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 138 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 Cir #B GULF SHORES, AL Wonderful opportunity to own your half of a duplex! You can relax on the 8x23 deck, in the...	4 beds \| 2 baths \| 1,574 sq.ft.	$735,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.19% Airbnb Rental Income: $2118 Traditional Rental Income: $2021 Airbnb ROI: -0.46% Traditional ROI: 0.19%
27523 Park Dr Orange Beach, AL Experience the convenience of single-level living in this spacious property designed for b...	5 beds \| 5 baths \| 3,333 sq.ft.	$1,090,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 4.38% Airbnb Rental Income: $2119 Traditional Rental Income: $5697 Airbnb ROI: 0.32% Traditional ROI: 4.38%
7683 Georgia Ave LEEDS, AL 8 separate SFR homes, NOT a six-plex. All in Alabama, Birmingham suburban areas Good tenan...	N/A beds \| N/A baths \| 1,004 sq.ft.	$1,091,550	Airbnb cash on cash: -1.33% Traditional cash on cash: -0.38% Airbnb Rental Income: $435 Traditional Rental Income: $1136 Airbnb ROI: -1.33% Traditional ROI: -0.38%
1949 Riva Ridge Road HELENA, AL NOT a quad, but 5 SFR. MLS input sheet has no sub-property type for a portfolio of SFR. 5 ...	N/A beds \| N/A baths \| 1,744 sq.ft.	$1,163,750	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.1% Airbnb Rental Income: $1210 Traditional Rental Income: $1470 Airbnb ROI: -0.5% Traditional ROI: 0.1%
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: -0.7% Traditional cash on cash: 6.98% Airbnb Rental Income: $481 Traditional Rental Income: $1913 Airbnb ROI: -0.7% Traditional ROI: 6.98%
24663 Chestnut St 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: -0.32% Traditional cash on cash: 11.68% Airbnb Rental Income: $677 Traditional Rental Income: $4040 Airbnb ROI: -0.32% Traditional ROI: 11.68%
213 Sterling Blvd Sheffield, AL CALL TODAY FOR AN APPT TO VIEW 4 BEDROOM 2 FULL BATH DUPLEX. THIS DUPLEX IS LOCATED CLOSE ...	N/A beds \| N/A baths \| 1,769 sq.ft.	$219,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 2.83% Airbnb Rental Income: $902 Traditional Rental Income: $949 Airbnb ROI: 0.96% Traditional ROI: 2.83%
2706 Lantern Walk HUNTSVILLE, AL Please do not disturb tenants. Unit B is being turned. Cash or prequalified offers only. U...	8 beds \| 4 baths \| 3,352 sq.ft.	$574,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.89% Airbnb Rental Income: $868 Traditional Rental Income: $1328 Airbnb ROI: -0.58% Traditional ROI: 0.89%
1723 N 8th Ave BESSEMER, AL PROFESSIONAL PHOTOS ARE IN!!!!! This 3,800sft duplex was renovated inside and out in 2023 ...	5 beds \| 4 baths \| 3,900 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $2130 Airbnb ROI: N/A Traditional ROI: 6.73%
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: 2.96% Traditional cash on cash: 2.49% Airbnb Rental Income: $2118 Traditional Rental Income: $1421 Airbnb ROI: 2.96% Traditional ROI: 2.49%
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.	$1,399,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.58% Airbnb Rental Income: $1848 Traditional Rental Income: $6370 Airbnb ROI: -0.28% Traditional ROI: 3.58%
435 30th Place TUSCALOOSA, AL Duplex in town ready for a new owner. U of A, FedEx, and all Tuscaloosa has to offer are l...	N/A beds \| N/A baths \| 2,178 sq.ft.	$179,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 9.41% Airbnb Rental Income: $1080 Traditional Rental Income: $1926 Airbnb ROI: 2.28% Traditional ROI: 9.41%
439 29th Place TUSCALOOSA, AL Excellent opportunity to add an income-producing property to your real estate portfolio. T...	4 beds \| 4 baths \| 1,800 sq.ft.	$199,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 8.4% Airbnb Rental Income: $1080 Traditional Rental Income: $1926 Airbnb ROI: 1.99% Traditional ROI: 8.4%
15 E 20th St Lanett, AL Income-producing multifamily opportunity in Lanett! This property features two duplex buil...	4 beds \| N/A baths \| 2,516 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.94% Airbnb Rental Income: $null Traditional Rental Income: $2562 Airbnb ROI: N/A Traditional ROI: 7.94%
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: 2.94% Traditional cash on cash: 1.92% Airbnb Rental Income: $1450 Traditional Rental Income: $803 Airbnb ROI: 2.94% 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%
531 W Laurel Ave FOLEY, AL This charming six-plex, built in 1925, is a historical gem located just steps from Foley D...	6 beds \| 6 baths \| 3,743 sq.ft.	$679,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.95% Airbnb Rental Income: $null Traditional Rental Income: $7915 Airbnb ROI: N/A Traditional ROI: 10.95%
500 Annapolis Ave Sheffield, AL Cash-flow machine! This 6-unit building is 100% occupied at $3,490 per month. Add that to ...	N/A beds \| N/A baths \| 3,079 sq.ft.	$275,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 3.88% Airbnb Rental Income: $1404 Traditional Rental Income: $1399 Airbnb ROI: 2.27% Traditional ROI: 3.88%
9011 Mahogany Row HUNTSVILLE, AL Fully updated South Huntsville 4 plex. The 2 downstairs units are both 2 bedroom 2 bath wh...	10 beds \| 8 baths \| 4,696 sq.ft.	$695,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.16% Airbnb Rental Income: $868 Traditional Rental Income: $1217 Airbnb ROI: -0.89% Traditional ROI: 0.16%
