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 34 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
216 Shoreland Circle GULF SHORES, AL Wonderful opportunity to own your half of a duplex! You can relax on the 8x23 deck, in the...	4 beds \| 3 baths \| 1,574 sq.ft.	$735,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.19% Airbnb Rental Income: $2324 Traditional Rental Income: $2021 Airbnb ROI: -0.21% Traditional ROI: 0.19%
14165 River Oaks Drive Coden, AL BAYOU SHORES-does it get more peaceful sounding than that?! If you like being part of a wa...	5 beds \| 3 baths \| 1,890 sq.ft.	$234,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 6.98% Airbnb Rental Income: $746 Traditional Rental Income: $1913 Airbnb ROI: 0.29% Traditional ROI: 6.98%
24663 Chestnut Street Elberta, AL Discover investment potential in this renovated farmhouse duplex centrally located in Elbe...	4 beds \| 2 baths \| 2,114 sq.ft.	$324,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 11.68% Airbnb Rental Income: $606 Traditional Rental Income: $4040 Airbnb ROI: -0.51% Traditional ROI: 11.68%
503 Dusy Street Dothan, AL Charming 1936 home in the heart of Dothan offering 2,110 sq ft, 3 bedrooms, 2 baths, and i...	3 beds \| 2 baths \| 2,110 sq.ft.	$157,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 8.12% Airbnb Rental Income: $1098 Traditional Rental Income: $1496 Airbnb ROI: 2.99% Traditional ROI: 8.12%
5601 State Highway 180 #801 GULF SHORES, AL Unit 801 is a gorgeous, turnkey cottage just waiting for you and your family to enjoy and/...	3 beds \| 2 baths \| 1,135 sq.ft.	$349,500	Airbnb cash on cash: 3.49% Traditional cash on cash: 2.49% Airbnb Rental Income: $2324 Traditional Rental Income: $1421 Airbnb ROI: 3.49% Traditional ROI: 2.49%
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.	$630,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.05% Airbnb Rental Income: $1884 Traditional Rental Income: $2117 Airbnb ROI: 0.8% Traditional ROI: 2.05%
33228 Stables Drive Spanish Fort, AL Looking to invest in a great property? This one is sold with a Lease is in place! Property...	3 beds \| 2 baths \| 1,352 sq.ft.	$259,900	Airbnb cash on cash: 5.67% Traditional cash on cash: 4.67% Airbnb Rental Income: $2315 Traditional Rental Income: $1495 Airbnb ROI: 5.67% Traditional ROI: 4.67%
33208 Stables Drive #4-A Spanish Fort, AL Great investment opportunity with current lease! This beautiful condo is a must see! It's ...	3 beds \| 2 baths \| 1,520 sq.ft.	$245,000	Airbnb cash on cash: 5.67% Traditional cash on cash: 5.37% Airbnb Rental Income: $2315 Traditional Rental Income: $1671 Airbnb ROI: 5.67% Traditional ROI: 5.37%
224 W 6th Avenue GULF SHORES, AL Raised beach-style duplex offering the perfect blend of charm, durability, and long-term r...	4 beds \| 3 baths \| 1,800 sq.ft.	$539,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.43% Airbnb Rental Income: $2125 Traditional Rental Income: $2240 Airbnb ROI: 1.12% Traditional ROI: 2.43%
100 Sadie Lane Fairhope, AL 100 Sadie Lane, a single level, 3 bedroom, 3 bathroom "GOLD" Fortified home offering a dis...	3 beds \| 3 baths \| 2,092 sq.ft.	$785,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 1.04% Airbnb Rental Income: $3804 Traditional Rental Income: $2113 Airbnb ROI: 2.23% Traditional ROI: 1.04%
4375-B Lindsey Lane #B Orange Beach, AL Welcome to Orange Beach Villas-an inviting coastal community tucked just off Canal Road in...	3 beds \| 2 baths \| 1,126 sq.ft.	$335,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 2.82% Airbnb Rental Income: $1694 Traditional Rental Income: $1494 Airbnb ROI: 1.96% Traditional ROI: 2.82%
4260 Lindsey Lane #B Orange Beach, AL Welcome to your coastal retreat in the heart of Orange Beach! This 3-bedroom, 2-bathroom v...	3 beds \| 2 baths \| 1,126 sq.ft.	$304,999	Airbnb cash on cash: 2.8% Traditional cash on cash: 3.09% Airbnb Rental Income: $1884 Traditional Rental Income: $1467 Airbnb ROI: 2.8% Traditional ROI: 3.09%
1232 E Hummingbird Lane #202 GULF SHORES, AL Welcome to this spacious 2-bedroom, 2-bathroom ground-floor condo in the desirable Oyster ...	2 beds \| 2 baths \| 1,341 sq.ft.	$230,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 5.21% Airbnb Rental Income: $1360 Traditional Rental Income: $1504 Airbnb ROI: 2.64% Traditional ROI: 5.21%
4364 State Highway 180 #A GULF SHORES, AL South Pointe Unit A is a luxurious 4-bedroom, 5.5-bathroom Gulf-front duplex located at 43...	4 beds \| 6 baths \| 3,255 sq.ft.	$1,100,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 6.29% Airbnb Rental Income: $2125 Traditional Rental Income: $8041 Airbnb ROI: -0.02% Traditional ROI: 6.29%
1231 W Beach Boulevard #1 GULF SHORES, AL Income-Producing Gulf Shores beachfront retreat with the privacy of a duplex - and NO HOA....	5 beds \| 3 baths \| 2,475 sq.ft.	$1,525,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 0.63% Airbnb Rental Income: $2125 Traditional Rental Income: $2984 Airbnb ROI: -0.36% Traditional ROI: 0.63%
