Morgan County, AL Residential Income Properties for Sale

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Updated: Apr 6

Decatur Multifamily Investment Opportunity

1801 Glenn Street, Decatur, AL 35603

$600,000

6,624 sqft 0.36 AC lot

Investment opportunity: Five individual deeded townhouses to be sold together.
Prime location right off the Beltline in Decatur, near shopping and restaurants.
Income‑generating: Currently rented with a total monthly income of $4825.
Tenants responsible for utilities.
Each unit includes oven, refrigerator, dishwasher, and W/D hookup.

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This listing looks promising.

Here's a quick look at some key insights for

1801 Glenn Street, Decatur, AL 35603

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$50K
Annual
Price @ 7% Cap

$721K
Above asking

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Updated: Jun 18

Multifamily Income Property

603 Sparkman Street SW, Hartselle, AL 35640

$810,000

4,225 sqft 0.82 AC lot

On‑site parking lot
Public water and public sewer available

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Multifamily Apartment Building

217 8th Street SW, Decatur, AL 35601

$1,750,000

15,200 sqft 0.66 AC lot

For sale multifamily apartment building set on 0.66 acres with 15,200 square feet of total property size.

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Four-Plex and Duplex Portfolio

1816 SW Glenn Street, Decatur, AL 35603

$400,000

3,448 sqft 0.25 AC lot

Portfolio includes three 4-plexes and one duplex totaling 14 units, all occupied and in good condition.

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Turn-Key Renovated Multifamily

805 Main Street East, Hartselle, AL 35640

$520,000

3,075 sqft

Renovated multifamily featuring a new roof, updated plumbing, and fully refreshed kitchens and baths.

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Residential Income Portfolio

1809 Windover Place SW, Decatur, AL 35603

$400,000

3,448 sqft 0.29 AC lot

Four occupied units totaling 14 residences are included in a portfolio sale package.

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Decatur AL Multifamily Portfolio

1803 Graymont Lane, Decatur, AL 35603

$400,000

3,448 sqft 0.25 AC lot

Fourteen-unit multifamily portfolio in Decatur, Alabama, for sale.

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Fully Occupied Quadplex

609 Adelle Street, Hartselle, AL 35640

$400,000

3,000 sqft 0.32 AC lot

Fully occupied quadplex offered for sale at 609 Adelle Street, with inspections scheduled after contract acceptance.

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Well-Maintained Quadplex Rental

201 8TH AVENUE SW, Decatur, AL 35601

Contact for pricing

4,000 sqft

Four updated two-bedroom units with ample parking and a fenced yard provide turnkey residential income.

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Four-Property Residential Income Portfolio

202 Somerville Road, Decatur, AL 35601

$250,000

3,624 sqft 0.16 AC lot

Portfolio sale includes three 4-plexes and one duplex totaling 14 occupied units.

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Hartselle Multifamily Investment Opportunity

102 Puckett Rd, Hartselle, AL 35640

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18,070 sqft

31-unit apartment community in Hartselle, Alabama, near Highway 31.

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Hartselle Duplex Near Downtown

715 Main Street E, Hartselle, AL 35640

$279,000

2,120 sqft 0.42 AC lot

Well-maintained duplex in Hartselle, near schools, restaurants, and I-65.

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Renovated Multifamily Quadplex

805 Main Street E, Hartselle, AL 35640

$520,000

3,075 sqft

Turn-key quadplex with comprehensive 2024 renovations, including new roof, updated plumbing, refreshed kitchens, and fully renovated bathrooms.

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Occupied Multifamily Portfolio

1803 Graymont Lane, Decatur, AL 35603

$400,000

3,448 sqft

Four-property portfolio totaling 14 units, all occupied and reported in good condition, with tenants paying electric.

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Community Commercial Land with Road Frontage

4009 US Highway 31 S, Decatur, AL 35603

$400,000

3,025 sqft 5.60 AC lot

Three parcels totaling 5.6 acres are zoned community commercial with more than 200 feet of frontage on US Highway 31 S.

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Full Brick Duplex For Sale

410 11th Ave SW, Decatur, AL 35601

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2,059 sqft

Full brick duplex featuring a 1-bed and 3-bed unit.

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Four-Building Multifamily Community

217 8th Street SW, Decatur, AL 35601

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14,976 sqft

Four buildings totaling 24 units, renovated in 2025 and currently fully occupied in Decatur, Alabama.

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Downtown Hartselle Fully Occupied Duplex

803 Main E Street, Hartselle, AL 35640

$225,000

Fully occupied duplex in downtown Hartselle, Alabama, ideal for investors.

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24-Unit Multifamily Investment Opportunity

217 8th SW Street, Decatur, AL 35601

$1,925,000

24 units with value-add potential in Decatur, Alabama.

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Well-Maintained Brick Duplex For Sale

226 Cedar Lake Road, Decatur, AL 35603

$239,900

Ranch-style duplex with updated unit, ideal for investment.

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Townhome-Style Apartment Portfolio

2402 Gaslight Pl SW, Decatur, AL 35603

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Portfolio of 44 townhome-style apartments across eight buildings, with most units completely renovated.

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Four-Unit Multifamily Property

205 8th Ave SW, Decatur, AL 35601

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Well-suited for income purposes, this four-unit multifamily property offers four rental units.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Morgan County, AL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Morgan County, AL

Consider similar Off-Market properties in Morgan County, 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)

1221 Grant SE St, Decatur, AL 35601-3218

Value Estimation by Request

3,526 sqft

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APARTMENT HOUSE (5+ UNITS)

2417 Gaslight SW Pl, Decatur, AL 35603-7941

Value Estimation by Request

4,666 sqft

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Morgan County, AL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Morgan County, AL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 96,865 square feet of properties for sale, with an estimated market value of $9,518,900.

Sale prices for residential income properties in Morgan County, AL start at $225,000, averaging $594,931, and reaching up to $1,925,000 — 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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Morgan County, AL Residential Income Properties for Sale

1801 Glenn Street, Decatur, AL 35603

603 Sparkman Street SW, Hartselle, AL 35640

217 8th Street SW, Decatur, AL 35601

1816 SW Glenn Street, Decatur, AL 35603

805 Main Street East, Hartselle, AL 35640

1809 Windover Place SW, Decatur, AL 35603

1803 Graymont Lane, Decatur, AL 35603

609 Adelle Street, Hartselle, AL 35640

201 8TH AVENUE SW, Decatur, AL 35601

202 Somerville Road, Decatur, AL 35601

102 Puckett Rd, Hartselle, AL 35640

715 Main Street E, Hartselle, AL 35640

805 Main Street E, Hartselle, AL 35640

1803 Graymont Lane, Decatur, AL 35603

4009 US Highway 31 S, Decatur, AL 35603

410 11th Ave SW, Decatur, AL 35601

217 8th Street SW, Decatur, AL 35601

803 Main E Street, Hartselle, AL 35640

217 8th SW Street, Decatur, AL 35601

226 Cedar Lake Road, Decatur, AL 35603

2402 Gaslight Pl SW, Decatur, AL 35603

205 8th Ave SW, Decatur, AL 35601

Off-Market Properties in Morgan County, AL

1221 Grant SE St, Decatur, AL 35601-3218

2417 Gaslight SW Pl, Decatur, AL 35603-7941

Morgan County, AL Residential Income Properties Market Trends and Statistics

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