Real Estate Investment Properties for Sale in Alabama

Looking for investment property in Alabama with high ROI ?

Explore a variety of short-term homes & houses in Alabama. Invest wisely with VRBO & Alabama Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Alabama

Search for Multi Family for Sale in Alabama. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 50 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5402 Avenue D FAIRFIELD, AL This is 3 detached homes on a single parcel. Each a separate single family home is 3 bedr...	9 beds \| 3 baths \| 3,444 sq.ft.	$225,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.89% Airbnb Rental Income: $942 Traditional Rental Income: $1435 Airbnb ROI: 0.95% Traditional ROI: 4.89%
664 Headland Ave Dothan, AL Turnkey rental portfolio available consisting of five single-family homes and one duplex i...	2 beds \| 2 baths \| 1,170 sq.ft.	$599,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 0.77% Airbnb Rental Income: $1016 Traditional Rental Income: $1092 Airbnb ROI: -0.01% Traditional ROI: 0.77%
1723 N 8TH AVENUE BESSEMER, AL PROFESSIONAL PHOTOS ARE IN!!!!! This 3,800sft duplex was renovated inside and out in 2023 ...	5 beds \| 4 baths \| N/A	$270,900	Airbnb cash on cash: 2.52% Traditional cash on cash: 6.57% Airbnb Rental Income: $1540 Traditional Rental Income: $2130 Airbnb ROI: 2.52% Traditional ROI: 6.57%
165 N Horton Rd WILSONVILLE, AL Maximize your ROI at The Cabins of Lay Lake at Beeswax. This high-yield investment feature...	12 beds \| 6 baths \| 4,800 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $6370 Airbnb ROI: N/A Traditional ROI: 3.27%
904 HAMILTON ST Dothan, AL Great income-producing opportunity! This duplex features two 1-bedroom, 1-bath units, eac...	1 beds \| 1 baths \| 1,118 sq.ft.	$75,500	Airbnb cash on cash: 8.6% Traditional cash on cash: 9.41% Airbnb Rental Income: $1233 Traditional Rental Income: $899 Airbnb ROI: 8.6% Traditional ROI: 9.41%
3713 6TH AVENUE Birmingham, AL This duplex in the sought-after neighborhood of Avondale presents an incredible opportunit...	4 beds \| 4 baths \| N/A	$575,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.96% Airbnb Rental Income: $1371 Traditional Rental Income: $2488 Airbnb ROI: 0.11% Traditional ROI: 2.96%
1713 6TH PLACE CIRCLE Center Point, AL Investor Opportunity in Center Point. Turnkey Duplex with Strong Cash Flow! Donât miss t...	3 beds \| 2 baths \| N/A	$249,500	Airbnb cash on cash: 2.71% Traditional cash on cash: 3.31% Airbnb Rental Income: $1406 Traditional Rental Income: $1123 Airbnb ROI: 2.71% Traditional ROI: 3.31%
317 Main St W Mobile, AL INVESTORS DREAM quadplex for sale currently getting 2,960/month in rent. All utilitie...	N/A beds \| N/A baths \| 1,200 sq.ft.	$225,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 1.92% Airbnb Rental Income: $1200 Traditional Rental Income: $803 Airbnb ROI: 1.96% Traditional ROI: 1.92%
6319 Gifford Pasadena, AL *GREAT INVESTOR OPPORTUNITY* Quadruplex for sale with four separate dwellings on a spa...	5 beds \| 4 baths \| 2,329 sq.ft.	$989,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $4979 Airbnb ROI: N/A Traditional ROI: 4.29%
26065 Cotton Bayou Drive Orange Beach, AL 100% occupied and income-producing duplex located in the popular Cotton Bayou area of Oran...	4 beds \| 2 baths \| 2,063 sq.ft.	$643,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.99% Airbnb Rental Income: $1772 Traditional Rental Income: $2117 Airbnb ROI: 0.61% Traditional ROI: 1.99%
1512 CULLMAN AVENUE Birmingham, AL Attention investors! Donât miss this excellent investment opportunity at 1512 Cullman Av...	4 beds \| 2 baths \| N/A	$550,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.55% Airbnb Rental Income: $924 Traditional Rental Income: $2046 Airbnb ROI: -0.3% Traditional ROI: 2.55%
755 County Road 355 Leesburg, AL Discover this unique multi-family property offering endless possibilities on 2.9 acres. Th...	6 beds \| 4 baths \| 2,000 sq.ft.	$350,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 3.92% Airbnb Rental Income: $212 Traditional Rental Income: $1721 Airbnb ROI: -1.35% Traditional ROI: 3.92%
4135 Coleman Rd CARROLLTON, AL ?? Spacious Family Home on 3+ Acres Beautifully renovated 4BR/2.5BA home on 3+ acres just ...	4 beds \| 2 baths \| 3,600 sq.ft.	$321,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.99% Airbnb Rental Income: $null Traditional Rental Income: $2879 Airbnb ROI: N/A Traditional ROI: 7.99%
6488 Sawgrass Drive GULF SHORES, AL Morgantown Beach Side Duplex - This property offers incredible investment opportunity with...	8 beds \| 6 baths \| 3,300 sq.ft.	$1,295,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 4.14% Airbnb Rental Income: $1252 Traditional Rental Income: $6498 Airbnb ROI: -0.55% Traditional ROI: 4.14%
5912 2ND AVENUE Birmingham, AL Turnkey Duplex Investment Near Downtown Birmingham. Rare opportunity to own a fully renova...	2 beds \| 1 baths \| N/A	$225,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.41% Airbnb Rental Income: $1147 Traditional Rental Income: $1306 Airbnb ROI: 0.87% Traditional ROI: 3.41%
409 S Orleans St Florence, AL Great investment opportunity in a prime location! This property features three duplexes wi...	N/A beds \| N/A baths \| N/A	$449,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 0.92% Airbnb Rental Income: $897 Traditional Rental Income: $1011 Airbnb ROI: -0.16% Traditional ROI: 0.92%
18975 3rd St S Citronelle, AL 18975 S 3rd St, Citronelle, AL 36522 \| Multi Family	N/A beds \| N/A baths \| 0 sq.ft.	$410,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.15% Airbnb Rental Income: $null Traditional Rental Income: $692 Airbnb ROI: N/A Traditional ROI: 0.15%
