Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Auto Shop
  
  Grocery Store
  
  Storefront
  
  Shopping Center
- Office
  
  Building
- Residential Income
  
  Multifamily
- Land
  
  Residential
  
  Commercial
  
  Industrial
  
  Agricultural
  
  Waterfront
  
  Hunting
- Specialty
Rent
- For Lease
- Post a Listing
Space Uses
- Retail
- Specialty
Analytics
- Get Leads
- Property Insights
- Value Est
- Cap Rate Est
- Debts
- Zoning
- Locations
- Market TrendsSoon
- CRE Guide

Advertise Sign In

For Sale
- Retail
- Office
  - Building
- Residential Income
  - Multifamily
- Land
  - Residential
  - Commercial
  - Industrial
  - Agricultural
  - Waterfront
  - Hunting
- Specialty
For Lease
- Retail
- Specialty
Get Leads
Property Insights
Value Est
Cap Rate Est
Debts
Zoning
Locations
Market TrendsSoon
CRE Guide
Advertise
Find Agents

Andalusia, AL

Residential Income

Andalusia, AL Residential Income Properties for Sale

List

Map

Red Level, AL Florala, AL Dozier, AL Opp, AL Brantley, AL Mckenzie, AL Laurel Hill, FL Paxton, FL

40-Unit Apartment Complex

Updated: Jan 27

40-Unit Apartment Complex

700 Village Square Drive, Andalusia, AL 36420

$449,900

5.00 AC lot

40 apartment units, each configured with 1 bedroom and 1 bathroom
5‑acre multifamily property at 700 Village Square Drive
9 standalone complexes plus an office
Living room, kitchen, and large closet space in each unit
Paved parking and onsite manager

Well-Maintained 40-Unit Apartment Complex

Updated: Aug 19, 2025

Well-Maintained 40-Unit Apartment Complex

700 Village Square Dr, Andalusia, AL 36420

$449,900

40‑unit apartment complex in Andalusia, all units are 1 BR and 1 BA with living rooms and kitchens
Units include large closet space for added storage
Property includes 9 standalone complexes
On‑site amenities include an office and paved parking
On‑site manager reported; property described as well maintained

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 27 Potential Opportunities for your consideration. Besides 2 Active listings in Andalusia, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 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.

Convenience Store With RV Sites

Convenience Store With RV Sites

2777 Highway 83, Evergreen, AL 36401

$199,000

1.25 AC lot

Retail improvements include refrigeration, prepared-food equipment, fuel pumps, office space, and a customer seating area.

Convenience Store with RV Sites

Convenience Store with RV Sites

2777 Highway 83, Evergreen, AL 36401

$199,000

1.25 AC lot

Retail facility with food-service equipment, fuel pumps, an auxiliary commercial building, and an adjacent RV park.

Brewton Duplex with Detached Garage

Brewton Duplex with Detached Garage

2718 Hwy 29, Brewton, AL 36426

$200,000

2,646 sqft

Two-unit property built in 2009 with quality finishes.

Commercial Development Land with Road Frontage

Commercial Development Land with Road Frontage

2855 Douglas Ave, Brewton, AL 36426

$105,000

2.50 AC lot

Over 2.5 acres on Highway 31 North with about 735 feet of road frontage, utilities available, and an existing home.

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 Tract with 1,400 Ft Road Frontage

Land Tract with 1,400 Ft Road Frontage

Ferrell Road, Red Level, AL 36474

$129,600

27.24 AC lot

Build-ready acreage with power and water at the line, plus a private deep well and established trail system for recreation or homesites.

Residential Land near Gantt Lake

Residential Land near Gantt Lake

Meadow Lane Rd lot: 22, Andalusia, AL 36421

Contact for pricing

0.80 AC lot

Residential lot in Straughn school district near Gantt Lake.

Laurel Hill Land Parcel

Laurel Hill Land Parcel

8102 5Th Street, Laurel Hill, FL 32567

$60,000

0.87 AC lot

0.87 acre parcel suitable for building or investment.

Agricultural Land with Pond

Agricultural Land with Pond

20 Acres Cannon Drive, Paxton, FL 32538

$399,900

20.00 AC lot

Agricultural acreage within Paxton city limits with paved road access, city water availability, and a small pond.

Off-Market Properties in Andalusia, AL

Consider similar Off-Market properties in Andalusia, 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.

Byrd Rd At Snuffy Rd

MOBILE HOME PARK, TRAILER PARK

Byrd Rd At Snuffy Rd, Andalusia, AL 36420

Estimated value:

$50,000

5 sqft 4.70 AC lot

Andalusia, AL 36421

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

Estimated value:

$385,000

24 sqft 10.00 AC lot

Andalusia, AL 36421

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

Estimated value:

$110,000

7 sqft 3.10 AC lot

Andalusia, AL 36420

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

Estimated value:

$465,000

14 sqft 60.00 AC lot

Us Hwy 29th S

MOBILE HOME PARK, TRAILER PARK

Us Hwy 29th S, Andalusia, AL 36421

Estimated value:

$205,000

4 sqft 1.00 AC lot

Andalusia, AL 36420

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

Estimated value:

$225,000

14 sqft

Al Hwy 55

MOBILE HOME PARK, TRAILER PARK

Al Hwy 55, Andalusia, AL 36420

Estimated value:

$235,000

12 sqft 4.35 AC lot

Andalusia, AL 36420

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

Estimated value:

$245,000

5 sqft 31.00 AC lot

30831 Riverview Rd

MOBILE HOME PARK, TRAILER PARK

30831 Riverview Rd, Andalusia, AL 36421

Estimated value:

$200,000

7 sqft 3.00 AC lot

21180 Old Salt Rd

MOBILE HOME PARK, TRAILER PARK

21180 Old Salt Rd, Andalusia, AL 36420-7536

Estimated value:

$200,000

1.10 AC lot

11385 Jacobs Rd

MOBILE HOME PARK, TRAILER PARK

11385 Jacobs Rd, Andalusia, AL 36420-7920

Estimated value:

$190,000

3 sqft 3.70 AC lot

28920 Antioch Rd

MOBILE HOME PARK, TRAILER PARK

28920 Antioch Rd, Andalusia, AL 36421-5745

Estimated value:

$150,000

7 sqft 2.00 AC lot

Andalusia, AL 36421

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

Estimated value:

$150,000

6 sqft 2.40 AC lot

Andalusia, AL 36420

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

Estimated value:

$190,000

4 sqft 7.80 AC lot

Andalusia, AL 36421

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

Estimated value:

$215,000

4 sqft 30.00 AC lot

Andalusia, AL 36421

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

Estimated value:

$160,000

6 sqft 3.00 AC lot

Andalusia, AL 36420

MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

Estimated value:

$145,000

3 sqft 1.60 AC lot

Andalusia, AL Residential Income Properties Market Trends and Statistics

Explore 19 residential income properties for sale in Andalusia, AL on our real estate platform.

Sale prices for residential investment properties in Andalusia, AL average $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 20K

Population Growth (5Y) -0.1%

Median Household Income $56,786

College Educated 30.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
36420	$449.9K

Taxes & Financing

Tax Rate (average for all types) 3.64%

Property Tax per SF $59.28 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Covington County

New Delisted

How Realmo verifies these figures

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us

Why this one?

Saved