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: -0.52% Traditional cash on cash: 0.54% Airbnb Rental Income: $907 Traditional Rental Income: $1138 Airbnb ROI: -0.52% Traditional ROI: 0.54%
641 Ohana Lane #C GULF SHORES, AL Just steps from the Gulf, this stunning four-bedroom, three-bath coastal residence places ...	4 beds \| 3 baths \| 2,445 sq.ft.	$1,149,999	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.97% Airbnb Rental Income: $1360 Traditional Rental Income: $2756 Airbnb ROI: -0.72% Traditional ROI: 0.97%
4374 Lindsey Lane #A Orange Beach, AL Fantastic Orange Beach Location and an even better Price! Own a Piece of Paradise for only...	3 beds \| 2 baths \| 1,126 sq.ft.	$318,500	Airbnb cash on cash: 6.26% Traditional cash on cash: 3.67% Airbnb Rental Income: $3163 Traditional Rental Income: $1671 Airbnb ROI: 6.26% Traditional ROI: 3.67%
1454 Sandy Lane #B GULF SHORES, AL Priced to Sell! This listing is for the western half of the duplex. This very well-maintai...	4 beds \| 4 baths \| 2,718 sq.ft.	$689,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.37% Airbnb Rental Income: $2324 Traditional Rental Income: $3268 Airbnb ROI: 1.01% Traditional ROI: 3.37%
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.	$155,000	Airbnb cash on cash: 5.91% Traditional cash on cash: 7.58% Airbnb Rental Income: $1680 Traditional Rental Income: $1459 Airbnb ROI: 5.91% Traditional ROI: 7.58%
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: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $511 Airbnb ROI: N/A Traditional ROI: 4.6%
1438 Sandy Lane #B GULF SHORES, AL Welcome to 1438 Sandy Lane, Unit B-a turnkey coastal retreat situated in The Dunes, offeri...	4 beds \| 3 baths \| 2,383 sq.ft.	$659,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 2.41% Airbnb Rental Income: $2324 Traditional Rental Income: $2514 Airbnb ROI: 1.17% Traditional ROI: 2.41%
933 Calalou Way #B GULF SHORES, AL Imagine living in this highly sought after gated, coastal community of Martinique! This im...	3 beds \| 3 baths \| 2,029 sq.ft.	$625,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.04% Airbnb Rental Income: $2324 Traditional Rental Income: $2009 Airbnb ROI: 1.59% Traditional ROI: 2.04%
908 W Lagoon Avenue #Bldg 4 GULF SHORES, AL Beautifully maintained 3 bedroom 2 bath condo in the heart of Gulf Shores. This bright, be...	3 beds \| 2 baths \| 1,692 sq.ft.	$499,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 1.7% Airbnb Rental Income: $2125 Traditional Rental Income: $1613 Airbnb ROI: 1.63% Traditional ROI: 1.7%
16985 State Highway 104 Silverhill, AL Investment Opportunity or Multigenerational Living in SilverhillRare opportunity to own a ...	4 beds \| 4 baths \| 2,309 sq.ft.	$450,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.7% Airbnb Rental Income: $1729 Traditional Rental Income: $2342 Airbnb ROI: 1.11% Traditional ROI: 3.7%
26427 Marina Road Orange Beach, AL Rare opportunity to own one side or both sides of this spacious canal-front duplex! The Ea...	5 beds \| 5 baths \| 5,000 sq.ft.	$1,299,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.89% Airbnb Rental Income: $3163 Traditional Rental Income: $4420 Airbnb ROI: 0.26% Traditional ROI: 1.89%
26425 Marina Road Orange Beach, AL Rare opportunity to own one side or both sides of this large canal-front duplex! The The w...	5 beds \| 5 baths \| 4,900 sq.ft.	$1,250,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2% Airbnb Rental Income: $3163 Traditional Rental Income: $4420 Airbnb ROI: 0.31% Traditional ROI: 2%
14774 Bel Aire Est Coker, AL Welcome to 14774 Bel Aire Estate in Coker, Alabama, where you'll feel at home the moment y...	4 beds \| 3 baths \| 3,632 sq.ft.	$529,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 5.45% Airbnb Rental Income: $355 Traditional Rental Income: $3345 Airbnb ROI: -1.09% Traditional ROI: 5.45%
2nd Ave Fayette, AL 2nd Ave, Fayette, AL 35555 \| Multi Family	N/A beds \| N/A baths \| N/A	$496,500	Airbnb cash on cash: N/A Traditional cash on cash: 0.12% Airbnb Rental Income: $null Traditional Rental Income: $804 Airbnb ROI: N/A Traditional ROI: 0.12%
120 W 3rd Avenue #A & B GULF SHORES, AL Entire duplex for sale! Live the Gulf Shores lifestyle with built-in income potential! Thi...	4 beds \| 2 baths \| 1,280 sq.ft.	$679,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 0.85% Airbnb Rental Income: $1316 Traditional Rental Income: $1547 Airbnb ROI: -0.16% Traditional ROI: 0.85%
6634 Spaniel Drive Spanish Fort, AL This is a Coming Soon Listing. Welcome home to this move-in-ready GOLD Fortified duplex in...	3 beds \| 3 baths \| 1,440 sq.ft.	$250,000	Airbnb cash on cash: 5.62% Traditional cash on cash: 4.7% Airbnb Rental Income: $2315 Traditional Rental Income: $1524 Airbnb ROI: 5.62% Traditional ROI: 4.7%
472 Claxton Ave North Elba, AL 472 Claxton Ave North, Elba, AL 36323 \| Multi Family	4 beds \| 2 baths \| 1,581 sq.ft.	$177,850	Airbnb cash on cash: N/A Traditional cash on cash: 8.93% Airbnb Rental Income: $null Traditional Rental Income: $1845 Airbnb ROI: N/A Traditional ROI: 8.93%