88235 Highway 9 LINEVILLE, AL 88235 Highway 9, LINEVILLE, AL 36266 \| Multi Family	2 beds \| 1 baths \| 912 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.54% Airbnb Rental Income: $null Traditional Rental Income: $1138 Airbnb ROI: N/A Traditional ROI: 0.54%
2105 English Village Ln Birmingham, AL 2105 English Village Ln, Birmingham, AL 35223 \| Multi Family	5 beds \| N/A baths \| 5,000 sq.ft.	$650,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 1.21% Airbnb Rental Income: $547 Traditional Rental Income: $1683 Airbnb ROI: -1.12% Traditional ROI: 1.21%
3014 Ponce De Leon Court #A&B GULF SHORES, AL RARE GULF-FRONT DUPLEX OPPORTUNITY!Exceptional 12-bedroom, 10-bath income-producing Gulf-f...	12 beds \| 10 baths \| 6,558 sq.ft.	$2,599,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.35% Airbnb Rental Income: $1252 Traditional Rental Income: $6056 Airbnb ROI: -0.81% Traditional ROI: 1.35%
115/119 Pine Meadow Cir Millbrook, AL Located in Elmore, Alabama, 115/119 Pine Meadow Circle offers a peaceful setting in a quie...	6 beds \| 6 baths \| N/A	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $1797 Airbnb ROI: N/A Traditional ROI: 4.25%
607 S Mobile St Linden, AL GREAT APARTMENTS!!! 8 units. Townhomes. Each unit is 2bed/1bath. Separate electric meters....	N/A beds \| N/A baths \| 7,728 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.64% Airbnb Rental Income: $null Traditional Rental Income: $1235 Airbnb ROI: N/A Traditional ROI: 2.64%
23888 US Highway 98 Elberta, AL This duplex is located just off U.S. Highway 98 in the Elberta/Foley market on approximate...	6 beds \| 4 baths \| 2,800 sq.ft.	$429,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 5.65% Airbnb Rental Income: $1436 Traditional Rental Income: $2809 Airbnb ROI: 1.17% Traditional ROI: 5.65%
4016 38TH AVENUE Birmingham, AL Please do not disturb tenants. Great property in the opportunity zone.	2 beds \| 1 baths \| 1,756 sq.ft.	$175,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 6.88% Airbnb Rental Income: $986 Traditional Rental Income: $1520 Airbnb ROI: 1.56% Traditional ROI: 6.88%
4008 38TH AVENUE Birmingham, AL Do not disturb tenants. Great investment property in the opportunity zone.	2 beds \| 1 baths \| N/A	$175,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 6.98% Airbnb Rental Income: $986 Traditional Rental Income: $1520 Airbnb ROI: 1.66% Traditional ROI: 6.98%
145 Dutch Ave Hamilton, AL A rare investment opportunity in a peaceful country setting, with no restrictions! This fu...	N/A beds \| N/A baths \| 3,000 sq.ft.	$297,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $1736 Airbnb ROI: N/A Traditional ROI: 4.71%
405 3rd St HANCEVILLE, AL 405 3rd St, HANCEVILLE, AL 35057 \| Multi Family	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.56% Airbnb Rental Income: $878 Traditional Rental Income: $1123 Airbnb ROI: 0.32% Traditional ROI: 2.56%
814 Wasson Ave S Mobile, AL Discover this well-maintained 2--bedroom, 1-bath home located on South Wasson Avenue in Mo...	N/A beds \| N/A baths \| N/A	$84,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $581 Airbnb ROI: N/A Traditional ROI: 4.15%
902 1st Cor Lanett, AL INVESTOR'S SPECIAL!!! CHECK OUT THIS NICE DUPLEX READY TO ADD TO YOUR PORTFOLIO. IT'S LOCA...	1 beds \| N/A baths \| 1,307 sq.ft.	$98,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.79% Airbnb Rental Income: $null Traditional Rental Income: $1257 Airbnb ROI: N/A Traditional ROI: 10.79%
415 2nd Ave SE Hamilton, AL This fully renovated 4-plex is an investor's goldmine. Here's what makes this property spe...	N/A beds \| N/A baths \| 3,000 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $1652 Airbnb ROI: N/A Traditional ROI: 4.5%
315 Tabernacle Rd Brent, AL 315 Tabernacle Rd, Brent, AL 35034 \| Multi Family	5 beds \| 2 baths \| 2,467 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $2281 Airbnb ROI: N/A Traditional ROI: 6.88%
115 Woodrun Drive Enterprise, AL Investment opportunity with current rental in place! This well-maintained end-unit townhou...	3 beds \| 3 baths \| 1,494 sq.ft.	$164,999	Airbnb cash on cash: 0.05% Traditional cash on cash: 7.08% Airbnb Rental Income: $651 Traditional Rental Income: $1459 Airbnb ROI: 0.05% Traditional ROI: 7.08%
4809 Friendship Rd Brent, AL 23 ACRES OF REAL ESTATE IN BIBB COUNTY BUT ONLY 25 MINUTES FROM TUSCALOOSA- JOINS TALLADEG...	5 beds \| 3 baths \| 2,000 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $2558 Airbnb ROI: N/A Traditional ROI: 5.45%
1251 Davis Mill Rd Slocomb, AL Over 3.33 acres with existing mobile homes. Perfect for investors, expansion, or personal ...	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $1184 Airbnb ROI: N/A Traditional ROI: 5.46%
680 Pine Acres Newton, AL Over 7.28 acres of land with existing mobile homes. Whether you're looking to invest, deve...	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $1184 Airbnb ROI: N/A Traditional ROI: 5.46%
312 7th St Chickasaw, AL Income property in Chickasaw's West Village featuring 2 units, each unit includes 3 bedroo...	N/A beds \| N/A baths \| N/A	$119,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 7.67% Airbnb Rental Income: $581 Traditional Rental Income: $1191 Airbnb ROI: -0.07% Traditional ROI: 7.67%
308 Lee St Chickasaw, AL 308 Lee St, Chickasaw, AL 36611 \| Multi Family	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.6% Airbnb Rental Income: $581 Traditional Rental Income: $511 Airbnb ROI: 1.49% Traditional ROI: 4.6%
2963 Pump House Rd VESTAVIA HILLS, AL Great "House Hack" opportunity! Please feel free to ask about the investment proforma. R...	6 beds \| 4 baths \| 3,796 sq.ft.	$649,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 2.07% Airbnb Rental Income: $1339 Traditional Rental Income: $1963 Airbnb ROI: 0.36% Traditional ROI: 2.07%

