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.

Townhouses for Sale in Alabama

Search for Townhouse for Sale in Alabama. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 580 Townhouse 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
22 S Perry Street Montgomery, AL Discover a truly extraordinary living space in this one-of-a-kind townhome, meticulously r...	2 beds \| 4 baths \| 2,550 sq.ft.	$499,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.55% Airbnb Rental Income: $1561 Traditional Rental Income: $2410 Airbnb ROI: 0.77% Traditional ROI: 3.55%
1000 D'olive Springs Dr Daphne, AL Back Active-Pending Release. Recently updated with New Flooring Throughout! Convenient loc...	3 beds \| 2 baths \| 1,318 sq.ft.	$214,900	Airbnb cash on cash: 6.72% Traditional cash on cash: 5.36% Airbnb Rental Income: $2373 Traditional Rental Income: $1512 Airbnb ROI: 6.72% Traditional ROI: 5.36%
25806 Pollard Rd #80 Daphne, AL PRISTINE unit in St Charles Villas! Upgrades to this 3 bedroom, 2 bath unit include new fi...	3 beds \| 2 baths \| 1,432 sq.ft.	$205,000	Airbnb cash on cash: 6.2% Traditional cash on cash: 5.39% Airbnb Rental Income: $2373 Traditional Rental Income: $1632 Airbnb ROI: 6.2% Traditional ROI: 5.39%
448 Meadow Croft Dr Birmingham, AL OPEN HOUSE SUNDAY 9/7 from 1:00-3:00. Beautifully updated 3BR/2.5BA townhome in Meadowbroo...	3 beds \| 2 baths \| 2,146 sq.ft.	$349,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 4% Airbnb Rental Income: $2085 Traditional Rental Income: $1945 Airbnb ROI: 2.79% Traditional ROI: 4%
401 E Beach Blvd #1302 GULF SHORES, AL Rare Upper-Floor Condo at Seawind Unbeatable Gulf of America Views! Don't miss this rare o...	2 beds \| 2 baths \| 1,130 sq.ft.	$659,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 0.4% Airbnb Rental Income: $1456 Traditional Rental Income: $2156 Airbnb ROI: -1.44% Traditional ROI: 0.4%
26063 Canal Rd #E2 Orange Beach, AL Welcome to Magnolia Key Townhomes in Orange Beach. This 2 bedroom, 2.5 bath unit offers be...	2 beds \| 2 baths \| 1,552 sq.ft.	$519,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 0.91% Airbnb Rental Income: $1312 Traditional Rental Income: $1955 Airbnb ROI: -1.25% Traditional ROI: 0.91%
25806 Pollard Rd #24 Daphne, AL This 3-bedroom, 2.5-bath townhome end unit was built in 2018 and features a 1-car garage, ...	3 beds \| 2 baths \| 1,432 sq.ft.	$225,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 4.47% Airbnb Rental Income: $2373 Traditional Rental Income: $1556 Airbnb ROI: 5.56% Traditional ROI: 4.47%
25806 Pollard Rd #30 Daphne, AL Highly sought after end unit which provides additional privacy and windows in the living r...	3 beds \| 2 baths \| 1,567 sq.ft.	$229,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 6.8% Airbnb Rental Income: $2373 Traditional Rental Income: $2082 Airbnb ROI: 5.45% Traditional ROI: 6.8%
27580 Canal Rd #1112 Orange Beach, AL RENOVATED WATERFRONT CONDO â PRIVATE BOAT LAUNCH + COVERED PARKING â ONLY $625K. Updat...	2 beds \| 2 baths \| 1,308 sq.ft.	$625,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 0.31% Airbnb Rental Income: $1312 Traditional Rental Income: $2018 Airbnb ROI: -1.6% Traditional ROI: 0.31%
199 Puttenum Way Oxford, AL Welcome home to this beautifully 3BR/2.5BA townhome perfectly situated on the golf course,...	3 beds \| 2 baths \| 2,452 sq.ft.	$365,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.08% Airbnb Rental Income: $1657 Traditional Rental Income: $2046 Airbnb ROI: 1.58% Traditional ROI: 4.08%
9 Summer Oaks Dr Daphne, AL Tucked away behind a canopy of mature trees, this Summer Oaks townhome offers the perfect ...	2 beds \| 2 baths \| 1,352 sq.ft.	$179,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.41% Airbnb Rental Income: $1293 Traditional Rental Income: $1389 Airbnb ROI: 2.47% Traditional ROI: 5.41%
