Luverne, AL
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    Luverne, AL Multifamily Properties for Sale

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    Rutledge, AL Glenwood, AL Brantley, AL
    Spacious Multi-Unit Property in Luverne
    $739,999
    7,394 SF

    Spacious Multi-Unit Property in Luverne

    370 Roy Beall Drive, Luverne, AL 36049

    16-bedroom, 16-bathroom property ideal for group residence or retreat.

    • 16 Bedrooms and 16 Bathrooms: Offers substantial space and privacy.
    • Versatile Property: Suitable for a group residence, retreat center, extended family estate, or co‑housing development.
    • Spacious Community Living Room and Large Dining Room: Provides ample space for group activities.
    • Well‑Equipped Kitchen: Designed for efficient and enjoyable food preparation for large groups.
    • Private Beauty Parlor: A unique amenity for on‑site grooming.
    Updated: Nov 12, 2025
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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Luverne, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

    Brundidge Investment Property For Sale
    $235,000
    5,920 SF

    Brundidge Investment Property For Sale

    Five occupied rentals on 3 acres with monthly income.

    510 US Hwy 231 S, Brundidge, AL 36010
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    16-Unit Multifamily Investment Opportunity
    $830,000

    16-Unit Multifamily Investment Opportunity

    Value-add multifamily property near Troy University in Pike County, Alabama.

    221 County Rd 3320, Brundidge, AL 36010
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    Newly Developed RV Park
    $1,250,000
    19.86 Acres

    Newly Developed RV Park

    Hospitality asset with expansion potential in Troy, Alabama.

    2282 Highway 87, Troy, AL 36079
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    Student Housing Community Near Troy
    Contact for pricing
    123,860 SF

    Student Housing Community Near Troy

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

    826 S Three Notch Street, Troy, AL 36081
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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.

    Land Near Troy For Sale
    $75,000
    2.78 Acres

    Land Near Troy For Sale

    Approximately 2.78 acres of land near Troy, Alabama.

    870-870 County Road 2208, Troy, AL 36079
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    Prime Land on US Hwy 231
    $399,000
    20.00 Acres

    Prime Land on US Hwy 231

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

    Highway 231, Troy, AL 36079
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    Cleared Lot in Covington County
    $90,000
    5.00 Acres

    Cleared Lot in Covington County

    5-acre cleared lot ready for building or mobile home.

    26489 Point A Isle Rd, Andalusia, AL 36421
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    Ramer, AL Land Parcel
    $60,000
    10.00 Acres

    Ramer, AL Land Parcel

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

    23725 Woodley Road, Ramer, AL 36069
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    Off-Market Properties in Luverne, AL

    Consider similar Off-Market properties in Luverne, 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.

    2265 County Rd 1170
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.50 Acres
    Value Estimation by Request

    2265 County Rd 1170, Luverne, AL 36049-5980

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    2977 County Rd 1172
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.00 Acres
    Value Estimation by Request

    2977 County Rd 1172, Luverne, AL 36049-5869

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    3327 County Rd 1172
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.00 Acres
    Value Estimation by Request

    3327 County Rd 1172, Luverne, AL 36049-5881

    View details
    Luverne, AL 36049
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.00 Acres
    Value Estimation by Request

    Luverne, AL 36049

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    Luverne, AL 36049
    MOBILE HOME PARK, TRAILER PARK
    Lot: 14.20 Acres
    Value Estimation by Request

    Luverne, AL 36049

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    3073 County Rd 1172
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.30 Acres
    Value Estimation by Request

    3073 County Rd 1172, Luverne, AL 36049-5893

    View details
    2030 County Rd 1170
    MOBILE HOME PARK, TRAILER PARK
    840 SF Lot: 0.49 Acres
    Value Estimation by Request

    2030 County Rd 1170, Luverne, AL 36049-5898

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    68 Old Acres Dr Lot, Unit 14
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    Unit 14

    68 Old Acres Dr Lot, Luverne, AL 36049-4533

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    Luverne, AL 36049
    MOBILE HOME PARK, TRAILER PARK
    Lot: 43.30 Acres
    Value Estimation by Request

    Luverne, AL 36049

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    Luverne, AL 36049
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    Luverne, AL 36049

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    Luverne, AL 36049
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.71 Acres
    Value Estimation by Request

    Luverne, AL 36049

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    Luverne, AL 36049
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.55 Acres
    Value Estimation by Request

    Luverne, AL 36049

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    Luverne, AL 36049
    MOBILE HOME PARK, TRAILER PARK
    Lot: 45.80 Acres
    Value Estimation by Request

    Luverne, AL 36049

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    Luverne, AL Multifamily Properties Investment Opportunities Market Analysis

    Explore 14 multifamily properties for sale in Luverne, AL on our real estate platform. These investment opportunities span a total of 7,394 square feet of properties for sale, with an estimated market value of $739,999.

    Sale prices for multifamily properties in Luverne, AL start at $739,999, averaging $739,999, and reaching up to $739,999 — 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

    Apartment buildings 1

    Demographics Overview

    Population 5,314
    Population Growth (5Y) -12.4%
    Median Household Income $53,073
    College Educated 24.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    36049 $740K

    Taxes & Financing

    Tax Rate (average for all types) 4.05%
    Property Tax per SF $29.96 per sq ft
    Average Loan-to-Value 65.0%

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