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 99 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

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.	$750,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.58% Airbnb Rental Income: $1512 Traditional Rental Income: $2021 Airbnb ROI: 0.22% Traditional ROI: 1.58%
1131 Magnolia Curve Montgomery, AL Charming 1940's duplex on the corner of Girard and Magnolia. The large lot is located in t...	4 beds \| 2 baths \| N/A	$269,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 5.55% Airbnb Rental Income: $1213 Traditional Rental Income: $1863 Airbnb ROI: 1.46% Traditional ROI: 5.55%
614 Nichols Ave Fairhope, AL Great investment opportunity to own several micro cottages at Hope's Retreat on Nichols Av...	2 beds \| 2 baths \| 1,638 sq.ft.	$959,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 0.87% Airbnb Rental Income: $1939 Traditional Rental Income: $1878 Airbnb ROI: 0.37% Traditional ROI: 0.87%
7683 Georgia Ave LEEDS, AL 7 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: -0.57% Traditional cash on cash: -0.38% Airbnb Rental Income: $1359 Traditional Rental Income: $1136 Airbnb ROI: -0.57% Traditional ROI: -0.38%
156-a Dudley Lane Owens Cross Roads, AL Multi-Family property of 5 units including 2 free-standing units and a triplex. Large 2.4 ...	N/A beds \| N/A baths \| N/A	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.28% Airbnb Rental Income: $null Traditional Rental Income: $1373 Airbnb ROI: N/A Traditional ROI: 1.28%
1472 W Beach Blvd #4 GULF SHORES, AL This furnished, fully renovated, and rent-ready 3-bedroom, 2-bath duplex offers a rare opp...	3 beds \| 2 baths \| 1,591 sq.ft.	$569,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.18% Airbnb Rental Income: $1015 Traditional Rental Income: $1748 Airbnb ROI: -0.87% Traditional ROI: 1.18%
7 CALHOUN Drive Montgomery, AL CALLING ALL INVESTORS! Each unit has 2BR/1BA, living room, dining room, and kitchen. Both ...	4 beds \| 2 baths \| N/A	$189,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 7.93% Airbnb Rental Income: $1213 Traditional Rental Income: $1772 Airbnb ROI: 2.64% Traditional ROI: 7.93%
1738 17th St N Birmingham, AL	4 beds \| 4 baths \| 2,620 sq.ft.	$334,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 10.05% Airbnb Rental Income: $1312 Traditional Rental Income: $3602 Airbnb ROI: 1.48% Traditional ROI: 10.05%
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.	$394,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.7% Airbnb Rental Income: $1015 Traditional Rental Income: $1421 Airbnb ROI: -1.37% Traditional ROI: 0.7%
202 Somerville Road #SE DECATUR, AL PORTFOLIO SALE ONLY: This is an estate sale, not available individually. There are three 4...	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 4.22% Airbnb Rental Income: $1605 Traditional Rental Income: $1480 Airbnb ROI: 2.82% Traditional ROI: 4.22%
125 Jerry Coleman St FAIRFIELD, AL Investment Opportunity! Hereâs your chance to own this duplex with current renters. The...	4 beds \| 2 baths \| 1,430 sq.ft.	$125,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 8.47% Airbnb Rental Income: $1255 Traditional Rental Income: $1330 Airbnb ROI: 4.54% Traditional ROI: 8.47%
820 Salem St Birmingham, AL Excellent investor opportunity! Quadplex with 2 current tenants. All units have individual...	4 beds \| 4 baths \| 2,600 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $780 Airbnb ROI: N/A Traditional ROI: 1.74%
715 Main Street East HARTSELLE, AL Nice and well maintained duplex downtown Hartselle, minutes from Hartselle City Schools, r...	N/A beds \| N/A baths \| N/A	$279,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 2.4% Airbnb Rental Income: $1380 Traditional Rental Income: $1138 Airbnb ROI: 1.73% Traditional ROI: 2.4%
1227 W Lagoon Ave #14-B GULF SHORES, AL Escape to the ultimate coastal retreat, a beautifully updated and appointed 2-bedroom, 3-b...	2 beds \| 3 baths \| 1,710 sq.ft.	$619,000	Airbnb cash on cash: -1.81% Traditional cash on cash: -0.62% Airbnb Rental Income: $1456 Traditional Rental Income: $1714 Airbnb ROI: -1.81% Traditional ROI: -0.62%
500 22nd St E JASPER, AL Investment Opportunity in Downtown Jasper, AL - Quadplex with 1 Bed/1 Bath Units! Whether ...	4 beds \| 4 baths \| 2,500 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.79% Airbnb Rental Income: $null Traditional Rental Income: $2325 Airbnb ROI: N/A Traditional ROI: 6.79%
2005 Morgan Avenue SW DECATUR, AL This property includes a single-family residence and a 5-unit apartment building. Excellen...	N/A beds \| N/A baths \| N/A	$700,000	Airbnb cash on cash: 0.22% Traditional cash on cash: -0.05% Airbnb Rental Income: $1605 Traditional Rental Income: $971 Airbnb ROI: 0.22% Traditional ROI: -0.05%
201 8th Avenue SW DECATUR, AL Please do not disturb tenants. Tenants pay trash and electric. Owner pays water/sewer, la...	N/A beds \| N/A baths \| 3,448 sq.ft.	$400,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 1.03% Airbnb Rental Income: $1605 Traditional Rental Income: $991 Airbnb ROI: 1.46% Traditional ROI: 1.03%
120 Mckenzie St Greenville, AL Cute two story cottage that has been converted into upstairs/downstairs apartments. Great ...	2 beds \| 2 baths \| N/A	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.07% Airbnb Rental Income: $null Traditional Rental Income: $1629 Airbnb ROI: N/A Traditional ROI: 11.07%
104 John Walker Cir #A,B,C,D Harvest, AL Great location near Madison Hospital, Toyota, Polaris, Redstone Arsenal, shopping and rest...	N/A beds \| N/A baths \| N/A	$755,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 0.01% Airbnb Rental Income: $1822 Traditional Rental Income: $1014 Airbnb ROI: 0.46% Traditional ROI: 0.01%