25293 Perdido Beach Blvd #24 Orange Beach, AL Located in the gated Mariner Lakes community of Orange Beach, this updated 2BR/2.5BA condo...	2 beds \| 2 baths \| 1,132 sq.ft.	$347,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.83% Airbnb Rental Income: $1312 Traditional Rental Income: $2628 Airbnb ROI: -0.46% Traditional ROI: 4.83%
4615 Nancy Ln #8 Orange Beach, AL Tucked away in the community center of Orange Beach, Nancy Lane #8 offers the perfect blen...	3 beds \| 2 baths \| 1,618 sq.ft.	$400,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 1.09% Airbnb Rental Income: $1933 Traditional Rental Income: $1539 Airbnb ROI: 0.78% Traditional ROI: 1.09%
2311 Fraim Dr PELL CITY, AL Welcome to Beautiful lake Views! 2 Bedroom + Upstairs Landing Area that will Hold Bunk Bed...	2 beds \| 2 baths \| 1,360 sq.ft.	$314,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.29% Airbnb Rental Income: $1547 Traditional Rental Income: $1931 Airbnb ROI: 1.49% Traditional ROI: 4.29%
212 Meadow Croft Cir Birmingham, AL Shows like new. This energy efficient, well maintained 3 BEDROOM/2.5 BATH end-unit townhom...	3 beds \| 2 baths \| 1,958 sq.ft.	$349,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 3.81% Airbnb Rental Income: $2085 Traditional Rental Income: $1807 Airbnb ROI: 3.02% Traditional ROI: 3.81%
389 Clubhouse Dr #E-3 GULF SHORES, AL Welcome to 389 Clubhouse Drive, Unit E3, a beautifully updated and fully furnished townhom...	3 beds \| 2 baths \| 1,309 sq.ft.	$265,700	Airbnb cash on cash: 0.07% Traditional cash on cash: 3.21% Airbnb Rental Income: $1015 Traditional Rental Income: $1445 Airbnb ROI: 0.07% Traditional ROI: 3.21%
1602 Limestone Court Montgomery, AL This home is furnished and move-in ready! Townhome is located in a quiet cul-de-sac. A SMA...	2 beds \| 3 baths \| 1,320 sq.ft.	$139,900	Airbnb cash on cash: 5.41% Traditional cash on cash: 6.07% Airbnb Rental Income: $1438 Traditional Rental Income: $1098 Airbnb ROI: 5.41% Traditional ROI: 6.07%
166 Singapore Cir Birmingham, AL Awesome opportunity to purchase a 3BR/2BA townhouse in Oxmoor Ridge for UNDER $175,000. L...	3 beds \| 2 baths \| 1,408 sq.ft.	$259,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.75% Airbnb Rental Income: $727 Traditional Rental Income: $1392 Airbnb ROI: -0.23% Traditional ROI: 3.75%
2735 Niazuma Ave S Birmingham, AL Darling townhouse in one of Birmingham's most desirable neighborhoods! Located right next ...	2 beds \| 2 baths \| 1,292 sq.ft.	$274,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 4.8% Airbnb Rental Income: $1180 Traditional Rental Income: $1742 Airbnb ROI: 1.15% Traditional ROI: 4.8%
1531 Applegate Ln ALABASTER, AL Move-in ready townhome in the heart of Alabaster! Located less than a mile from award-winn...	2 beds \| 1 baths \| 1,206 sq.ft.	$161,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $1343 Airbnb ROI: N/A Traditional ROI: 6.47%
3028 Old Stone Dr Birmingham, AL Discover townhouse living at its finest in the sought-after Inverness Area! Conveniently l...	3 beds \| 3 baths \| 1,682 sq.ft.	$329,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.73% Airbnb Rental Income: $1859 Traditional Rental Income: $2015 Airbnb ROI: 2.61% Traditional ROI: 4.73%
676 Flag Cir HOOVER, AL Full brick Lake Crest townhome featuring one of the larger open floor plans with 3 bedroom...	3 beds \| 2 baths \| 2,570 sq.ft.	$426,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 2.75% Airbnb Rental Income: $2131 Traditional Rental Income: $1866 Airbnb ROI: 2.05% Traditional ROI: 2.75%
