Florence, AL Residential Income Properties for Sale

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Muscle Shoals, AL Sheffield, AL Killen, AL Rainbow City, AL Tuscumbia, AL Cherokee, AL Fitzpatrick, AL Leighton, AL

14 properties

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Updated: Sep 3

Occupied Multifamily Rental Property

316 Crown St N, Florence, AL 35630

$509,900

1,560 sqft

1,560‑square‑foot multifamily property
Built in 1947
Occupied residential rental property
Approximately 9% cap rate with operating expenses included
Public Sewer service

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Updated: Jun 4

Residential Zoned Corner Development Lots

Patterson Dr, Florence, AL 35630

$544,000

792 sqft 0.75 AC lot

222+/- front feet on Pine Street across three lots, sold together (no splitting)
Property includes three parcels: 24‑02‑03‑3‑006‑043.000, 24‑02‑03‑3‑006‑044.000, and 24‑02‑03‑3‑006‑045.000
Currently zoned SFR
Public sewer available
Sold "as is" with no added value

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5-Unit Apartment Building with Garage

727 Sherrod Avenue, Florence, AL 35630

$300,000

3,300 sqft 0.17 AC lot

Near UNA, the property combines recently renovated units with a detached garage and public utilities.

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Commercial Land with Road Frontage

715 Co Rd 61, Florence, AL 35634

$899,000

2,160 sqft

Level, annexed land with city utilities and an existing home, detached garage apartment, and mobile home.

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Two-Unit Duplex Property

806/ 806 1/2 Hermitage Dr, Florence, AL 35630

$142,000

2,521 sqft 0.36 AC lot

Two attached residences on one parcel offer distinct layouts with kitchens, living areas, and separate bedroom configurations.

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Quadplex with Separate Entrances

213 E Mattielou St, Florence, AL 35630

$225,000

2,200 sqft 0.20 AC lot

Residential property with varied unit layouts, central HVAC in the main residence, and furniture and appliances included.

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Two-Unit Duplex Property

806/806 1/2 Hermitage Dr, Florence, AL 35630

$142,000

0.37 AC lot

Two residences occupy one parcel with distinct layouts and shared residential and business zoning.

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Three-House Multifamily Package

921 Military Rd, Florence, AL 35630

$150,000

1,088 sqft

Includes one house already gutted for renovation and sits near the University of North Alabama.

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Commercial Sale, Florence, AL

715 Co Rd 61, Florence, AL 35634

$899,000

2,160 sqft 8.00 AC lot

Commercial land · 2,160 SF

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8-Unit Multifamily Portfolio

701 Sweetwater Ave, Florence, AL 35630

$649,900

Residential rental properties in Florence, Tuscumbia, and Sheffield are offered together as one investment package.

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Student Housing Investment Opportunity

Nellie Ave, Florence, AL 35630

Contact for pricing

80,000 sqft

Two renovated apartment buildings near the University of North Alabama.

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Three-House Multifamily Property

921 Military Rd, Florence, AL 35630

$150,000

1,088 sqft 0.17 AC lot

Three-house package with one gutted structure and R1 zoning near UNA.

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Updated Two-Unit Duplex

602 E Tuscaloosa St, Florence, AL 35630

$440,000

RB-zoned property combines residential occupancy with recently updated core building systems.

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Historic Home with Income Potential

28 Shoals Blvd, Florence, AL 35630

Contact for pricing

2,800 sqft

Multi-unit property with Airbnb income, near college.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 14 Active listings in Florence, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 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.

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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Side-by-Side Duplexes with 4 Units

1107 E 31st St, Sheffield, AL 35660

$229,900

Corner-lot property with occupied residences near shopping, dining, and entertainment.

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Mobile Home Park with Pads

2250 Ford Rd, Muscle Shoals, AL 35661

$895,000

10.00 AC lot

Mobile home park featuring 47 pads with essential utility hookups.

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Four-Unit Residential Income Property

1908 Webster St, Muscle Shoals, AL 35661

Contact for pricing

1.57 AC lot

Four currently rented units on 1.57 acres, including three two-bedroom log cabins and one newer three-bedroom home.

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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.

Florence Land Near Hospital

Highland Ave, Florence, AL 35630

Contact for pricing

0.36 AC lot

Two multi-family lots near hospital, require clearing.

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Multi-Family Zoned Land Near Hospital

00 Highland Ave, Florence, AL 35630

Contact for pricing

Two multi-family zoned lots near hospital, needs clearing.