3706 Squaw Vly HUNTSVILLE, AL Portfolio sale only, package price is $1,600,000, package sale only, not for individual pu...	4 beds \| 4 baths \| 2,352 sq.ft.	$400,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 0.88% Airbnb Rental Income: $1994 Traditional Rental Income: $971 Airbnb ROI: 2.22% Traditional ROI: 0.88%
2818 Hood Rd HUNTSVILLE, AL Portfolio sale only, package price is $1,600,000, package sale only, not for individual pu...	4 beds \| 4 baths \| 2,168 sq.ft.	$400,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 0.87% Airbnb Rental Income: $1994 Traditional Rental Income: $964 Airbnb ROI: 2.22% Traditional ROI: 0.87%
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: 0.2% Traditional cash on cash: 10.95% Airbnb Rental Income: $1558 Traditional Rental Income: $7915 Airbnb ROI: 0.2% Traditional ROI: 10.95%
1816 SW Glenn Street #SW DECATUR, AL PORTFOLIO SALE ONLY: 100% occupied. This is an estate sale, not available individually. Th...	N/A beds \| N/A baths \| 1,724 sq.ft.	$400,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.35% Airbnb Rental Income: $1248 Traditional Rental Income: $1161 Airbnb ROI: 0.52% Traditional ROI: 1.35%
1803 Graymont Lane DECATUR, AL PORTFOLIO SALE ONLY: This is an estate sale, not available individually. There are three 4...	N/A beds \| N/A baths \| 1,724 sq.ft.	$400,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.34% Airbnb Rental Income: $1248 Traditional Rental Income: $1160 Airbnb ROI: 0.52% Traditional ROI: 1.34%
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: -0.41% Traditional cash on cash: 0.16% Airbnb Rental Income: $1246 Traditional Rental Income: $1217 Airbnb ROI: -0.41% Traditional ROI: 0.16%
4295 Lindsey Ln #A Orange Beach, AL NEW photos uploaded 11/3/2025 - NEW interior paint throughout!! Income-Generating Villa Ne...	3 beds \| 2 baths \| 1,126 sq.ft.	$335,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 1.21% Airbnb Rental Income: $1933 Traditional Rental Income: $1397 Airbnb ROI: 1.28% Traditional ROI: 1.21%
26065 Cotton Bayou Dr Orange Beach, AL 100% OCCUPIED, Income Producing Duplex. This wonderful duplex is located in Cotton Bayou, ...	4 beds \| 2 baths \| 2,063 sq.ft.	$685,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 1.76% Airbnb Rental Income: $2849 Traditional Rental Income: $2117 Airbnb ROI: 1.87% Traditional ROI: 1.76%
1412 W Beach Blvd #A GULF SHORES, AL This is a great opportunity to own on the north side of W Beach Blvd. Only .2 miles to the...	3 beds \| 3 baths \| 1,650 sq.ft.	$659,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.95% Airbnb Rental Income: $1015 Traditional Rental Income: $1650 Airbnb ROI: -0.66% Traditional ROI: 0.95%
33228 Stables Dr #A Spanish Fort, AL Looking to invest in a great property? This one is sold with a Lease is in place! Propert...	3 beds \| 2 baths \| 1,352 sq.ft.	$259,900	Airbnb cash on cash: 4.97% Traditional cash on cash: 3.61% Airbnb Rental Income: $2423 Traditional Rental Income: $1495 Airbnb ROI: 4.97% Traditional ROI: 3.61%
33228 Stables Dr #B Spanish Fort, AL Looking to invest in a great property? This one is sold with a Lease is in place! Propert...	3 beds \| 2 baths \| 1,352 sq.ft.	$259,900	Airbnb cash on cash: 4.97% Traditional cash on cash: 3.61% Airbnb Rental Income: $2423 Traditional Rental Income: $1495 Airbnb ROI: 4.97% Traditional ROI: 3.61%
204 Beirne Ave NE #A & B HUNTSVILLE, AL 48 HOUR ADVANCE NOTICE REQUIRED TO VIEW THIS PROPERTY. FULLY OCCUPIED & WELL-MAINTAINED D...	4 beds \| 2 baths \| 1,250 sq.ft.	$265,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.39% Airbnb Rental Income: $915 Traditional Rental Income: $1341 Airbnb ROI: 0.32% Traditional ROI: 3.39%
149 Stone Road ALBERTVILLE, AL INVESTORS...TINY HOME COMMUNITY... Here you go. 11 Total units. 5 - 1 bedroom 1 bath units...	N/A beds \| N/A baths \| N/A	$1,200,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 0.38% Airbnb Rental Income: $1363 Traditional Rental Income: $1667 Airbnb ROI: -0.26% Traditional ROI: 0.38%
2613 Wynterhall Rd HUNTSVILLE, AL Don't miss this fantastic investment opportunity in the heart of South Huntsville! This qu...	8 beds \| 8 baths \| 4,400 sq.ft.	$610,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 0.29% Airbnb Rental Income: $915 Traditional Rental Income: $1238 Airbnb ROI: -0.88% Traditional ROI: 0.29%
251 1ST STREET NE Lafayette, AL Investors, donât miss this fantastic multi-family investment opportunity! Priced to sell...	11 beds \| 5 baths \| 2,800 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.79% Airbnb Rental Income: $null Traditional Rental Income: $1607 Airbnb ROI: N/A Traditional ROI: 9.79%
606,,,706 N Alston St FOLEY, AL Rare Investment Opportunity â Prime Location in Foley, AL. Donât miss this exceptional...	20 beds \| 10 baths \| 8,468 sq.ft.	$1,349,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.71% Airbnb Rental Income: $1558 Traditional Rental Income: $6094 Airbnb ROI: -0.27% Traditional ROI: 3.71%
9 Pine Ridge Estates PHENIX CITY, AL Welcome to White Oak Ridge RV & Cottages, a newly designed and developed cottage and RV co...	6 beds \| 3 baths \| N/A	$795,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 0.38% Airbnb Rental Income: $1545 Traditional Rental Income: $1141 Airbnb ROI: 0.32% Traditional ROI: 0.38%
33208 Stables Dr #A Spanish Fort, AL This beautiful condo is a must see! It's a 3 bedroom 2 bath one story, duplex in the Spani...	3 beds \| 2 baths \| 1,520 sq.ft.	$245,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 4.28% Airbnb Rental Income: $2423 Traditional Rental Income: $1671 Airbnb ROI: 4.96% Traditional ROI: 4.28%
570/580 Pine Street ALBERTVILLE, AL If youre looking for a tenant occupied- rental duplex property, then this might be it! Loc...	N/A beds \| N/A baths \| N/A	$357,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 1.93% Airbnb Rental Income: $1363 Traditional Rental Income: $1246 Airbnb ROI: 1.04% Traditional ROI: 1.93%

