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.

Townhouses for Sale in Alabama

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

Showing 417 Townhouse 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
22 S Perry Street Montgomery, AL Discover a truly extraordinary living space in this one-of-a-kind townhome, meticulously r...	2 beds \| 4 baths \| 2,550 sq.ft.	$499,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.55% Airbnb Rental Income: $1561 Traditional Rental Income: $2410 Airbnb ROI: 0.77% Traditional ROI: 3.55%
210 PARK PLACE Oxford, AL Donât miss this completely remodeled and move-in ready townhome offering stunning views ...	3 beds \| 3 baths \| N/A	$234,500	Airbnb cash on cash: 3.54% Traditional cash on cash: 8.2% Airbnb Rental Income: $1657 Traditional Rental Income: $2224 Airbnb ROI: 3.54% Traditional ROI: 8.2%
1303 HILLSBORO LANE HELENA, AL Opportunity Knocks within sought after Helena School District, and just minutes to "Entert...	3 beds \| 3 baths \| N/A	$205,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 7.84% Airbnb Rental Income: $1343 Traditional Rental Income: $1893 Airbnb ROI: 2.89% Traditional ROI: 7.84%
2307 CHESHIRE DRIVE Birmingham, AL Welcome to this beautifully maintained townhouse in the heart of Grayson Valley. Step ins...	2 beds \| 2 baths \| N/A	$135,000	Airbnb cash on cash: 6.57% Traditional cash on cash: 9.22% Airbnb Rental Income: $1580 Traditional Rental Income: $1472 Airbnb ROI: 6.57% Traditional ROI: 9.22%
2311 FRAIM DRIVE PELL CITY, AL Welcome to Beautiful lake Views! 2 Bedroom + Upstairs Landing Area that will Hold Bunk Bed...	2 beds \| 2 baths \| N/A	$314,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 5.04% Airbnb Rental Income: $1547 Traditional Rental Income: $1931 Airbnb ROI: 2.24% Traditional ROI: 5.04%
1602 Limestone Court Montgomery, AL This home is furnished and move-in ready! Townhome is located in a quiet cul-de-sac. A SMA...	2 beds \| 3 baths \| 1,320 sq.ft.	$139,900	Airbnb cash on cash: 5.41% Traditional cash on cash: 6.07% Airbnb Rental Income: $1438 Traditional Rental Income: $1098 Airbnb ROI: 5.41% Traditional ROI: 6.07%
2735 NIAZUMA AVENUE Birmingham, AL Darling townhouse in one of Birmingham's most desirable neighborhoods! Located right next ...	2 beds \| 3 baths \| N/A	$294,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 4.53% Airbnb Rental Income: $1180 Traditional Rental Income: $1742 Airbnb ROI: 1.11% Traditional ROI: 4.53%
709 CAHABA MANOR DRIVE Pelham, AL Welcome to Cahaba Manor Townhomes! This 3-bedroom, 2.5-bath townhome is full of potential ...	3 beds \| 3 baths \| N/A	$155,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 8.96% Airbnb Rental Income: $1269 Traditional Rental Income: $1630 Airbnb ROI: 3.82% Traditional ROI: 8.96%
676 FLAG CIRCLE HOOVER, AL Full brick Lake Crest townhome featuring one of the larger open floor plans with 3 bedroom...	3 beds \| 3 baths \| N/A	$426,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 3.03% Airbnb Rental Income: $2131 Traditional Rental Income: $1866 Airbnb ROI: 2.33% Traditional ROI: 3.03%
2909 Canterbury Drive Montgomery, AL This townhouse is simply stunning with many upgrades, included a new roof, 2 a/c units, st...	3 beds \| 3 baths \| 1,920 sq.ft.	$249,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 6.01% Airbnb Rental Income: $1759 Traditional Rental Income: $1881 Airbnb ROI: 3.44% Traditional ROI: 6.01%
152 POLO DOWNS CHELSEA, AL Welcome to this charming 2-bedroom, 2-bath townhome in the Polo Crossings neighborhood of ...	2 beds \| 2 baths \| N/A	$218,500	Airbnb cash on cash: 2.43% Traditional cash on cash: 5.76% Airbnb Rental Income: $1292 Traditional Rental Income: $1577 Airbnb ROI: 2.43% Traditional ROI: 5.76%
2033 HAZEL HEDGE Lane Montgomery, AL Welcome to this spacious 2-bedroom, 2.5-bathroom condo nestled in one of the most sought-a...	2 beds \| 3 baths \| 1,740 sq.ft.	$160,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 8.09% Airbnb Rental Income: $1438 Traditional Rental Income: $1606 Airbnb ROI: 4.18% Traditional ROI: 8.09%
6731 Spaniel Drive Spanish Fort, AL Welcome to Quail Hollow in Spanish Fort, where low-maintenance living meets modern design ...	3 beds \| 3 baths \| N/A	$239,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 2.92% Airbnb Rental Income: $2423 Traditional Rental Income: $1413 Airbnb ROI: 4.77% Traditional ROI: 2.92%
4054 Camellia Drive Montgomery, AL Welcome to 4054 Camellia Drive, a beautifully updated 3-bedroom, 2-bath townhome offering ...	3 beds \| 2 baths \| 1,725 sq.ft.	$139,900	Airbnb cash on cash: 7.41% Traditional cash on cash: 10.93% Airbnb Rental Income: $1759 Traditional Rental Income: $1750 Airbnb ROI: 7.41% Traditional ROI: 10.93%
2058 ROSS PARK WAY HOOVER, AL OPEN HOUSE 11/23 2-4pm. Wonderful opportunity in the sought-after Ross Bridge community! T...	3 beds \| 4 baths \| N/A	$412,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.38% Airbnb Rental Income: $2131 Traditional Rental Income: $2713 Airbnb ROI: 2.46% Traditional ROI: 5.38%
17 Mcphillips Avenue Mobile, AL Rare opportunity in Midtown! Available for purchase is a duplex on coveted McPhillips Ave...	2 beds \| 1 baths \| N/A	$342,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 1.72% Airbnb Rental Income: $1648 Traditional Rental Income: $1144 Airbnb ROI: 1.84% Traditional ROI: 1.72%
