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 32 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
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: -0.2% Traditional cash on cash: 0.77% Airbnb Rental Income: $891 Traditional Rental Income: $1092 Airbnb ROI: -0.2% 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	$279,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 6.33% Airbnb Rental Income: $1278 Traditional Rental Income: $2130 Airbnb ROI: 1.58% Traditional ROI: 6.33%
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: 0.19% Traditional cash on cash: 2.96% Airbnb Rental Income: $1423 Traditional Rental Income: $2488 Airbnb ROI: 0.19% 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: 2.74% Traditional cash on cash: 3.31% Airbnb Rental Income: $1412 Traditional Rental Income: $1123 Airbnb ROI: 2.74% Traditional ROI: 3.31%
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: -0.8% Traditional cash on cash: 1.99% Airbnb Rental Income: $758 Traditional Rental Income: $2117 Airbnb ROI: -0.8% 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: -0.33% Traditional cash on cash: 2.55% Airbnb Rental Income: $903 Traditional Rental Income: $2046 Airbnb ROI: -0.33% Traditional ROI: 2.55%
304 5th St Tuscumbia, AL Now is your chance to own your first rental property or add a cash flowing duplex to your ...	N/A beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 4% Airbnb Rental Income: $813 Traditional Rental Income: $1157 Airbnb ROI: 0.3% Traditional ROI: 4%
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: -0.74% Traditional cash on cash: 4.14% Airbnb Rental Income: $974 Traditional Rental Income: $6498 Airbnb ROI: -0.74% 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: 0.9% Traditional cash on cash: 3.41% Airbnb Rental Income: $1153 Traditional Rental Income: $1306 Airbnb ROI: 0.9% 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: -0.23% Traditional cash on cash: 0.92% Airbnb Rental Income: $860 Traditional Rental Income: $1011 Airbnb ROI: -0.23% Traditional ROI: 0.92%
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%
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: -0.91% Traditional cash on cash: 1.35% Airbnb Rental Income: $974 Traditional Rental Income: $6056 Airbnb ROI: -0.91% 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%
2565 Byler Rd Moulton, AL	4 beds \| N/A baths \| N/A	$410,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $1457 Airbnb ROI: N/A Traditional ROI: 2.14%
33/35 Crestwood Ct Millbrook, AL 33/35 Crestwood Ct, Millbrook, AL 36054 \| Multi Family	4 beds \| 4 baths \| N/A	$272,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 8.96% Airbnb Rental Income: $1313 Traditional Rental Income: $2753 Airbnb ROI: 1.76% Traditional ROI: 8.96%
23888 US Highway 98 Elberta, AL Prime duplex investment opportunity in one of Baldwin Countyâs fastest-growing corridors...	6 beds \| 4 baths \| 2,800 sq.ft.	$429,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 5.65% Airbnb Rental Income: $924 Traditional Rental Income: $2809 Airbnb ROI: 0.11% 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: 1.37% Traditional cash on cash: 6.88% Airbnb Rental Income: $948 Traditional Rental Income: $1520 Airbnb ROI: 1.37% 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: 1.47% Traditional cash on cash: 6.98% Airbnb Rental Income: $948 Traditional Rental Income: $1520 Airbnb ROI: 1.47% 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 \| N/A	$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%
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%
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: -0.02% Traditional cash on cash: 7.08% Airbnb Rental Income: $638 Traditional Rental Income: $1459 Airbnb ROI: -0.02% Traditional ROI: 7.08%
23,25 Crestwood Ct Millbrook, AL 23,25 Crestwood Ct, Millbrook, AL 36054 \| Multi Family	4 beds \| 4 baths \| N/A	$272,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.96% Airbnb Rental Income: $null Traditional Rental Income: $2753 Airbnb ROI: N/A Traditional ROI: 8.96%
2963 PUMP HOUSE ROAD VESTAVIA HILLS, AL Great "House Hack" opportunity! Please feel free to ask about the investment proforma. R...	3 beds \| 3 baths \| N/A	$699,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.85% Airbnb Rental Income: $948 Traditional Rental Income: $1963 Airbnb ROI: -0.24% Traditional ROI: 1.85%
121 Heyward Dothan, AL NW Dothan for under $190k! This home features 3 bedrooms and 2 full baths with a large ope...	3 beds \| 2 baths \| 1,340 sq.ft.	$189,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 6.18% Airbnb Rental Income: $891 Traditional Rental Income: $1445 Airbnb ROI: 1.24% Traditional ROI: 6.18%
410 SHAW AVENUE TALLADEGA, AL If you are looking for a great investment opportunity in Talladega, check out 410 Shaw Ave...	4 beds \| 2 baths \| 1,336 sq.ft.	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.11% Airbnb Rental Income: $null Traditional Rental Income: $1604 Airbnb ROI: N/A Traditional ROI: 10.11%
604 Scott St Scottsboro, AL Coming Soon-Whether you are a multi generational family, an investor, or someone that woul...	4 beds \| 2 baths \| 2 sq.ft.	$230,000	Airbnb cash on cash: 5.55% Traditional cash on cash: 4.76% Airbnb Rental Income: $2158 Traditional Rental Income: $1437 Airbnb ROI: 5.55% Traditional ROI: 4.76%
16 3RD STREET #16 and 20 PELL CITY, AL Excellent duplex opportunity located in the heart of the Eden/Pell City area, just 1.4 mil...	4 beds \| 4 baths \| N/A	$375,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 7.02% Airbnb Rental Income: $867 Traditional Rental Income: $2930 Airbnb ROI: 0.21% Traditional ROI: 7.02%

Your search for investment property begins and ends here

Multi Family for Sale in Alabama

664 Headland Ave

Dothan, AL

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

$599,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 0.77%

Airbnb Rental Income: $891

Traditional Rental Income: $1092

Airbnb ROI: -0.2%

Traditional ROI: 0.77%

1723 N 8TH AVENUE

BESSEMER, AL

5 beds | 4 baths | N/A

$279,900

Airbnb cash on cash: 1.58%

Traditional cash on cash: 6.33%

Airbnb Rental Income: $1278

Traditional Rental Income: $2130

Airbnb ROI: 1.58%

Traditional ROI: 6.33%

3713 6TH AVENUE

Birmingham, AL

4 beds | 4 baths | N/A

$575,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1423

Traditional Rental Income: $2488

Airbnb ROI: 0.19%

Traditional ROI: 2.96%

1713 6TH PLACE CIRCLE

Center Point, AL

3 beds | 2 baths | N/A

$249,500

Airbnb cash on cash: 2.74%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $1412

Traditional Rental Income: $1123

Airbnb ROI: 2.74%

Traditional ROI: 3.31%

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.

$643,000

Airbnb cash on cash: -0.8%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $758

Traditional Rental Income: $2117

Airbnb ROI: -0.8%

Traditional ROI: 1.99%

1512 CULLMAN AVENUE

Birmingham, AL

4 beds | 2 baths | N/A

$550,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $903

Traditional Rental Income: $2046

Airbnb ROI: -0.33%

Traditional ROI: 2.55%

304 5th St

Tuscumbia, AL

N/A beds | N/A baths | N/A

$190,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 4%

Airbnb Rental Income: $813

Traditional Rental Income: $1157

Airbnb ROI: 0.3%