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    Lafayette, AL
    Multifamily

    Lafayette, AL Multifamily Properties for Sale

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    Lanett, AL Five Points, AL Camp Hill, AL Waverly, AL Auburn, AL Roanoke, AL Cusseta, AL Opelika, AL
    8-Unit Apartment Building
    Updated: Aug 28
    8-Unit Apartment Building

    520 DRAKE Avenue, Lafayette, AL 36862

    $350,000
    6,660 sqft 1.71 AC lot
    8‑unit apartment property with 6,660 square feet
    Each unit includes 2 bedrooms and 1 bathroom
    Individual layouts feature walk‑in closets and open living‑dining areas
    Flooring and paint updates completed in each apartment; some include new appliances
    1.71‑acre property built in 1978
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    Lafayette Multifamily Investment Opportunity
    Updated: Mar 25
    Lafayette Multifamily Investment Opportunity

    251 1ST Street NE, Lafayette, AL 36862

    $115,000
    2,800 sqft 2.06 AC lot
    Multiple income‑producing units: single‑family home, duplex, and two garage apartments, totaling 5 units.
    Significant acreage: sits on over 2 acres, offering potential for future development.
    High bedroom/bathroom count: includes a total of 11 bedrooms and 5 bathrooms across all units.
    Investment potential: priced to sell and described as an excellent income‑producing opportunity with room to grow.
    Convenient location: located just off a 4‑lane road.
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    8-Unit Apartment Building
    8-Unit Apartment Building

    520 Drake Ave, Lafayette, AL 36862

    $350,000
    6,660 sqft

    Eight apartments offer two-bedroom layouts with kitchens, walk-in closets, and open living and dining areas.

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    See what stands out in Chambers County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Lafayette, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Mobile Home and RV Park
    Mobile Home and RV Park

    3103 County Road 212, Lanett, AL 36863

    $549,900
    1,764 sqft

    County water is available, with existing rental lots and park-owned residential units.

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    Furnished Short-Term Rental Condo
    Furnished Short-Term Rental Condo

    814 N COLLEGE Street, Auburn, AL 36830

    $6,995,000
    2,587 sqft 0.90 AC lot

    Standalone furnished residence with custom finishes, generous entertaining space, and convenient access to downtown Auburn.

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    Mixed-Use Property with Attached Apartment
    Mixed-Use Property with Attached Apartment

    4760 HEATH Road, Auburn, AL 36830

    $475,000
    1,700 sqft 0.60 AC lot

    Renovated main residence with a separate apartment, covered porch, substantial parking, and commercial-use context.

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    Mobile Home and RV Park
    Mobile Home and RV Park

    3065 County Road 212, Lanett, AL 36863

    $549,900
    1,764 sqft 7.00 AC lot

    County water is available, with rental lots and park-owned residences already in place.

    View details

    Off-Market Properties in Lafayette, AL

    Consider similar Off-Market properties in Lafayette, 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.

    B SW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    B SW St, Lafayette, AL 36862

    $305,000
    Estimated value
    2,676 sqft 5.40 AC lot
    View details

    Lafayette, AL Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Lafayette, AL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,120 square feet of properties for sale, with an estimated market value of $815,000.

    Sale prices for multifamily properties in Lafayette, AL start at $115,000, averaging $271,666, and reaching up to $350,000 — 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 2
    Duplexes 1

    Demographics Overview

    Population 6,052
    Population Growth (5Y) +2.9%
    Median Household Income $39,510
    College Educated 18.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    36862 $232.5K

    Taxes & Financing

    Tax Rate (average for all types) 4.71%
    Property Tax per SF $78.30 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chambers County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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