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Residential Lots in Florence, AL

Smith St, Florence, AL 35630

$30,000

0.86 AC lot

Five wooded residential lots available near schools, parks, and shopping.

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Land in Florence, Alabama

Helton Dr, Florence, AL 35630

$64,200

0.44 AC lot

Vacant lot in Florence, suitable for development.

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Off-Market Properties in Florence, AL

Consider similar Off-Market properties in Florence, 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.

GARDEN APT, COURT APT (5+ UNITS)

213 Allen Ct, Florence, AL 35630-1471

$245,000

Estimated value

1,866 sqft 0.18 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

229 Hillsboro Cir, Florence, AL 35630-6201

$160,000

Estimated value

2,151 sqft 0.14 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

227 Westmeade Ct, Florence, AL 35630-6703

$245,000

Estimated value

1,906 sqft 0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

207 Wesley Ct, Florence, AL 35630-1486

$225,000

Estimated value

1,786 sqft 0.10 AC lot

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APARTMENT HOUSE (5+ UNITS)

122 Silver Leaf Ln, Florence, AL 35633-4341

$305,000

Estimated value

0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

223 Hillsboro Cir, Florence, AL 35630-6201

$190,000

Estimated value

1,769 sqft 0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

203 William Ct, Florence, AL 35630-1437

$200,000

Estimated value

1,527 sqft 0.19 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

216 Westmeade Ct, Florence, AL 35630-6704

$250,000

Estimated value

1,959 sqft 0.21 AC lot

View details

GARDEN APT, COURT APT (5+ UNITS)

241 Hillsboro Cir, Florence, AL 35630-6201

$190,000

Estimated value

1,527 sqft 0.16 AC lot

View details

GARDEN APT, COURT APT (5+ UNITS)

205 Wesley Ct, Florence, AL 35630-1486

$260,000

Estimated value

2,108 sqft 0.14 AC lot

View details

Florence, AL Residential Income Properties Market Trends and Statistics

Explore 69 residential income properties for sale in Florence, AL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 99,669 square feet of properties for sale, with an estimated market value of $5,050,800.

Sale prices for residential income properties in Florence, AL start at $142,000, averaging $420,900, and reaching up to $899,000 — 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

Demographics Overview

Population 65K

Population Growth (5Y) +1.2%

Median Household Income $55,460

College Educated 23.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
35630	$269.2K
35634	$899K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lauderdale County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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Florence, AL Residential Income Properties for Sale

316 Crown St N, Florence, AL 35630

Patterson Dr, Florence, AL 35630

727 Sherrod Avenue, Florence, AL 35630

715 Co Rd 61, Florence, AL 35634

806/ 806 1/2 Hermitage Dr, Florence, AL 35630

213 E Mattielou St, Florence, AL 35630

806/806 1/2 Hermitage Dr, Florence, AL 35630

921 Military Rd, Florence, AL 35630

715 Co Rd 61, Florence, AL 35634

701 Sweetwater Ave, Florence, AL 35630

Nellie Ave, Florence, AL 35630

921 Military Rd, Florence, AL 35630

602 E Tuscaloosa St, Florence, AL 35630

28 Shoals Blvd, Florence, AL 35630

Opportunities in Nearby Cities

2905 E 12th Ave, Sheffield, AL 35660

1107 E 31st St, Sheffield, AL 35660

2250 Ford Rd, Muscle Shoals, AL 35661

1908 Webster St, Muscle Shoals, AL 35661

Potential Development Sites for Consideration

Highland Ave, Florence, AL 35630

00 Highland Ave, Florence, AL 35630

Smith St, Florence, AL 35630

Helton Dr, Florence, AL 35630

Off-Market Properties in Florence, AL

213 Allen Ct, Florence, AL 35630-1471

229 Hillsboro Cir, Florence, AL 35630-6201

227 Westmeade Ct, Florence, AL 35630-6703

207 Wesley Ct, Florence, AL 35630-1486

122 Silver Leaf Ln, Florence, AL 35633-4341

223 Hillsboro Cir, Florence, AL 35630-6201

203 William Ct, Florence, AL 35630-1437

216 Westmeade Ct, Florence, AL 35630-6704

241 Hillsboro Cir, Florence, AL 35630-6201

205 Wesley Ct, Florence, AL 35630-1486

Florence, AL Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Need Help?

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