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    Sheffield, AL Multifamily Properties for Sale

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    Muscle Shoals, AL Tuscumbia, AL Rainbow City, AL
    8 results
    Sheffield Multifamily Investment Opportunity
    $1,152,000
    24,680 SF

    Sheffield Multifamily Investment Opportunity

    701 6th St, Sheffield, AL 35660

    32-unit multifamily property in Sheffield, AL, ready for renovation.

    • Priced below tax appraisal and CBRE appraised value, offering immediate upside potential.
    • Vacant 32 two‑bedroom, one‑bath units, ready for renovations.
    • Excellent value‑add opportunity to reposition and maximize rental income.
    • Units are approximately 975 SF each.
    • Ideal project for investors.
    Updated: May 27
    View details
    Sheffield Multifamily Redevelopment Opportunity
    $549,000
    1.32 Acres

    Sheffield Multifamily Redevelopment Opportunity

    2905 E 12th Ave, Sheffield, AL 35660

    Multifamily redevelopment with 18 renovated units, ready for completion.

    • 18 renovated townhome‑style units featuring new windows, roofs, flooring, walls, paint, and efficiency‑style kitchen sinks.
    • Rezoned for multifamily/townhome use.
    • Each unit sits on its own permanent foundation.
    • New utilities installed allowing separate meters for each unit.
    • Large on‑site space suitable for office, community room, or laundry facility.
    Updated: May 27
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    Remodeled Mixed-Use Building For Sale
    $1,075,000
    12,000 SF

    Remodeled Mixed-Use Building For Sale

    Large, remodeled mixed-use building with apartments and business potential.

    309 N Montgomery Ave, Sheffield, AL 35660
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    Mixed-Use Property with Apartments
    $1,075,000
    12,000 SF

    Mixed-Use Property with Apartments

    Two buildings with established businesses and four apartments.

    310 N Montgomery Ave, Sheffield, AL 35660
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    Shopping Center and Duplexes Bundle
    $699,900
    24,252 SF

    Shopping Center and Duplexes Bundle

    Multiple properties for sale, including a shopping center and duplexes.

    3019 Jackson Hwy, Sheffield, AL 35660
    View details
    Remodeled Mixed-Use Building For Sale
    $1,075,000
    12,000 SF

    Remodeled Mixed-Use Building For Sale

    Large, remodeled mixed-use building with apartments and business potential.

    309 N Montgomery Ave, Sheffield, AL 35660
    View details
    Mixed-Use Property with Apartments
    $1,075,000
    12,000 SF

    Mixed-Use Property with Apartments

    Two buildings with businesses and four occupied apartments for sale.

    310 N Montgomery Ave, Sheffield, AL 35660
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    Historic Building with Renovation Potential
    $950,000
    4,863 SF

    Historic Building with Renovation Potential

    1916 building with restaurant, apartments, and retail potential.

    301 N Montgomery Ave, Sheffield, AL 35660
    View details
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 8 Active listings in Sheffield, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Renovated Triplex Near UNA
    $269,900
    3,078 SF

    Renovated Triplex Near UNA

    Fully renovated triplex near UNA and downtown Florence.

    304 Plum St, Florence, AL 35630
    View details
    Tuscumbia Duplex: Investment Opportunity
    $190,000
    2,329 SF

    Tuscumbia Duplex: Investment Opportunity

    Remodeled duplex in Tuscumbia, ideal for investors or owner-occupants.

    304 5th St, Tuscumbia, AL 35674
    View details
    Downtown Florence Flex/Warehouse Facility
    $1,950,000
    28,429 SF

    Downtown Florence Flex/Warehouse Facility

    37,579 SF facility in downtown Florence, suitable for redevelopment.

    502 S Court St, Florence, AL 35630
    View details
    Remodeled Duplex with Rental Income
    $199,900

    Remodeled Duplex with Rental Income

    Remodeled duplex, new roof, potential for owner occupancy.

    304 5th St, Tuscumbia, AL 35674
    View details

    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 with Mobile Home, RV
    $164,900
    11.00 Acres

    Land with Mobile Home, RV

    11 acres in Russellville with mobile home and RV.

    6257 Hwy 77, Russellville, AL 35654
    View details
    Wooded Lot in Moulton, AL
    $45,000
    4.50 Acres

    Wooded Lot in Moulton, AL

    4.5-acre wooded lot suitable for mobile or stick-built homes.

    County Road 279 lot: 30, Moulton, AL 35650
    View details
    Unrestricted Lot Ready for Building
    $47,000
    0.67 Acres

    Unrestricted Lot Ready for Building

    Prepped lot in Limestone County ready for your dream home.

    7066 Vivians Road, Anderson, AL 35610
    View details
    Creekfront Land in Savannah, TN
    $39,900
    0.53 Acres

    Creekfront Land in Savannah, TN

    Creekfront lot with water access, ideal for recreation.

    124 Launch Ramp Cove, Savannah, TN 38372
    View details

    Off-Market Properties in Sheffield, AL

    Consider similar Off-Market properties in Sheffield, 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.

    500 Montgomery Ave
    Restaurants
    55,305 SF
    Value Estimation by Request

    500 Montgomery Ave, Sheffield, AL 35660

    View details

    Sheffield, AL Multifamily Properties Investment Opportunities Market Analysis

    Explore 9 multifamily properties for sale in Sheffield, AL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 101,795 square feet of properties for sale, with an estimated market value of $7,101,900.

    Sale prices for multifamily properties in Sheffield, AL start at $699,900, averaging $1,014,557, and reaching up to $1,152,000 — 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

    Apartment buildings 8
    Duplexes 1

    Demographics Overview

    Population 9,385
    Population Growth (5Y) +4.4%
    Median Household Income $42,510
    College Educated 21.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    35660 $956.4K

    Taxes & Financing

    Tax Rate (average for all types) 5.03%
    Property Tax per SF $40.11 per sq ft
    Average Loan-to-Value 65.0%

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