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 54 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
409 W Pasadena Ave Muscle Shoals, AL Two doors, one smart investment in the heart of Muscle Shoals! This brick duplex pairs an ...	N/A beds \| N/A baths \| 2,079 sq.ft.	$249,900	Airbnb cash on cash: 6.55% Traditional cash on cash: 3.11% Airbnb Rental Income: $2679 Traditional Rental Income: $1230 Airbnb ROI: 6.55% Traditional ROI: 3.11%
2100 Springhill Avenue Mobile, AL Income-producing brick duplex located on Spring Hill Avenue near downtown Mobile, shopping...	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 2.29% Airbnb Rental Income: $1620 Traditional Rental Income: $1794 Airbnb ROI: 0.6% Traditional ROI: 2.29%
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: 4.36% Traditional cash on cash: 8.38% Airbnb Rental Income: $1624 Traditional Rental Income: $1926 Airbnb ROI: 4.36% Traditional ROI: 8.38%
715 MAIN STREET E HARTSELLE, AL Nice and well maintained duplex downtown Hartselle, minutes from Hartselle City Schools, r...	N/A beds \| N/A baths \| 2,120 sq.ft.	$279,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 2.4% Airbnb Rental Income: $1766 Traditional Rental Income: $1138 Airbnb ROI: 2.95% Traditional ROI: 2.4%
163 Everett Street Mobile, AL Investment property with 4 apartments. Each apartment has two bedrooms and one bath. Two y...	N/A beds \| N/A baths \| N/A	$405,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.97% Airbnb Rental Income: $1620 Traditional Rental Income: $2680 Airbnb ROI: 0.97% Traditional ROI: 4.97%
1712 12TH STREET Birmingham, AL This adorable duplex in Southside is currently used as an Airbnb by its owner. Both units ...	N/A beds \| N/A baths \| N/A	$399,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.18% Airbnb Rental Income: $1243 Traditional Rental Income: $1649 Airbnb ROI: 0.04% Traditional ROI: 2.18%
123 Jennie Drive Dothan, AL Located in Avalon Place on Dothan's south side, this well-maintained 2023-built duplex uni...	3 beds \| 2 baths \| 1,450 sq.ft.	$219,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.7% Airbnb Rental Income: $1136 Traditional Rental Income: $1628 Airbnb ROI: 1.51% Traditional ROI: 5.7%
1010 Dauphin Street Mobile, AL Fully leased quadplex investment opportunity in Midtown Mobile, just minutes from Downtown...	N/A beds \| N/A baths \| N/A	$510,000	Airbnb cash on cash: 2% Traditional cash on cash: 0.44% Airbnb Rental Income: $2259 Traditional Rental Income: $950 Airbnb ROI: 2% Traditional ROI: 0.44%
552 Glenwood Street Mobile, AL Income Property - Perfect for first-time investors! Live in the upstairs unit and earn ren...	N/A beds \| N/A baths \| N/A	$239,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 3.2% Airbnb Rental Income: $1620 Traditional Rental Income: $1118 Airbnb ROI: 3.39% Traditional ROI: 3.2%
204 BEIRNE AVENUE NE #A & B HUNTSVILLE, AL Investment Opportunity in Five Points! Don't miss this well-maintained duplex in the heart...	N/A beds \| N/A baths \| 1,250 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $1341 Airbnb ROI: N/A Traditional ROI: 3.74%
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%
214 FERN BANK DRIVE Hazel Green, AL * $10k your way with an acceptable offer * Experience the perfect blend of flexibility...	N/A beds \| N/A baths \| 2,100 sq.ft.	$348,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 1.74% Airbnb Rental Income: $996 Traditional Rental Income: $1105 Airbnb ROI: 0.33% Traditional ROI: 1.74%
503 S 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.	$329,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 6.94% Airbnb Rental Income: $1136 Traditional Rental Income: $2556 Airbnb ROI: 1.13% Traditional ROI: 6.94%
550 S River Rd Baton Rouge, AL 550 S River Rd, Baton Rouge, AL 70767 \| Multi Family	N/A beds \| N/A baths \| 2,600 sq.ft.	$275,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.12% Airbnb Rental Income: $1245 Traditional Rental Income: $748 Airbnb ROI: 1.5% Traditional ROI: 1.12%
1152-1160 Freeman Ln Baton Rouge, AL 1152-1160 Freeman Ln, Baton Rouge, AL 70767 \| Multi Family	N/A beds \| N/A baths \| 2,858 sq.ft.	$185,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 2.65% Airbnb Rental Income: $1245 Traditional Rental Income: $807 Airbnb ROI: 2.88% Traditional ROI: 2.65%
2503 HAWKSBURY LANE HOOVER, AL Roof is approximately two years old, the deck on 2503 is about two years old and the deck ...	N/A beds \| N/A baths \| N/A	$499,900	Airbnb cash on cash: 3.23% Traditional cash on cash: 4.12% Airbnb Rental Income: $2940 Traditional Rental Income: $2680 Airbnb ROI: 3.23% Traditional ROI: 4.12%
997 MAIN STREET Moulton, AL	N/A beds \| N/A baths \| 1,648 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%
420 20th Avenue PHENIX CITY, AL Investor Opportunity - Are you looking for a CAP rate over 9%? Income-producing duplex wit...	4 beds \| 2 baths \| 1,648 sq.ft.	$170,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 5.88% Airbnb Rental Income: $1148 Traditional Rental Income: $1222 Airbnb ROI: 3.07% Traditional ROI: 5.88%
603 18th Street TUSCALOOSA, AL Prime value-add investment opportunity just minutes from the University of Alabama campus....	N/A beds \| N/A baths \| 1,100 sq.ft.	$215,000	Airbnb cash on cash: 6.82% Traditional cash on cash: 3.75% Airbnb Rental Income: $2322 Traditional Rental Income: $1120 Airbnb ROI: 6.82% Traditional ROI: 3.75%
