home
    Wooded Lot Ready for Home

    LOT 28 County Road 279, Moulton, AL 35650

    $42,000

    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

    Estimated value:
    $245,000
    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

    Estimated value:
    $160,000
    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

    Estimated value:
    $245,000
    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

    Estimated value:
    $225,000
    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

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

    223 Hillsboro Cir, Florence, AL 35630-6201

    Estimated value:
    $190,000
    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

    Estimated value:
    $200,000
    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

    Estimated value:
    $250,000
    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

    Estimated value:
    $190,000
    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

    Estimated value:
    $260,000
    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

    Estimated value:
    $1,165,000
    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

    Estimated value:
    $180,000
    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

    Estimated value:
    $220,000
    1,695 sqft 0.23 AC lot
    View details
    211 Wesley Ct
    GARDEN APT, COURT APT (5+ UNITS)

    211 Wesley Ct, Florence, AL 35630-1486

    Estimated value:
    $180,000
    1,525 sqft 0.13 AC lot
    View details
    209 Allen Ct
    GARDEN APT, COURT APT (5+ UNITS)

    209 Allen Ct, Florence, AL 35630-1471

    Estimated value:
    $195,000
    1,563 sqft 0.17 AC lot
    View details
    221 Hillsboro Cir
    GARDEN APT, COURT APT (5+ UNITS)

    221 Hillsboro Cir, Florence, AL 35630-6201

    Estimated value:
    $230,000
    1,769 sqft 0.18 AC lot
    View details

    Florence, AL Multifamily Properties Market Trends and Statistics

    Explore 63 multifamily properties for sale in Florence, AL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 92,381 square feet of properties for sale, with an estimated market value of $1,954,600.

    Sale prices for multifamily properties in Florence, AL start at $134,900, averaging $325,766, and reaching up to $649,900 — 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 2
    Duplexes 2
    Short term rental properties 2
    Quadplexes 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 $345K

    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)

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near 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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