Your search for investment property begins and ends here

Multi Family for Sale in Alabama

5402 Avenue D

FAIRFIELD, AL

9 beds | 3 baths | 3,444 sq.ft.

$225,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $942

Traditional Rental Income: $1435

Airbnb ROI: 0.95%

Traditional ROI: 4.89%

664 Headland Ave

Dothan, AL

2 beds | 2 baths | 1,170 sq.ft.

$599,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 0.77%

Airbnb Rental Income: $1016

Traditional Rental Income: $1092

Airbnb ROI: -0.01%

Traditional ROI: 0.77%

1723 N 8TH AVENUE

BESSEMER, AL

5 beds | 4 baths | N/A

$270,900

Airbnb cash on cash: 2.52%

Traditional cash on cash: 6.57%

Airbnb Rental Income: $1540

Traditional Rental Income: $2130

Airbnb ROI: 2.52%

Traditional ROI: 6.57%

165 N Horton Rd

WILSONVILLE, AL

12 beds | 6 baths | 4,800 sq.ft.

$1,500,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.27%

Airbnb Rental Income: $null

Traditional Rental Income: $6370

Airbnb ROI: N/A

Traditional ROI: 3.27%

904 HAMILTON ST

Dothan, AL

1 beds | 1 baths | 1,118 sq.ft.

$75,500

Airbnb cash on cash: 8.6%

Traditional cash on cash: 9.41%

Airbnb Rental Income: $1233

Traditional Rental Income: $899

Airbnb ROI: 8.6%

Traditional ROI: 9.41%

3713 6TH AVENUE

Birmingham, AL

4 beds | 4 baths | N/A

$575,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1371

Traditional Rental Income: $2488

Airbnb ROI: 0.11%

Traditional ROI: 2.96%

1713 6TH PLACE CIRCLE

Center Point, AL

3 beds | 2 baths | N/A

$249,500

Airbnb cash on cash: 2.71%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $1406

Traditional Rental Income: $1123

Airbnb ROI: 2.71%

Traditional ROI: 3.31%

317 Main St W

Mobile, AL

N/A beds | N/A baths | 1,200 sq.ft.

$225,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $1200

Traditional Rental Income: $803

Airbnb ROI: 1.96%