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: 6.85% Traditional cash on cash: 4.67% Airbnb Rental Income: $2664 Traditional Rental Income: $1495 Airbnb ROI: 6.85% Traditional ROI: 4.67%
606 ,,, 706 N Alston St FOLEY, AL Rare Investment Opportunity - Prime Location in Foley, AL. Don't miss this exceptional opp...	20 beds \| 10 baths \| 8,468 sq.ft.	$1,349,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $6094 Airbnb ROI: N/A Traditional ROI: 3.71%
33208 Stables Dr #A Daphne, 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: 6.93% Traditional cash on cash: 5.37% Airbnb Rental Income: $2664 Traditional Rental Income: $1671 Airbnb ROI: 6.93% 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: 1.72% Traditional cash on cash: 2.43% Airbnb Rental Income: $2485 Traditional Rental Income: $2240 Airbnb ROI: 1.72% Traditional ROI: 2.43%
3105 HOOD Street TUSCALOOSA, AL Income-producing duplex in Tuscaloosa with two occupied units generating $1,975/month in g...	5 beds \| 3 baths \| 1,696 sq.ft.	$219,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 4.95% Airbnb Rental Income: $1587 Traditional Rental Income: $1445 Airbnb ROI: 3.46% Traditional ROI: 4.95%
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: 3.08% Traditional cash on cash: 2.82% Airbnb Rental Income: $2119 Traditional Rental Income: $1494 Airbnb ROI: 3.08% Traditional ROI: 2.82%
4260 Lindsey Ln #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.	$294,400	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.24% Airbnb Rental Income: $1862 Traditional Rental Income: $1467 Airbnb ROI: 2.86% Traditional ROI: 3.24%
1232 E Hummingbird Ln #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: 2.39% Traditional cash on cash: 5.21% Airbnb Rental Income: $1296 Traditional Rental Income: $1504 Airbnb ROI: 2.39% Traditional ROI: 5.21%
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.	$285,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 5.02% Airbnb Rental Income: $470 Traditional Rental Income: $1721 Airbnb ROI: -0.63% Traditional ROI: 5.02%
214 Fern Bank Dr Hazel Green, AL Experience the perfect blend of flexibility and modern living in this newly constructed du...	4 beds \| 4 baths \| 2,100 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.04% Airbnb Rental Income: $null Traditional Rental Income: $1105 Airbnb ROI: N/A Traditional ROI: 2.04%
503 South State Hwy 109 Dothan, AL A fully occupied duplex for sale! Great for any investor and located in a wonderful area. ...	3 beds \| 2 baths \| 2,400 sq.ft.	$339,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 6.71% Airbnb Rental Income: $237 Traditional Rental Income: $2556 Airbnb ROI: -1.29% Traditional ROI: 6.71%
6488 Sawgrass Dr 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% Traditional cash on cash: 4% Airbnb Rental Income: $2247 Traditional Rental Income: $6498 Airbnb ROI: 0% Traditional ROI: 4%
2304 22nd St Birmingham, AL Back on the market due to buyer financing falling through, no fault of the property! Since...	3 beds \| 2 baths \| 1,968 sq.ft.	$120,000	Airbnb cash on cash: -2.23% Traditional cash on cash: 11.48% Airbnb Rental Income: $324 Traditional Rental Income: $1668 Airbnb ROI: -2.23% Traditional ROI: 11.48%
9002 Mahogany Row SE HUNTSVILLE, AL This townhouse style 4-plex has 2 three-bedroom 3-bath units and 2 two-bedroom and 2 bath ...	10 beds \| 6 baths \| 4,932 sq.ft.	$570,000	Airbnb cash on cash: -4.06% Traditional cash on cash: -2.9% Airbnb Rental Income: $868 Traditional Rental Income: $1150 Airbnb ROI: -4.06% Traditional ROI: -2.9%
9008 Mahogany Row SE HUNTSVILLE, AL This townhouse style 4-plex has 2 three-bedroom 3-bath units and 2 two-bedroom and 3 bath ...	10 beds \| 8 baths \| 4,932 sq.ft.	$570,000	Airbnb cash on cash: -4.05% Traditional cash on cash: -2.89% Airbnb Rental Income: $868 Traditional Rental Income: $1150 Airbnb ROI: -4.05% Traditional ROI: -2.89%
1332 Oshaughnessy Ave NE #1234 HUNTSVILLE, AL Excellent investment opportunity with this 4-u multiplex building for sale in the heart of...	9 beds \| 4 baths \| 3,250 sq.ft.	$499,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 0.69% Airbnb Rental Income: $868 Traditional Rental Income: $1225 Airbnb ROI: -0.79% Traditional ROI: 0.69%
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 \| 5 baths \| 3,255 sq.ft.	$1,100,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 6.29% Airbnb Rental Income: $2485 Traditional Rental Income: $8041 Airbnb ROI: 0.27% Traditional ROI: 6.29%
1231 W Beach Blvd #3 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: -0.14% Traditional cash on cash: 0.63% Airbnb Rental Income: $2485 Traditional Rental Income: $2984 Airbnb ROI: -0.14% Traditional ROI: 0.63%
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: -0.36% Traditional cash on cash: 1.21% Airbnb Rental Income: $1099 Traditional Rental Income: $1683 Airbnb ROI: -0.36% Traditional ROI: 1.21%
191 Railroad St Phil Campbell, AL 191 Railroad St, Phil Campbell, AL 35581 \| Multi Family	8 beds \| 4 baths \| 3,328 sq.ft.	$354,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.26% Airbnb Rental Income: $null Traditional Rental Income: $980 Airbnb ROI: N/A Traditional ROI: 1.26%
3014 Ponce De Leon Ct #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: -0.47% Traditional cash on cash: 1.35% Airbnb Rental Income: $2247 Traditional Rental Income: $6056 Airbnb ROI: -0.47% Traditional ROI: 1.35%

