Rainbow City, AL Residential income properties for sale

Updated: Jul 14

38-Unit Apartment Complex

107 Bailey Street, Rainbow City, AL 35906

$2,105,000

38 units total: 31 two‑bedroom units with 1½ baths and 7 one‑bedroom units with 1 bath
Well‑maintained multifamily property
Location: 107 Bailey Street, Rainbow City, AL 35906
Described as minutes from shopping and schools
Major interstate access nearby

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Rainbow City, 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.

Mobile Home Park with Expansion Potential

6100 County Road 4, Boaz, AL 35957

$429,900

5,000 sqft 13.50 AC lot

Income-producing mobile home park in DeKalb County with 9 existing homes and space planned for additional units.

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Two-Cabin Duplex with Screened Porch

4415 Bristow Cove Road, Boaz, AL 35956

$249,900

1,660 sqft 3.00 AC lot

Two finished cabins on 3 acres with a pond, public water, and septic tank, plus wall and window heating and cooling.

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COMMERCIAL - Gadsden, AL

1801 S 11th Street, Gadsden, AL 35901

$176,500

1,000 sqft 1.75 AC lot

Commercial land · 1,000 SF

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Occupied Quadplex

1002 S 10TH STREET, Gadsden, AL 35901

$299,900

Four-unit residential income property with tenants in place and public water service.

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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.

Rainbow City Land For Sale

6.75 Acres Brown Avenue, Rainbow City, AL 35906

$399,900

6.75 AC lot

6.75 acre multi-family zoned land in Rainbow City, Alabama.

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Rainbow City Commercial Corner Lot

4012 (.75acre) Hwy 411, Rainbow City, AL 35906

$95,500

0.75 AC lot

Commercial or residential lot with highway frontage in Rainbow City.

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Southside, AL Vacant Land

Southside, AL 35907

$38,900

3.04 AC lot

3+/- acre lot in Southside, AL with development potential.

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Residential Lot in Gadsden, AL

1320 Alabama Avenue, Gadsden, AL 35901

Contact for pricing

0.16 AC lot

Buildable residential lot in Gadsden with utilities available.

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Off-Market Properties in Rainbow City, AL

Consider similar Off-Market properties in Rainbow City, 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.

MOBILE HOME PARK, TRAILER PARK

White Oak Cir, Rainbow City, AL 35906

Value Estimation by Request

19.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

304 Morgan St, Rainbow City, AL 35906-6336

Value Estimation by Request

2.50 AC lot

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Rainbow City, AL Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Rainbow City, AL on our real estate platform.

Sale prices for residential income properties in Rainbow City, AL average $2,105,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
35906	$2.1M

Neighborhood

Average Price

35906

$2.1M

Rainbow City, AL Residential Income Properties for Sale

107 Bailey Street, Rainbow City, AL 35906