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.

$750,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $1512

Traditional Rental Income: $2021

Airbnb ROI: 0.22%

Traditional ROI: 1.58%

1131 Magnolia Curve

Montgomery, AL

4 beds | 2 baths | N/A

$269,900

Airbnb cash on cash: 1.46%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1213

Traditional Rental Income: $1863

Airbnb ROI: 1.46%

Traditional ROI: 5.55%

614 Nichols Ave

Fairhope, AL

2 beds | 2 baths | 1,638 sq.ft.

$959,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $1939

Traditional Rental Income: $1878

Airbnb ROI: 0.37%

Traditional ROI: 0.87%

7683 Georgia Ave

LEEDS, AL

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

$1,091,550

Airbnb cash on cash: -0.57%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $1359

Traditional Rental Income: $1136

Airbnb ROI: -0.57%

Traditional ROI: -0.38%

156-a Dudley Lane

Owens Cross Roads, AL

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

$595,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.28%

Airbnb Rental Income: $null

Traditional Rental Income: $1373

Airbnb ROI: N/A

Traditional ROI: 1.28%

1472 W Beach Blvd #4

GULF SHORES, AL

3 beds | 2 baths | 1,591 sq.ft.

$569,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $1015

Traditional Rental Income: $1748

Airbnb ROI: -0.87%

Traditional ROI: 1.18%

7 CALHOUN Drive

Montgomery, AL

4 beds | 2 baths | N/A

$189,000

Airbnb cash on cash: 2.64%

Traditional cash on cash: 7.93%

Airbnb Rental Income: $1213

Traditional Rental Income: $1772

Airbnb ROI: 2.64%

Traditional ROI: 7.93%

1738 17th St N

Birmingham, AL

4 beds | 4 baths | 2,620 sq.ft.

$334,900

Airbnb cash on cash: 1.48%

Traditional cash on cash: 10.05%

Airbnb Rental Income: $1312

Traditional Rental Income: $3602

Airbnb ROI: 1.48%