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 366 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%
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%
62 HAWTHORN STREET Birmingham, AL FOR RENT OR FOR SALE! Welcome to this beautifully updated Mt. Laurel townhome, where charm...	3 beds \| 3 baths \| N/A	$434,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.7% Airbnb Rental Income: $1655 Traditional Rental Income: $2170 Airbnb ROI: 1.29% Traditional ROI: 3.7%
407 MIDRIDGE LANE Pelham, AL Welcome to this charming and well-maintained home perfectly located in the heart of Pelham...	2 beds \| 2 baths \| N/A	$199,999	Airbnb cash on cash: 4.01% Traditional cash on cash: 5.69% Airbnb Rental Income: $1572 Traditional Rental Income: $1441 Airbnb ROI: 4.01% Traditional ROI: 5.69%
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%
2386 ACTON PARK CIRCLE Birmingham, AL back on the market no fault of seller - buyer financing fell through Welcome to this bea...	3 beds \| 2 baths \| N/A	$345,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 3.51% Airbnb Rental Income: $1859 Traditional Rental Income: $1686 Airbnb ROI: 2.5% Traditional ROI: 3.51%
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 home to Quail Hollow in Spanish Fort, where low-maintenance living meets modern de...	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	$339,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 1.75% Airbnb Rental Income: $1648 Traditional Rental Income: $1144 Airbnb ROI: 1.87% Traditional ROI: 1.75%
2302 CHESHIRE DRIVE Birmingham, AL Great investment property in a up and coming area. Townhome backs up to the Grayson Valley...	2 beds \| 2 baths \| N/A	$122,900	Airbnb cash on cash: 7.55% Traditional cash on cash: 5.52% Airbnb Rental Income: $1580 Traditional Rental Income: $887 Airbnb ROI: 7.55% Traditional ROI: 5.52%
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%
141 HIDDEN CREEK COVE Pelham, AL Hidden Creek townhome now available in Pelham! This beautifully maintained 2-bedroom, 2-ba...	2 beds \| 2 baths \| N/A	$205,000	Airbnb cash on cash: 3.87% Traditional cash on cash: 5.66% Airbnb Rental Income: $1572 Traditional Rental Income: $1469 Airbnb ROI: 3.87% Traditional ROI: 5.66%
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%
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%
17704 Antlers Pass Athens, AL Welcome to 17704 Antlers Pass in Athens, AL, a beautifully maintained home nestled in a qu...	3 beds \| 2 baths \| 1,440 sq.ft.	$249,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 4.81% Airbnb Rental Income: $1665 Traditional Rental Income: $1610 Airbnb ROI: 3.06% Traditional ROI: 4.81%
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%
3418 FELDSPAR CIRCLE VESTAVIA HILLS, AL The moment Kenzie stepped inside, she saw the potential for something breathtakingâand s...	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%
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%
76 Jackson Way DECATUR, AL Beautifully Maintained Townhome! Step inside this immaculate 3 bedroom, 3 bath townhome fe...	3 beds \| 3 baths \| 2,160 sq.ft.	$323,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.49% Airbnb Rental Income: $1248 Traditional Rental Income: $1947 Airbnb ROI: 0.89% Traditional ROI: 4.49%
427 Cherry Street NW HARTSELLE, AL Step into a spacious living room that flows effortlessly into the dining area, creating an...	2 beds \| 2 baths \| 1,225 sq.ft.	$185,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 5.12% Airbnb Rental Income: $1503 Traditional Rental Income: $1242 Airbnb ROI: 4.1% Traditional ROI: 5.12%
3540 BRAYFIELD LANE VESTAVIA HILLS, AL ** MOTIVATED SELLER SAYS SELL THIS BEAUTIFULLY APPOINTED HOME! Perfectly located as an end...	3 beds \| 3 baths \| N/A	$459,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.76% Airbnb Rental Income: $1319 Traditional Rental Income: $2317 Airbnb ROI: 0.49% Traditional ROI: 3.76%

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%

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%

62 HAWTHORN STREET

Birmingham, AL

3 beds | 3 baths | N/A

$434,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $1655

Traditional Rental Income: $2170

Airbnb ROI: 1.29%

Traditional ROI: 3.7%

407 MIDRIDGE LANE

Pelham, AL

2 beds | 2 baths | N/A

$199,999

Airbnb cash on cash: 4.01%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1572

Traditional Rental Income: $1441

Airbnb ROI: 4.01%

Traditional ROI: 5.69%

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%