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    Sheffield, AL
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    Sheffield, AL Multifamily Properties for Sale

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    Muscle Shoals, AL Tuscumbia, AL Florence, AL Rainbow City, AL Cullman, AL Killen, AL Leighton, AL Crane Hill, AL
    11 properties
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    Residential Income Duplex
    Updated: Jul 3
    Residential Income Duplex

    105 Habbler Street, Sheffield, AL 35660

    $160,000
    2,128 sqft 0.43 AC lot
    Multifamily property in Sheffield built in 1945
    Balcony and porch
    Cooling: window unit(s); heating varies by unit
    Parking includes covered parking, driveway, and on‑street parking
    Utilities: public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    105 Habbler Street, Sheffield, AL 35660

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $179K
      Above asking

    • Property Type

      Duplex
      Built 1945
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    Sheffield Multifamily Investment Opportunity
    Updated: May 27
    Sheffield Multifamily Investment Opportunity

    701 6th St, Sheffield, AL 35660

    $1,152,000
    24,680 sqft 1.49 AC lot
    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.
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    Six-Unit Multifamily with Separate Utilities
    Six-Unit Multifamily with Separate Utilities

    500 Annapolis Ave, Sheffield, AL 35660

    $290,000
    3,079 sqft 0.17 AC lot

    Six-unit multifamily property with separately metered utilities and recent exterior and systems upgrades, currently 100% occupied.

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    Sheffield Multifamily Redevelopment Opportunity
    Sheffield Multifamily Redevelopment Opportunity

    2905 E 12th Ave, Sheffield, AL 35660

    $549,000
    1.32 AC lot

    Multifamily redevelopment with 18 renovated units, ready for completion.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multifamily Townhome Redevelopment
    Multifamily Townhome Redevelopment

    2905 East 12th Avenue, Sheffield, AL 35660

    $549,000
    7,110 sqft

    Redevelopment project with 18 renovated townhome-style units and separate utilities, plus additional on-site space for flexible uses.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    310 N Montgomery Ave, Sheffield, AL 35660

    $1,075,000
    12,000 sqft

    For sale package includes two buildings with two businesses and four 2-bed, 2-bath apartments.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    309 N Montgomery Ave, Sheffield, AL 35660

    $1,075,000
    12,000 sqft

    Remodeled 2014 building features a hardware store main level and multiple occupied apartments on the upper level.

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    32-Unit Apartment Building
    32-Unit Apartment Building

    701 W SIXTH ST, Sheffield, AL 35660

    $1,152,000
    31,200 sqft

    Thirty-two two-bedroom, one-bath units are vacated and ready for renovation under a property sale geared to investors.

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    Mixed-Use Building with Bank History
    Mixed-Use Building with Bank History

    301 N Montgomery Ave, Sheffield, AL 35660

    $950,000
    4,863 sqft

    Historic building built in 1916, currently under renovation, sold as-is and not finished out.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    310 N Montgomery Ave, Sheffield, AL 35660

    $1,075,000
    12,000 sqft

    Two buildings with established businesses and four apartments.

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    Historic Building with Renovation Potential
    Historic Building with Renovation Potential

    301 N Montgomery Ave, Sheffield, AL 35660

    $950,000
    4,863 sqft

    1916 building with restaurant, apartments, and retail potential.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 11 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 Three-Unit Income Property
    Renovated Three-Unit Income Property

    304 Plum St, Florence, AL 35630

    $264,900
    3,078 sqft 0.13 AC lot

    Fully renovated three-unit building near UNA and downtown Florence, with tenants and appliances included.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    304 W 3rd St, Tuscumbia, AL 35674

    $340,000
    0.17 AC lot

    Five-unit income property with a roof installed in 2025 and tenant-paid utilities.

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    Fully Renovated Triplex with Tenants
    Fully Renovated Triplex with Tenants

    304 Plum St, Florence, AL 35630

    $269,900

    Three fully renovated units with appliances included, plus mobile A/C units and security cameras at entry doors.

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    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    215 N Court ST A,B,C, Florence, AL 35630

    $1,250,000

    Restored circa-1920 mixed-use building with fully leased street-level retail and two designer-finished short-term rental residences.

    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.

    Wooded Lot in Moulton, AL
    Wooded Lot in Moulton, AL

    County Road 279 lot: 30, Moulton, AL 35650

    $45,000
    4.50 AC lot

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

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    Unrestricted Acreage Near Pickwick Lake
    Unrestricted Acreage Near Pickwick Lake

    3310 HOLLAND CREEK Rd, Savannah, TN 38372

    $149,999
    14.24 AC lot

    14.24 acres near Rainbow Falls and Pickwick Lake.

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    Creekfront Land in Savannah, TN
    Creekfront Land in Savannah, TN

    124 Launch Ramp Cove, Savannah, TN 38372

    $39,900
    0.53 AC lot

    Creekfront lot with water access, ideal for recreation.

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    Waterfront RV Lot on Kentucky Lake
    Waterfront RV Lot on Kentucky Lake

    403 Hardin Btm Road, Clifton, TN 38425

    $60,000
    0.63 AC lot

    0.63-acre RV lot on Kentucky Lake in Paradise Landing.

    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

    500 Montgomery Ave, Sheffield, AL 35660

    Value Estimation by Request
    55,305 sqft
    View details

    Sheffield, AL Multifamily Properties Market Trends and Statistics

    Explore 12 multifamily properties for sale in Sheffield, AL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 138,175 square feet of properties for sale, with an estimated market value of $9,127,900.

    Sale prices for multifamily properties in Sheffield, AL start at $160,000, averaging $829,809, 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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 9
    Quadplexes 2
    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 average listing prices of real estate assets

    Neighborhood Average Price
    35660 $827.1K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Colbert County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Residential Income

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