2809 19TH Street TUSCALOOSA, AL One unit is vacant and may be shown anytime. Vacant unit freshly painted and new flooring....	N/A beds \| N/A baths \| 1,800 sq.ft.	$179,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 6.21% Airbnb Rental Income: $1519 Traditional Rental Income: $1564 Airbnb ROI: 3.58% Traditional ROI: 6.21%
1469 W Lagoon Ave #A GULF SHORES, AL Your fully-furnished beach home in Gulf Shores awaits! Located just 0.2 miles (a 4-minute ...	3 beds \| 3 baths \| 1,518 sq.ft.	$589,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.3% Airbnb Rental Income: $1575 Traditional Rental Income: $1534 Airbnb ROI: 0.56% Traditional ROI: 1.3%
27 1ST STREET GRAYSVILLE, AL 27 1st Street NE is a charming duplex with 2 units! Unit A and B are both 2-bedroom, 1-bat...	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 11.02% Airbnb Rental Income: $723 Traditional Rental Income: $1878 Airbnb ROI: 0.82% Traditional ROI: 11.02%
912 S Oates St. Dothan, AL THE OFFICE IN FRONT AND DUPLEX IN THE BACK ALL GO TOGETHER ($200,000 FOR ALL) This is a du...	4 beds \| 2 baths \| 2,200 sq.ft.	$185,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 10.59% Airbnb Rental Income: $1136 Traditional Rental Income: $2204 Airbnb ROI: 2.37% Traditional ROI: 10.59%
3509/3511 CLOPTON STREET HUNTSVILLE, AL Great investment duplex in an established neighborhood! Lots of updates include granite ki...	N/A beds \| N/A baths \| 2,824 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $1556 Airbnb ROI: N/A Traditional ROI: 3.89%
1209 18TH STREET TUSCALOOSA, AL Welcome to a luxury new construction residence in the heart of Tuscaloosa. Offering approx...	N/A beds \| N/A baths \| N/A	$1,600,000	Airbnb cash on cash: -0.16% Traditional cash on cash: -0.1% Airbnb Rental Income: $1852 Traditional Rental Income: $1444 Airbnb ROI: -0.16% Traditional ROI: -0.1%
120 W 3rd Avenue #A & B GULF SHORES, AL Live the Gulf Shores lifestyle with built-in income potential! This WATERFRONT duplex at 1...	4 beds \| 2 baths \| 1,280 sq.ft.	$669,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 0.87% Airbnb Rental Income: $1275 Traditional Rental Income: $1547 Airbnb ROI: -0.2% Traditional ROI: 0.87%
127 AURORA DRIVE HUNTSVILLE, AL Attention investors! This updated duplex is calling your name. Both units have 2 bedrooms ...	N/A beds \| N/A baths \| 2,744 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $1308 Airbnb ROI: N/A Traditional ROI: 2.4%
13776 Saint Stephens Ave CHATOM, AL WELCOME TO THIS INCREDIBLE MULTI-LEVEL DUPLEX PACKED WITH CHARM, CHARACTER, AND ENDLESS IN...	N/A beds \| N/A baths \| 2,016 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $854 Airbnb ROI: N/A Traditional ROI: 2.89%
1126 TEMPLE CIRCLE Alexander City, AL 2 Family duplex with floor plan of 3/2 on both sides updated last year.Call for showing in...	N/A beds \| N/A baths \| N/A	$277,900	Airbnb cash on cash: 9.43% Traditional cash on cash: 2.49% Airbnb Rental Income: $3746 Traditional Rental Income: $1115 Airbnb ROI: 9.43% Traditional ROI: 2.49%
1964 Arnold Way San Diego, AL 1964 Arnold Way, San Diego, AL 91901 \| Multi Family	6 beds \| N/A baths \| 2,132 sq.ft.	$949,000	Airbnb cash on cash: 4.95% Traditional cash on cash: 10.87% Airbnb Rental Income: $7080 Traditional Rental Income: $10935 Airbnb ROI: 4.95% Traditional ROI: 10.87%
1960 Arnold Way San Diego, AL 1960 Arnold Way, San Diego, AL 91901 \| Multi Family	4 beds \| N/A baths \| 1,667 sq.ft.	$899,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 1.68% Airbnb Rental Income: $5561 Traditional Rental Income: $2678 Airbnb ROI: 3.79% Traditional ROI: 1.68%
2233-35 W Victoria Dr San Diego, AL 2233-35 W Victoria Dr, San Diego, AL 91901 \| Multi Family	4 beds \| 2 baths \| 1,590 sq.ft.	$1,042,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 1.67% Airbnb Rental Income: $5561 Traditional Rental Income: $3072 Airbnb ROI: 3.08% Traditional ROI: 1.67%
2560-66 Alpine Blvd San Diego, AL 2560-66 Alpine Blvd, San Diego, AL 91901 \| Multi Family	N/A beds \| N/A baths \| N/A	$2,300,000	Airbnb cash on cash: 0.63% Traditional cash on cash: -0.05% Airbnb Rental Income: $5561 Traditional Rental Income: $2989 Airbnb ROI: 0.63% Traditional ROI: -0.05%
2804-6 S Grade Rd San Diego, AL 2804-6 S Grade Rd, San Diego, AL 91901 \| Multi Family	5 beds \| 4 baths \| 2,390 sq.ft.	$2,750,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 0.01% Airbnb Rental Income: $5561 Traditional Rental Income: $3705 Airbnb ROI: 0.3% Traditional ROI: 0.01%
7845 Claremont #A & B FOLEY, AL 7845 Claremont Dr., Foley, AL 36535 Excellent income-producing investment opportunity ...	6 beds \| 3 baths \| 2,400 sq.ft.	$319,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2046 Airbnb ROI: N/A Traditional ROI: 5.33%
910 E 15TH STREET ANNISTON, AL Investors here's a new Anniston duplex to add to your portfolio. Two 2/1 apartments, curre...	N/A beds \| N/A baths \| 1,769 sq.ft.	$165,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 3.36% Airbnb Rental Income: $1487 Traditional Rental Income: $859 Airbnb ROI: 4.58% Traditional ROI: 3.36%
2914 RHODES CIRCLE Birmingham, AL Welcome to 2914 Rhodes Circle! This duplex offers a fantastic investment opportunity with ...	N/A beds \| N/A baths \| 1,638 sq.ft.	$150,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 3.37% Airbnb Rental Income: $1139 Traditional Rental Income: $933 Airbnb ROI: 2.17% Traditional ROI: 3.37%