Your search for investment property begins and ends here

Multi Family for Sale in Alabama

216 Shoreland Cir #B

GULF SHORES, AL

4 beds | 2 baths | 1,574 sq.ft.

$735,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 0.19%

Airbnb Rental Income: $2118

Traditional Rental Income: $2021

Airbnb ROI: -0.46%

Traditional ROI: 0.19%

27523 Park Dr

Orange Beach, AL

5 beds | 5 baths | 3,333 sq.ft.

$1,090,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $2119

Traditional Rental Income: $5697

Airbnb ROI: 0.32%

Traditional ROI: 4.38%

7683 Georgia Ave

LEEDS, AL

N/A beds | N/A baths | 1,004 sq.ft.

$1,091,550

Airbnb cash on cash: -1.33%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $435

Traditional Rental Income: $1136

Airbnb ROI: -1.33%

Traditional ROI: -0.38%

1949 Riva Ridge Road

HELENA, AL

N/A beds | N/A baths | 1,744 sq.ft.

$1,163,750

Airbnb cash on cash: -0.5%

Traditional cash on cash: 0.1%

Airbnb Rental Income: $1210

Traditional Rental Income: $1470

Airbnb ROI: -0.5%

Traditional ROI: 0.1%

14165 River Oaks Drive

Coden, AL

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

$234,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $481

Traditional Rental Income: $1913

Airbnb ROI: -0.7%

Traditional ROI: 6.98%

24663 Chestnut St

Elberta, AL

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

$324,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 11.68%

Airbnb Rental Income: $677

Traditional Rental Income: $4040

Airbnb ROI: -0.32%

Traditional ROI: 11.68%

213 Sterling Blvd

Sheffield, AL

N/A beds | N/A baths | 1,769 sq.ft.

$219,000

Airbnb cash on cash: 0.96%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $902

Traditional Rental Income: $949

Airbnb ROI: 0.96%

Traditional ROI: 2.83%

2706 Lantern Walk

HUNTSVILLE, AL

8 beds | 4 baths | 3,352 sq.ft.

$574,900

Airbnb cash on cash: -0.58%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $868

Traditional Rental Income: $1328

Airbnb ROI: -0.58%