Your search for investment property begins and ends here

Multi Family for Sale in Alabama

216 Shoreland Circle

GULF SHORES, AL

4 beds | 3 baths | 1,574 sq.ft.

$735,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 0.19%

Airbnb Rental Income: $2324

Traditional Rental Income: $2021

Airbnb ROI: -0.21%

Traditional ROI: 0.19%

14165 River Oaks Drive

Coden, AL

5 beds | 3 baths | 1,890 sq.ft.

$234,000

Airbnb cash on cash: 0.29%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $746

Traditional Rental Income: $1913

Airbnb ROI: 0.29%

Traditional ROI: 6.98%

24663 Chestnut Street

Elberta, AL

4 beds | 2 baths | 2,114 sq.ft.

$324,900

Airbnb cash on cash: -0.51%

Traditional cash on cash: 11.68%

Airbnb Rental Income: $606

Traditional Rental Income: $4040

Airbnb ROI: -0.51%

Traditional ROI: 11.68%

503 Dusy Street

Dothan, AL

3 beds | 2 baths | 2,110 sq.ft.

$157,000

Airbnb cash on cash: 2.99%

Traditional cash on cash: 8.12%

Airbnb Rental Income: $1098

Traditional Rental Income: $1496

Airbnb ROI: 2.99%

Traditional ROI: 8.12%

5601 State Highway 180 #801

GULF SHORES, AL

3 beds | 2 baths | 1,135 sq.ft.

$349,500

Airbnb cash on cash: 3.49%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $2324

Traditional Rental Income: $1421

Airbnb ROI: 3.49%

Traditional ROI: 2.49%

6319 Gifford

Pasadena, AL

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

4 beds | 2 baths | 2,063 sq.ft.

$630,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $1884

Traditional Rental Income: $2117

Airbnb ROI: 0.8%

Traditional ROI: 2.05%

33228 Stables Drive

Spanish Fort, AL

3 beds | 2 baths | 1,352 sq.ft.

$259,900

Airbnb cash on cash: 5.67%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $2315

Traditional Rental Income: $1495

Airbnb ROI: 5.67%