Fort Payne, AL Residential Income Properties for Sale

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Rainsville, AL Valley Head, AL Collinsville, AL Mentone, AL Gaylesville, AL Fyffe, AL Cedar Bluff, AL Sylvania, AL

Updated: Sep 13, 2025

Fort Payne Commercial Opportunity

5028 County Road 27, Fort Payne, AL 35968

$159,900

1,429 sqft 0.76 AC lot

Versatile property suitable for various uses: church, rental properties, warehouse, factory, or storage units.
Includes both a church and parsonage.
Features a parking lot.
Metal roof provides durability.
Public water source.

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This listing looks promising.

Here's a quick look at some key insights for

5028 County Road 27, Fort Payne, AL 35968

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Est. Cap Rate

4.9%
NOI ÷ price
Est. NOI

$8K
Annual
Price @ 7% Cap

$111K
Suggested

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Updated: May 26

Fort Payne Multifamily Investment

1201 Grand Avenue NW, Fort Payne, AL 35967

$155,000

1,186 sqft 0.13 AC lot

Two apartments: Apartment A has 2 bedrooms and 1 bath; Apartment B has 1 bedroom and 1 bath
Public water service
Public sewer
Parking includes alley parking and a driveway
Kitchen appliances include a refrigerator and oven

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Turnkey Furnished Loft Apartment

306 5th St SW, Fort Payne, AL 35967

Contact for pricing

904 sqft

Turnkey fully furnished mid-century modern loft, remodeled in 2023 with updated plumbing, electrical, roof, HVAC, and appliances.

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Church and Parsonage Opportunity

5028 County Road 27, Fort Payne, AL 35968

$159,900

Versatile property suitable for church, residential, or commercial use.

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Duplex with Two Apartments

1201 Grand NW Avenue 2, Fort Payne, AL 35967

$155,000

Two-unit property with rental income potential.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 Active listings in Fort Payne, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

Dawson, AL Multi-Family Property

47-166 County Road 1021, Dawson, AL 35963

$900,000

15,120 sqft 8.33 AC lot

18 mobile homes on 8.33 acres in Dawson, Alabama.

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Turnkey Doublewide Income Property

755 County Road 355, Leesburg, AL 35983

$285,000

2,000 sqft 2.90 AC lot

Two move-in ready doublewide homes on 2.9 acres, supported by multiple septic and water services for flexible use.

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Multi-Family Property on 2.9 Acres

755 County Road 355, Leesburg, AL 35983

$350,000

2.90 AC lot

Multi-family property with homes, sites, and utilities on 2.9 acres.

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Mobile Home Park For Sale

47-166 County Road 1021, Dawson, AL 35963

$900,000

Established mobile home park with 18 units available for purchase.

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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.

Fort Payne Acreage with Potential

14 Acres Wills Creek Road, Fort Payne, AL 35968

$69,900

14.00 AC lot

14 acres of rural farmland near I-59.

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Fort Payne Wooded Acreage

12.2 acres Browder Road, Fort Payne, AL 35968

$84,500

12.20 AC lot

12.2 wooded acres in Fort Payne, Alabama.

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Residential Land with Natural Features

123456 County Road 121, Fort Payne, AL 35968

$115,000

9.00 AC lot

9-acre residential land with waterfall and road frontage.

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Mentone, AL Land For Sale

Tract 12 County Road 9114, Mentone, AL 35984

$49,900

5.00 AC lot

5 acre tract in Mentone Acres subdivision with utilities.

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Off-Market Properties in Fort Payne, AL

Consider similar Off-Market properties in Fort Payne, 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.

APARTMENT HOUSE (5+ UNITS)

2501 Briarwood SW Ave, Fort Payne, AL 35967-8434

$6,050,000

Estimated value

4,210 sqft 10.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

158 8th NE St, Fort Payne, AL 35967-2650

$1,610,000

Estimated value

13,075 sqft 1.90 AC lot

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APARTMENT HOUSE (5+ UNITS)

2043 Prestwood NW Ave, Fort Payne, AL 35967-3476

Value Estimation by Request

3,025 sqft

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MOBILE HOME PARK, TRAILER PARK

860 Dugout Vly W Rd, Fort Payne, AL 35968-3762

Value Estimation by Request

11.81 AC lot

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APARTMENT HOUSE (5+ UNITS)

1050 Airport W Rd, Fort Payne, AL 35968-3322

Value Estimation by Request

18,108 sqft 12.20 AC lot

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Fort Payne, AL Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Fort Payne, AL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,519 square feet of properties for sale, with an estimated market value of $629,800.

Sale prices for residential income properties in Fort Payne, AL start at $155,000, averaging $157,450, and reaching up to $159,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +2.5%

Median Household Income $47,456

College Educated 20.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
35967	$157K
35968	$159.9K

Taxes & Financing

Tax Rate (average for all types) 4.60%

Property Tax per SF $94.52 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in DeKalb County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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