Your search for investment property begins and ends here

Multi Family for Sale in Alabama

409 W Pasadena Ave

Muscle Shoals, AL

N/A beds | N/A baths | 2,079 sq.ft.

$249,900

Airbnb cash on cash: 6.55%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $2679

Traditional Rental Income: $1230

Airbnb ROI: 6.55%

Traditional ROI: 3.11%

2100 Springhill Avenue

Mobile, AL

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

$399,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1620

Traditional Rental Income: $1794

Airbnb ROI: 0.6%

Traditional ROI: 2.29%

439 29th Place

TUSCALOOSA, AL

4 beds | 4 baths | 1,800 sq.ft.

$199,900

Airbnb cash on cash: 4.36%

Traditional cash on cash: 8.38%

Airbnb Rental Income: $1624

Traditional Rental Income: $1926

Airbnb ROI: 4.36%

Traditional ROI: 8.38%

715 MAIN STREET E

HARTSELLE, AL

N/A beds | N/A baths | 2,120 sq.ft.

$279,000

Airbnb cash on cash: 2.95%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $1766

Traditional Rental Income: $1138

Airbnb ROI: 2.95%

Traditional ROI: 2.4%

163 Everett Street

Mobile, AL

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

$405,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $1620

Traditional Rental Income: $2680

Airbnb ROI: 0.97%

Traditional ROI: 4.97%

1712 12TH STREET

Birmingham, AL

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

$399,900

Airbnb cash on cash: 0.04%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $1243

Traditional Rental Income: $1649

Airbnb ROI: 0.04%

Traditional ROI: 2.18%

123 Jennie Drive

Dothan, AL

3 beds | 2 baths | 1,450 sq.ft.

$219,000

Airbnb cash on cash: 1.51%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $1136

Traditional Rental Income: $1628

Airbnb ROI: 1.51%

Traditional ROI: 5.7%

1010 Dauphin Street

Mobile, AL

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

$510,000

Airbnb cash on cash: 2%

Traditional cash on cash: 0.44%

Airbnb Rental Income: $2259

Traditional Rental Income: $950

Airbnb ROI: 2%