Residential Income

Chatom, AL Residential Income Properties for Sale

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Fruitdale, AL Millry, AL Buckatunna, MS
Southwest Alabama Apartment Portfolio
Updated: Nov 21, 2025
Southwest Alabama Apartment Portfolio

205 Martin Luther King Ave, Chatom, AL 36518

$2,750,000
74,536 sqft
Portfolio of 80 units across three LIHTC apartment communities.
Located in Livingston, Grove Hill, & Chatom, AL, offering diverse locations in southwest Alabama.
Favorable financing with assumable HOME loan opportunities.
Upside potential for Net Operating Income by increasing to max rents.
Community amenities include on‑site offices, laundry facilities, gazebos, and playgrounds.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Chatom, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Residential Income Property in Lucedale
Residential Income Property in Lucedale

2269 Old Mobile Highway, Lucedale, MS 39452

$125,000
1,420 sqft · 1.22 AC lot

Three homes on 1.22 acres with income potential.

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Fully Occupied Four-Unit Apartment Building
Fully Occupied Four-Unit Apartment Building

8135 State Street, Citronelle, AL 36522

$325,000
1.52 AC lot

Four occupied units with separate electric meters and month-to-month leases on a sizable lot.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

8135 State Street, Citronelle, AL 36522

$329,449
1.50 AC lot

Fully occupied four-unit property with separately metered electricity and month-to-month leases for flexible income management.

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Small Fixer-Upper Commercial Property
Small Fixer-Upper Commercial Property

1108 Winter Street, Lucedale, MS 39452

$54,000
692 sqft

A small fixer-upper with visibility, suited for conversion to a future office, rental, or small home project.

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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.

Wooded Acreage in Millry, Alabama
Wooded Acreage in Millry, Alabama

Horace Odom Rd, Millry, AL 36558

$69,500
9.50 AC lot

9.5+/- acres of wooded land, ideal for building a home.

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9.56 Acres of Wooded Land
9.56 Acres of Wooded Land

Horace Odom Road, Millry, AL 36558

$69,500
9.56 AC lot

Wooded 9.56 acre parcel ideal for building a home.

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Recreational Hunting Land Tract
Recreational Hunting Land Tract

Louella Road Tract, Mc Intosh, AL 36553

$80,000
20.00 AC lot

A 20-acre tract with road access, mixed timber, and wildlife habitat for recreation and hunting uses.

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Recreational Land with Road Access
Recreational Land with Road Access

Louella Road Tract, Mc Intosh, AL 36553

$80,000
20.00 AC lot

A 20-acre tract with dirt road frontage and mixed timber for hunting, recreation, or a homesite outside McIntosh.

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Chatom, AL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Chatom, AL on our real estate platform. These investment opportunities span a total of 74,536 square feet of properties for sale, with an estimated market value of $2,750,000.

Sale prices for residential income properties in Chatom, AL start at $2,750,000, averaging $2,750,000, and reaching up to $2,750,000 — 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 1
Multifamily properties 1

Demographics Overview

Population 2,065
Population Growth (5Y) -16.3%
Median Household Income $75,446
College Educated 22.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
36518 $2.8M

Taxes & Financing

Tax Rate (average for all types) 4.13%
Property Tax per SF $97.58 per SF
Average Loan-to-Value 65.0%

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