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 56 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: -0.76% Traditional cash on cash: 0.19% Airbnb Rental Income: $1876 Traditional Rental Income: $2021 Airbnb ROI: -0.76% 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: -0.19% Traditional cash on cash: 6.98% Airbnb Rental Income: $618 Traditional Rental Income: $1913 Airbnb ROI: -0.19% 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.	$327,900	Airbnb cash on cash: -0.47% Traditional cash on cash: 11.56% Airbnb Rental Income: $624 Traditional Rental Income: $4040 Airbnb ROI: -0.47% Traditional ROI: 11.56%
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: 4.47% Traditional cash on cash: 8.12% Airbnb Rental Income: $1364 Traditional Rental Income: $1496 Airbnb ROI: 4.47% 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.	$375,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 2.26% Airbnb Rental Income: $1876 Traditional Rental Income: $1421 Airbnb ROI: 2.13% Traditional ROI: 2.26%
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: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $6370 Airbnb ROI: N/A Traditional ROI: 3.58%
15-17 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.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.63% Airbnb Rental Income: $null Traditional Rental Income: $2562 Airbnb ROI: N/A Traditional ROI: 7.63%
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: 3.67% Traditional cash on cash: 1.92% Airbnb Rental Income: $1637 Traditional Rental Income: $803 Airbnb ROI: 3.67% 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%
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: 0.63% Traditional cash on cash: 2.05% Airbnb Rental Income: $1764 Traditional Rental Income: $2117 Airbnb ROI: 0.63% 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: 7% Traditional cash on cash: 4.67% Airbnb Rental Income: $2708 Traditional Rental Income: $1495 Airbnb ROI: 7% 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: 7.08% Traditional cash on cash: 5.37% Airbnb Rental Income: $2708 Traditional Rental Income: $1671 Airbnb ROI: 7.08% 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: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A 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: 2.44% Traditional cash on cash: 1.04% Airbnb Rental Income: $3992 Traditional Rental Income: $2113 Airbnb ROI: 2.44% 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: 3.94% Traditional cash on cash: 2.82% Airbnb Rental Income: $2442 Traditional Rental Income: $1494 Airbnb ROI: 3.94% 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: 2.45% Traditional cash on cash: 3.09% Airbnb Rental Income: $1764 Traditional Rental Income: $1467 Airbnb ROI: 2.45% 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: 2.88% Traditional cash on cash: 5.21% Airbnb Rental Income: $1423 Traditional Rental Income: $1504 Airbnb ROI: 2.88% 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: -0.69% Traditional cash on cash: 5.02% Airbnb Rental Income: $451 Traditional Rental Income: $1721 Airbnb ROI: -0.69% Traditional ROI: 5.02%
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: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $8041 Airbnb ROI: N/A Traditional ROI: 6.29%
31255 Highway 25 WILSONVILLE, AL Apartment complex - fixer upper. 100 x 30 apartment building that has lots of potential. B...	7 beds \| 3 baths \| 6,000 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.4% Airbnb Rental Income: $null Traditional Rental Income: $3058 Airbnb ROI: N/A Traditional ROI: 11.4%
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: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $2984 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 0.54% Airbnb Rental Income: $null Traditional Rental Income: $1138 Airbnb ROI: N/A Traditional ROI: 0.54%
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: -0.62% Traditional cash on cash: 1.21% Airbnb Rental Income: $908 Traditional Rental Income: $1683 Airbnb ROI: -0.62% Traditional ROI: 1.21%
191 Railroad St Phil Campbell, AL 191 Railroad St, Phil Campbell, AL 35581 \| Multi Family	N/A beds \| N/A baths \| 3,328 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.46% Airbnb Rental Income: $null Traditional Rental Income: $980 Airbnb ROI: N/A Traditional ROI: 1.46%
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	$283,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.98% Airbnb Rental Income: $1327 Traditional Rental Income: $1797 Airbnb ROI: 1.68% Traditional ROI: 4.98%
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: -0.67% Traditional cash on cash: 0.97% Airbnb Rental Income: $1423 Traditional Rental Income: $2756 Airbnb ROI: -0.67% Traditional ROI: 0.97%
997 Main St Moulton, AL	2 beds \| N/A baths \| 1,600 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $1381 Airbnb ROI: N/A Traditional ROI: 5.37%
2565 Byler Rd Moulton, AL	4 beds \| N/A baths \| N/A	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $1457 Airbnb ROI: N/A Traditional ROI: 2.63%
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: 5.34% Traditional cash on cash: 8.96% Airbnb Rental Income: $2416 Traditional Rental Income: $2753 Airbnb ROI: 5.34% Traditional ROI: 8.96%
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 \| 3,000 sq.ft.	$287,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $1736 Airbnb ROI: N/A Traditional ROI: 4.9%
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: 6.29% Traditional cash on cash: 3.67% Airbnb Rental Income: $3174 Traditional Rental Income: $1671 Airbnb ROI: 6.29% Traditional ROI: 3.67%
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: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $1123 Airbnb ROI: N/A Traditional ROI: 2.56%
814 Wasson Ave S Mobile, AL Discover this well-maintained 2--bedroom, 1-bath home located on South Wasson Avenue in Mo...	N/A beds \| N/A baths \| N/A	$84,900	Airbnb cash on cash: -3.72% Traditional cash on cash: 4.15% Airbnb Rental Income: $138 Traditional Rental Income: $581 Airbnb ROI: -3.72% Traditional ROI: 4.15%
902 1st Cor Lanett, AL INVESTOR'S SPECIAL!!! CHECK OUT THIS NICE DUPLEX READY TO ADD TO YOUR PORTFOLIO. IT'S LOCA...	1 beds \| N/A baths \| 1,307 sq.ft.	$98,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.79% Airbnb Rental Income: $null Traditional Rental Income: $1257 Airbnb ROI: N/A Traditional ROI: 10.79%
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%
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: 0.43% Traditional cash on cash: 3.37% Airbnb Rental Income: $1876 Traditional Rental Income: $3268 Airbnb ROI: 0.43% Traditional ROI: 3.37%
315 Tabernacle Rd Brent, AL Unit 1 has three bedrooms one bath. Master bedroom is large with FP. Unit has new flooring...	5 beds \| 2 baths \| 2,467 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $2281 Airbnb ROI: N/A Traditional ROI: 6.88%
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: 5.37% Traditional cash on cash: 7.58% Airbnb Rental Income: $1584 Traditional Rental Income: $1459 Airbnb ROI: 5.37% Traditional ROI: 7.58%
1251 Davis Mill Rd Slocomb, AL Over 3.33 acres with existing mobile homes. Perfect for investors, expansion, or personal ...	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $1184 Airbnb ROI: N/A Traditional ROI: 5.46%

