Multifamily

Lafayette, AL Multifamily Properties for Sale

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Lanett, AL Five Points, AL Camp Hill, AL Waverly, AL Auburn, AL Cusseta, AL Roanoke, AL Opelika, AL
5-Unit Multifamily Property
Updated: Mar 25
5-Unit Multifamily Property

251 1ST Street NE, Lafayette, AL 36862

$115,000
2,800 sqft 2.06 AC lot
Five units with 11 bedrooms and 5 bathrooms
2.06‑acre parcel with 2,800 square feet of building area
Detached house, two‑unit duplex, and two garage apartments
Garage apartments are positioned near the rear, just off a four‑lane road
Built in 1960
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8-Unit Apartment Building
Updated: Sep 1
8-Unit Apartment Building

520 Drake Ave, Lafayette, AL 36862

$350,000
6,660 sqft
8‑unit apartment property with 6,660 square feet
Each unit includes 2 bedrooms and 1 bathroom
Open living and dining areas with kitchens in every apartment
Walk‑in closets provided in each unit
Some apartments feature new appliances, flooring, and paint updates
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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
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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.

Tenant-Occupied Duplex
Tenant-Occupied Duplex

1401 MAGNOLIA Street, Opelika, AL 36801

$225,000
2,385 sqft 0.30 AC lot

Two separately occupied units with recent repairs, individual utility responsibility, and month-to-month lease terms.

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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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Tenant-Occupied Duplex
Tenant-Occupied Duplex

1401 Magnolia St, Opelika, AL 36801

$225,000
2,385 sqft

Two separately occupied units provide an established rental configuration with month-to-month leasing flexibility.

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Tenant-Occupied Duplex
Tenant-Occupied Duplex

902 1ST Corner, Lanett, AL 36863

$98,000
1,307 sqft

Two one-bedroom units offer a compact residential income property with separate heating and cooling in each unit.

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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

Estimated value:
$305,000
2,676 sqft 5.40 AC lot
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Lafayette, AL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Lafayette, AL on our real estate platform. These investment opportunities span a total of 9,460 square feet of properties for sale, with an estimated market value of $465,000.

Sale prices for multifamily properties in Lafayette, AL start at $115,000, averaging $232,500, 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 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)

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