Multifamily

Greenville, AL Multifamily Properties for Sale

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Honoraville, AL Georgiana, AL Luverne, AL Rutledge, AL Forest Home, AL Fort Deposit, AL Mckenzie, AL Brantley, AL
Two-Story Cottage Converted to Apartments
Updated: May 14
Two-Story Cottage Converted to Apartments

120 Mckenzie Street, Greenville, AL 36037

$115,000
Converted two‑story cottage into upstairs/downstairs apartments
Upstairs/downstairs rental income: downstairs $700/month; upstairs $675/month
Vinyl siding recently installed on the exterior
Heat pump heating and cooling
Public water and public sewer
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40-Unit Multifamily Apartment Community
Updated: May 14
40-Unit Multifamily Apartment Community

50 School Highlands Rd, Greenville, AL 36037

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41,200 sqft
40‑unit multifamily property built in 1998
41,200 rentable SF multifamily community at 50 School Highlands Rd, Greenville, AL
LIHTC property with restrictions set to end in 2027 (burn‑off approaching)
Unit mix includes spacious 2- and 3‑bedroom apartments
Interior and site‑level renovations can take place concurrently
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Greenville, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Student Housing Community Near Troy
Student Housing Community Near Troy

826 S Three Notch Street, Troy, AL 36081

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123,860 sqft

Purpose-built student housing community located one mile from Troy University.

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Mobile Home & RV Park Land
Mobile Home & RV Park Land

0000 Mobile Highway, Letohatchee, AL 36047

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2.80 AC lot

Mobile homes on-site require removal prior to closing unless the buyer plans to rent the land.

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Land with Mobile Home Potential
Land with Mobile Home Potential

Mobile Highway, Letohatchee, AL 36047

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2.80 AC lot

2.8-acre land parcel in Letohatchee, Alabama, for sale.

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Mobile Home Park Community
Mobile Home Park Community

85 County Road 7717, Troy, AL 36081

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Year-round all-ages mobile home park on 3.6 acres with a mix of park-owned homes and tenant-owned homes.

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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.

Ramer, AL Land Parcel
Ramer, AL Land Parcel

23725 Woodley Road, Ramer, AL 36069

$60,000
10.00 AC lot

10-acre land parcel suitable for mobile home placement near US 231.

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Prime Land on US Hwy 231
Prime Land on US Hwy 231

Highway 231, Troy, AL 36079

$399,000
20.00 AC lot

20-acre commercial land with frontage on US Hwy 231.

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Land for Sale in Brewton
Land for Sale in Brewton

1 & 2 Jackson Cir, Brewton, AL 36426

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Land available in Brewton, Alabama.

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Wooded Land Parcel in Brewton
Wooded Land Parcel in Brewton

1 & 2 Jackson Cir, Brewton, AL 36426

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0.72 AC lot

Two parcels of land near Coastal Alabama Community College.

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Off-Market Properties in Greenville, AL

Consider similar Off-Market properties in Greenville, 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.

101 Adams St
GARDEN APT, COURT APT (5+ UNITS)

101 Adams St, Greenville, AL 36037-2600

Value Estimation by Request
2,160 sqft 0.11 AC lot
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2234 Halso Ml Rd
GARDEN APT, COURT APT (5+ UNITS)

2234 Halso Ml Rd, Greenville, AL 36037-7512

Value Estimation by Request
2,208 sqft
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Greenville, AL Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Greenville, AL on our real estate platform. These investment opportunities span a total of 41,200 square feet of properties for sale, with an estimated market value of $115,000.

Sale prices for multifamily properties in Greenville, AL average $115,000 — 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 1
Duplexes 1

Demographics Overview

Population 13K
Population Growth (5Y) -2.5%
Median Household Income $48,571
College Educated 21.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
36037 $115K

Taxes & Financing

Tax Rate (average for all types) 4.00%
Property Tax per SF $81.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Butler County

New Delisted

Total CRE Inventory on Market (SF)

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