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: -0.76%

Traditional cash on cash: 0.19%

Airbnb Rental Income: $1876

Traditional Rental Income: $2021

Airbnb ROI: -0.76%

Traditional ROI: 0.19%

14165 River Oaks Drive

Coden, AL

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

$234,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $618

Traditional Rental Income: $1913

Airbnb ROI: -0.19%

Traditional ROI: 6.98%

24663 Chestnut Street

Elberta, AL

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

$327,900

Airbnb cash on cash: -0.47%

Traditional cash on cash: 11.56%

Airbnb Rental Income: $624

Traditional Rental Income: $4040

Airbnb ROI: -0.47%

Traditional ROI: 11.56%

503 Dusy Street

Dothan, AL

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

$157,000

Airbnb cash on cash: 4.47%

Traditional cash on cash: 8.12%

Airbnb Rental Income: $1364

Traditional Rental Income: $1496

Airbnb ROI: 4.47%

Traditional ROI: 8.12%

5601 State Highway 180 #801

GULF SHORES, AL

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

$375,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 2.26%

Airbnb Rental Income: $1876

Traditional Rental Income: $1421

Airbnb ROI: 2.13%

Traditional ROI: 2.26%

165 N Horton Rd

WILSONVILLE, AL

12 beds | 6 baths | 4,800 sq.ft.

$1,399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.58%

Airbnb Rental Income: $null

Traditional Rental Income: $6370

Airbnb ROI: N/A

Traditional ROI: 3.58%

15-17 E 20th St

Lanett, AL

4 beds | N/A baths | 2,516 sq.ft.

$290,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2562

Airbnb ROI: N/A

Traditional ROI: 7.63%

317 Main St W

Mobile, AL

N/A beds | N/A baths | 1,200 sq.ft.

$225,000

Airbnb cash on cash: 3.67%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $1637

Traditional Rental Income: $803

Airbnb ROI: 3.67%