Madison, AL Multifamily properties for sale

Updated: Jul 29, 2025

Commercial Land

469 1/2 GILLESPIE ROAD, Madison, AL 35758

$379,000

1.00 AC lot

Vacant house on the property
Septic tank installed in 2009
Public water available
Identified uses include commercial, multifamily, and medical facilities

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

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1 active listing matches your search: Multifamily for sale in Madison, AL. Based on your search, we've also compiled 15 Potential Opportunities for your consideration: 4 properties in nearby cities, 9 off-market properties to explore as potential leads, and 2 land listings with development potential.

Opportunities in Nearby Cities

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

Four-Unit Residential Quadplex

6201 FRIAR TUCK DRIVE, Huntsville, AL 35806

$520,000

3,189 sqft

All four residences offer two bedrooms, two full bathrooms, and private outdoor porches.

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4-Unit Quadplex with Fireplaces

4918 COTTON ROW, Huntsville, AL 35816

$395,000

4,048 sqft

Each residence has two bedrooms, a fireplace, a laundry area, and an eat-in kitchen.

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4-Unit Apartment Building

4913 COTTON ROW NW, Huntsville, AL 35816

$405,000

3,384 sqft 0.32 AC lot

Each residence offers two bedrooms, a full bath, and a dedicated storage room.

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Four-Unit Multifamily Property

6208 Friar Tuck Drive NW, Huntsville, AL 35806

$399,000

3,924 sqft

Each residence has two bedrooms, two full bathrooms, and washer/dryer connections.

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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.

Commercial Land Near Retail Centers

30633 HIGHWAY 72, Madison, AL 35758

$2,500,000

800 sqft 4.20 AC lot

The 4.2-acre parcel is near major retail destinations and Madison Hospital.

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Commercial Land with Highway Frontage

2387 HIGHWAY 72 E, Huntsville, AL 35811

$1,800,000

11.00 AC lot

Estimated value: by Request

27,080 sqft

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Madison, AL Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Madison, AL on our real estate platform.

Sale prices for multifamily properties in Madison, AL average $379,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Featured Madison Real Estate Agencies

Realmo connects you with licensed Madison CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Keller Williams Realty Madison

1593 A Hughes Road Madison, AL 35758

Phone: (256) 319-3700

kwmadison.yourkwoffice.com/

Essential Real Estate-Madison

199 Mission St Madison, AL

Phone: (256) 434-7496

Murphy Real Estate

18 Main St Madison, AL 35758

Phone: (501) 388-7365

Madison, AL Multifamily Properties for Sale

469 1/2 GILLESPIE ROAD, Madison, AL 35758