920 W Lagoon Dr. GULF SHORES, AL	2 beds \| 2 baths \| N/A	$245,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.87% Airbnb Rental Income: $1456 Traditional Rental Income: $1547 Airbnb ROI: 2.61% Traditional ROI: 4.87%
3940 GRAHAM DRIVE IRONDALE, AL This well cared for beautiful 2 bedroom and 2 full bathroom townhome shines above the rest...	2 beds \| 2 baths \| N/A	$309,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.92% Airbnb Rental Income: $1253 Traditional Rental Income: $1647 Airbnb ROI: 1.2% Traditional ROI: 3.92%
718 3RD STREET ALABASTER, AL SUPER CONVENIENT!! You will love this townhouse! SO close to hospital, dining, major inte...	3 beds \| 3 baths \| N/A	$199,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 8.99% Airbnb Rental Income: $1260 Traditional Rental Income: $2066 Airbnb ROI: 2.64% Traditional ROI: 8.99%
218 CARL NICHOLS DRIVE Pelham, AL This is a great 3 bedroom, 2 1/2 bath townhome in the heart of Pelham. Close to hwy 31 and...	3 beds \| 3 baths \| N/A	$199,900	Airbnb cash on cash: 2.68% Traditional cash on cash: 8.47% Airbnb Rental Income: $1269 Traditional Rental Income: $1967 Airbnb ROI: 2.68% Traditional ROI: 8.47%
615 MOUNTAIN LAUREL COURT HOOVER, AL Great opportunity to be in Riverchase!!! This adorable 2 Bedroom, 2 1/2 Bath Townhome is s...	2 beds \| 3 baths \| N/A	$289,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.85% Airbnb Rental Income: $1180 Traditional Rental Income: $1798 Airbnb ROI: 1.16% Traditional ROI: 4.85%
112 CHASE CREEK CIRCLE Pelham, AL Welcome to your dream home at Chase Creek Townhomes! This stunning 1995 gem underwent a co...	2 beds \| 2 baths \| N/A	$214,900	Airbnb cash on cash: 3.64% Traditional cash on cash: 5.09% Airbnb Rental Income: $1572 Traditional Rental Income: $1416 Airbnb ROI: 3.64% Traditional ROI: 5.09%
430 Autumnwood Drive DECATUR, AL Beautifully updated 3 bed, 2 bath home in a quiet Decatur neighborhood! This 1,390 sqft pr...	3 beds \| 2 baths \| 1,390 sq.ft.	$175,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 7.21% Airbnb Rental Income: $1248 Traditional Rental Income: $1531 Airbnb ROI: 3.13% Traditional ROI: 7.21%
43 Pine Street HUNTSVILLE, AL Welcome to this beautiful townhouse located in the Village of Providence where luxury meet...	2 beds \| 3 baths \| 1,406 sq.ft.	$350,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.74% Airbnb Rental Income: $1051 Traditional Rental Income: $1637 Airbnb ROI: -0.15% Traditional ROI: 2.74%
205 WILLOW POINT CIRCLE ALABASTER, AL Step into this inviting 2 bedroom, 2.5 bath townhouse that feels warm and welcoming from t...	2 beds \| 3 baths \| N/A	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $1793 Airbnb ROI: N/A Traditional ROI: 8.51%
1907 Westminster Drive PHENIX CITY, AL Discover Phenix City beauty with 4 bedrooms + bonus room. 2 full Bath. Open floor plan wit...	4 beds \| 3 baths \| 2,640 sq.ft.	$347,500	Airbnb cash on cash: 2.26% Traditional cash on cash: 5.55% Airbnb Rental Income: $1793 Traditional Rental Income: $2377 Airbnb ROI: 2.26% Traditional ROI: 5.55%
8016 Misty Valley Way Owens Cross Roads, AL Welcome home to this beautifully maintained single-level townhome featuring mountain views...	3 beds \| 2 baths \| 1,691 sq.ft.	$319,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 4.2% Airbnb Rental Income: $1495 Traditional Rental Income: $1840 Airbnb ROI: 1.6% Traditional ROI: 4.2%
1722 MOUNTAIN LAUREL LANE HOOVER, AL This is a beautiful Townhouse in Riverchase. The main floor boasts hardwood flooring and a...	3 beds \| 3 baths \| N/A	$348,500	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.18% Airbnb Rental Income: $2131 Traditional Rental Income: $1921 Airbnb ROI: 3.15% Traditional ROI: 4.18%
6122 Bay Village Dr Athens, AL Relax on the balcony over looking the beautiful Tennessee River, Wheeler Lake. This 2 Bed...	2 beds \| 2 baths \| 1,384 sq.ft.	$269,500	Airbnb cash on cash: 2.47% Traditional cash on cash: 2.89% Airbnb Rental Income: $1918 Traditional Rental Income: $1516 Airbnb ROI: 2.47% Traditional ROI: 2.89%
2117 MORRIS AVENUE Birmingham, AL Step into sleek downtown living with this sensational 3-bed, 3.5-bath modern townhouse on ...	3 beds \| 4 baths \| N/A	$1,250,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.35% Airbnb Rental Income: $1496 Traditional Rental Income: $2134 Airbnb ROI: -0.58% Traditional ROI: 0.35%
3452 FELDSPAR CIRCLE VESTAVIA HILLS, AL Beautiful year-old townhome on perferred lot in the BrayField at Liberty Park!! Well maint...	3 beds \| 4 baths \| N/A	$499,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 4.54% Airbnb Rental Income: $1319 Traditional Rental Income: $2867 Airbnb ROI: 0.34% Traditional ROI: 4.54%
434 Summerview Drive Madison, AL Care free living in this end unit, one level townhome with an attached 2 car garage. All ...	2 beds \| 2 baths \| 1,317 sq.ft.	$178,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 3.86% Airbnb Rental Income: $1549 Traditional Rental Income: $1451 Airbnb ROI: 1.8% Traditional ROI: 3.86%
15 Eddy Street NW HUNTSVILLE, AL Ask about our 10K Buyer Promotion! Full Brick traditional townhome featuring spacious fr...	3 beds \| 4 baths \| 2,144 sq.ft.	$596,600	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.63% Airbnb Rental Income: $1994 Traditional Rental Income: $2520 Airbnb ROI: 0.75% Traditional ROI: 2.63%

