Residential Income

Greenville, AL Residential Income Properties for Sale

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Honoraville, AL Georgiana, AL Brantley, AL Luverne, AL Rutledge, AL Forest Home, AL Fort Deposit, AL Mckenzie, AL
40-Unit Multifamily Apartment Community
Updated: May 14
40-Unit Multifamily Apartment Community

50 School Highlands Rd, Greenville, AL 36037

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41,200 sqft
40‑unit multifamily property built in 1998
41,200 rentable SF multifamily community at 50 School Highlands Rd, Greenville, AL
LIHTC property with restrictions set to end in 2027 (burn‑off approaching)
Unit mix includes spacious 2- and 3‑bedroom apartments
Interior and site‑level renovations can take place concurrently
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Greenville, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

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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.

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Well-Maintained 40-Unit Apartment Complex
Well-Maintained 40-Unit Apartment Complex

700 Village Square Dr, Andalusia, AL 36420

$449,900

Forty 1-bedroom, 1-bath units with living rooms and kitchens, plus office space, paved parking, and an onsite manager.

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Updated 76-Unit Apartment Community
Updated 76-Unit Apartment Community

1716 Antioch Rd, Andalusia, AL 36421

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76-unit multifamily property with recent capital improvements including new metal roofs, patios, and extensive unit updates.

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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.

Approximately 14-Acre Land Parcel
Approximately 14-Acre Land Parcel

325 Honoraville Road, Greenville, AL 36037

$125,000
14.00 AC lot

Land in Camellia Meadows, close to downtown Greenville.

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Secluded Land in Luverne, AL
Secluded Land in Luverne, AL

500 Pond Creek Rd, Luverne, AL 36049

$50,000
10.00 AC lot

10 acres of secluded land perfect for hunting or building.

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Land with No Restrictions
Land with No Restrictions

2200 Nixon Road, Mckenzie, AL 36456

$84,900
24.00 AC lot

24 acres of unrestricted land perfect for recreation or building.

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10 Acre Lots in Luverne
10 Acre Lots in Luverne

560 Pond Creek Road, Luverne, AL 36049

$50,000
10.00 AC lot

10 acre lots available near Luverne, Alabama.

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Off-Market Properties in Greenville, AL

Consider similar Off-Market properties in Greenville, 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.

101 Adams St
GARDEN APT, COURT APT (5+ UNITS)

101 Adams St, Greenville, AL 36037-2600

Value Estimation by Request
2,160 sqft 0.11 AC lot
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2234 Halso Ml Rd
GARDEN APT, COURT APT (5+ UNITS)

2234 Halso Ml Rd, Greenville, AL 36037-7512

Value Estimation by Request
2,208 sqft
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Greenville, AL Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Greenville, AL on our real estate platform. These investment opportunities span a total of 41,200 square feet of properties for sale.

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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 13K
Population Growth (5Y) -2.5%
Median Household Income $48,571
College Educated 21.7%

Taxes & Financing

Tax Rate (average for all types) 4.00%
Property Tax per SF $81.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Butler County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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