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    Sheffield, AL Residential Income Properties for Sale

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    Muscle Shoals, AL Tuscumbia, AL Florence, AL
    12 listings
    Sheffield Multifamily Investment Opportunity
    $1,152,000
    24,680 SF
    Sheffield Multifamily Investment Opportunity

    701 6th St, Sheffield, AL 35660

    32-unit multifamily property in Sheffield, AL, ready for renovation.
    • Priced below tax appraisal and CBRE appraised value, offering immediate upside potential.
    • Vacant 32 two‑bedroom, one‑bath units, ready for renovations.
    • Excellent value‑add opportunity to reposition and maximize rental income.
    • Units are approximately 975 SF each.
    • Ideal project for investors.
    Updated: May 27
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    Six-Unit Apartment Building
    $310,000
    3,079 SF
    Six-Unit Apartment Building

    500 Annapolis Ave, Sheffield, AL 35660

    Six separately metered units with recent major updates, currently fully occupied and generating monthly rental income.
    • 6‑unit building is 100% occupied with $3,490/month in rent
    • Most capital expenditures completed within the last 5 years: new roof, windows, vinyl siding, plumbing, appliances, and window units
    • All units are separately metered with tenants paying their own utilities
    • Separate rent amounts include 4 units at $600/month, plus one at $575/month and one at $515/month
    • Metal roof; vinyl siding; vinyl and laminate flooring
    Updated: Jun 4
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    Sheffield Multifamily Redevelopment Opportunity
    $549,000
    1.32 Acres
    Sheffield Multifamily Redevelopment Opportunity

    Multifamily redevelopment with 18 renovated units, ready for completion.

    2905 E 12th Ave, Sheffield, AL 35660

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    Remodeled Mixed-Use Building For Sale
    $1,075,000
    12,000 SF
    Remodeled Mixed-Use Building For Sale

    Large, remodeled mixed-use building with apartments and business potential.

    309 N Montgomery Ave, Sheffield, AL 35660

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    Mixed-Use Property with Apartments
    $1,075,000
    12,000 SF
    Mixed-Use Property with Apartments

    Two buildings with established businesses and four apartments.

    310 N Montgomery Ave, Sheffield, AL 35660

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    Multifamily Townhome Redevelopment
    $549,000
    7,110 SF
    Multifamily Townhome Redevelopment

    Redevelopment project with 18 renovated townhome-style units and separate utilities, plus additional on-site space for flexible uses.

    2905 East 12th Avenue, Sheffield, AL 35660

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    32-Unit Apartment Building
    $1,152,000
    31,200 SF
    32-Unit Apartment Building

    Thirty-two two-bedroom, one-bath units are vacated and ready for renovation under a property sale geared to investors.

    701 W SIXTH ST, Sheffield, AL 35660

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    Shopping Center and Duplexes Bundle
    $699,900
    24,252 SF
    Shopping Center and Duplexes Bundle

    Multiple properties for sale, including a shopping center and duplexes.

    3019 Jackson Hwy, Sheffield, AL 35660

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    Remodeled Mixed-Use Building For Sale
    $1,075,000
    12,000 SF
    Remodeled Mixed-Use Building For Sale

    Large, remodeled mixed-use building with apartments and business potential.

    309 N Montgomery Ave, Sheffield, AL 35660

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    Mixed-Use Property with Apartments
    $1,075,000
    12,000 SF
    Mixed-Use Property with Apartments

    Two buildings with businesses and four occupied apartments for sale.

    310 N Montgomery Ave, Sheffield, AL 35660

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    Historic Mixed-Use Building For Sale
    $950,000
    4,863 SF
    Historic Mixed-Use Building For Sale

    Renovated 1916 building with mixed-use potential in Sheffield, AL.

    301 N Montgomery Ave, Sheffield, AL 35660

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    Historic Building with Renovation Potential
    $950,000
    4,863 SF
    Historic Building with Renovation Potential

    1916 building with restaurant, apartments, and retail potential.

    301 N Montgomery Ave, Sheffield, AL 35660

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 12 Active listings in Sheffield, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Tuscumbia Duplex: Investment Opportunity
    $190,000
    2,329 SF
    Tuscumbia Duplex: Investment Opportunity

    Remodeled duplex in Tuscumbia, ideal for investors or owner-occupants.

    304 5th St, Tuscumbia, AL 35674

    View details
    Downtown Florence Commercial Land Opportunity
    $725,000
    2,760 SF
    Downtown Florence Commercial Land Opportunity

    Prime downtown location with investment and income potential.

    111 N Court St, Florence, AL 35630

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    Downtown Florence Flex/Warehouse Facility
    $1,950,000
    28,429 SF
    Downtown Florence Flex/Warehouse Facility

    37,579 SF facility in downtown Florence, suitable for redevelopment.

    502 S Court St, Florence, AL 35630

    View details
    Remodeled Duplex with Rental Income
    $199,900
    Remodeled Duplex with Rental Income

    Remodeled duplex, new roof, potential for owner occupancy.

    304 5th St, Tuscumbia, AL 35674

    View details

    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.

    Sheffield, AL Versatile Land
    Contact for pricing
    0.56 Acres
    Sheffield, AL Versatile Land

    Centrally located level lot suitable for residential or commercial development.

    Atlanta Ave, Sheffield, AL 35660

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    Cleared Lot Near Downtown
    Contact for pricing
    0.14 Acres
    Cleared Lot Near Downtown

    Cleared lot ready for a new home near downtown.

    605 Raleigh Ave, Sheffield, AL 35660

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    Waterfront Lot with Sunset Views
    $189,000
    0.84 Acres
    Waterfront Lot with Sunset Views

    Gated waterfront lot with custom home plans and sunset views.

    00011 Clear View Dr, Sheffield, AL 35660

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    Residential Land in Sheffield, AL
    Contact for pricing
    0.38 Acres
    Residential Land in Sheffield, AL

    Residential lots in Rivermont, priced to sell.

    Pickwick St lot: 35, Sheffield, AL 35660

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    Off-Market Properties in Sheffield, AL

    Consider similar Off-Market properties in Sheffield, 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.

    500 Montgomery Ave
    Restaurants
    55,305 SF
    Value Estimation by Request

    500 Montgomery Ave, Sheffield, AL 35660

    View details

    Sheffield, AL Residential Income Properties Investment Opportunities Market Analysis

    Explore 13 residential income properties for sale in Sheffield, AL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 148,047 square feet of properties for sale, with an estimated market value of $10,062,900.

    Sale prices for residential income properties in Sheffield, AL start at $310,000, averaging $914,809, and reaching up to $1,152,000 — 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

    Multifamily properties 12
    Apartment buildings 11
    Duplexes 1

    Demographics Overview

    Population 9,385
    Population Growth (5Y) +4.4%
    Median Household Income $42,510
    College Educated 21.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    35660 $955.7K

    Taxes & Financing

    Tax Rate (average for all types) 5.03%
    Property Tax per SF $40.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Colbert County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

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