Your search for investment property begins and ends here

Townhouses for Sale in Alabama

22 S Perry Street

Montgomery, AL

2 beds | 4 baths | 2,550 sq.ft.

$499,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1561

Traditional Rental Income: $2410

Airbnb ROI: 0.77%

Traditional ROI: 3.55%

210 PARK PLACE

Oxford, AL

3 beds | 3 baths | N/A

$234,500

Airbnb cash on cash: 3.54%

Traditional cash on cash: 8.2%

Airbnb Rental Income: $1657

Traditional Rental Income: $2224

Airbnb ROI: 3.54%

Traditional ROI: 8.2%

1303 HILLSBORO LANE

HELENA, AL

3 beds | 3 baths | N/A

$205,000

Airbnb cash on cash: 2.89%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $1343

Traditional Rental Income: $1893

Airbnb ROI: 2.89%

Traditional ROI: 7.84%

2307 CHESHIRE DRIVE

Birmingham, AL

2 beds | 2 baths | N/A

$135,000

Airbnb cash on cash: 6.57%

Traditional cash on cash: 9.22%

Airbnb Rental Income: $1580

Traditional Rental Income: $1472

Airbnb ROI: 6.57%

Traditional ROI: 9.22%

2311 FRAIM DRIVE

PELL CITY, AL

2 beds | 2 baths | N/A

$314,900

Airbnb cash on cash: 2.24%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1547

Traditional Rental Income: $1931

Airbnb ROI: 2.24%

Traditional ROI: 5.04%

1602 Limestone Court

Montgomery, AL

2 beds | 3 baths | 1,320 sq.ft.

$139,900

Airbnb cash on cash: 5.41%

Traditional cash on cash: 6.07%

Airbnb Rental Income: $1438

Traditional Rental Income: $1098

Airbnb ROI: 5.41%

Traditional ROI: 6.07%

2735 NIAZUMA AVENUE

Birmingham, AL

2 beds | 3 baths | N/A

$294,900

Airbnb cash on cash: 1.11%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $1180

Traditional Rental Income: $1742

Airbnb ROI: 1.11%

Traditional ROI: 4.53%

709 CAHABA MANOR DRIVE

Pelham, AL

3 beds | 3 baths | N/A

$155,000

Airbnb cash on cash: 3.82%

Traditional cash on cash: 8.96%

Airbnb Rental Income: $1269

Traditional Rental Income: $1630

Airbnb ROI: 3.82%