527 E Beach Blvd #1903 GULF SHORES, AL Gulf Front Corner Unit - $100K+ RENTALS & $21K ALREADY BOOKED FOR 2026! This 19th-floor 4-...	4 beds \| 4 baths \| 2,104 sq.ft.	$1,150,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 0.86% Airbnb Rental Income: $1512 Traditional Rental Income: $3343 Airbnb ROI: -1.27% Traditional ROI: 0.86%
169 Cypress Ln Fairhope, AL Low maintenance custom built home in Fairhope Spring Lake neighborhood . Beautiful corner...	3 beds \| 2 baths \| 1,592 sq.ft.	$349,800	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.74% Airbnb Rental Income: $1888 Traditional Rental Income: $1831 Airbnb ROI: 2.38% Traditional ROI: 3.74%
2386 ACTON PARK CIRCLE Birmingham, AL back on the market no fault of seller - buyer financing fell through Welcome to this bea...	3 beds \| 2 baths \| N/A	$340,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.84% Airbnb Rental Income: $1859 Traditional Rental Income: $1686 Airbnb ROI: 1.82% Traditional ROI: 2.84%
2033 HAZEL HEDGE Lane Montgomery, AL Welcome to this spacious 2-bedroom, 2.5-bathroom condo nestled in one of the most sought-a...	2 beds \| 3 baths \| 1,740 sq.ft.	$160,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 8.09% Airbnb Rental Income: $1438 Traditional Rental Income: $1606 Airbnb ROI: 4.18% Traditional ROI: 8.09%
4054 Camellia Drive Montgomery, AL Welcome to 4054 Camellia Drive, a beautifully updated 3-bedroom, 2-bath townhome offering ...	3 beds \| 2 baths \| 1,725 sq.ft.	$139,900	Airbnb cash on cash: 7.41% Traditional cash on cash: 10.93% Airbnb Rental Income: $1759 Traditional Rental Income: $1750 Airbnb ROI: 7.41% Traditional ROI: 10.93%
2058 Ross Park Way HOOVER, AL Walk to the park & pool! Wonderful opportunity in sought-after Ross Bridge community! This...	3 beds \| 3 baths \| 2,310 sq.ft.	$407,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.17% Airbnb Rental Income: $2131 Traditional Rental Income: $2713 Airbnb ROI: 2.22% Traditional ROI: 5.17%
100 COALES BRANCH DRIVE Pelham, AL Fantastic 2 Bedrooms & 2 Bathrooms End Unit Townhouse is Ready for New Owner. New Paint t...	2 beds \| 2 baths \| N/A	$229,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 5.04% Airbnb Rental Income: $1572 Traditional Rental Income: $1483 Airbnb ROI: 3.37% Traditional ROI: 5.04%
17 Mcphillips Avenue Mobile, AL Rare opportunity in Midtown! Available for purchase is an elegant duplex on coveted McPhil...	2 beds \| 1 baths \| 2,109 sq.ft.	$319,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 1.76% Airbnb Rental Income: $1648 Traditional Rental Income: $1144 Airbnb ROI: 1.89% Traditional ROI: 1.76%
2302 CHESHIRE DRIVE Birmingham, AL Great investment property in a up and coming area. Current tenant in place. Townhome backs...	2 beds \| 2 baths \| N/A	$122,900	Airbnb cash on cash: 7.55% Traditional cash on cash: 5.52% Airbnb Rental Income: $1580 Traditional Rental Income: $887 Airbnb ROI: 7.55% Traditional ROI: 5.52%
1324 INVERNESS COVE DRIVE HOOVER, AL Welcome to 1324 Inverness Cove Drive, a beautiful corner townhome offering scenic views an...	3 beds \| 3 baths \| N/A	$380,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 2.1% Airbnb Rental Income: $2131 Traditional Rental Income: $1604 Airbnb ROI: 2.05% Traditional ROI: 2.1%
920 W Lagoon Dr. GULF SHORES, AL	2 beds \| 2 baths \| N/A	$245,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.87% Airbnb Rental Income: $1456 Traditional Rental Income: $1547 Airbnb ROI: 2.61% Traditional ROI: 4.87%
1015 Townes Ct Birmingham, AL Welcome home to 1015 Towns Court! This beautifully renovated townhome features 3 bedrooms ...	3 beds \| 2 baths \| 2,344 sq.ft.	$379,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 3.21% Airbnb Rental Income: $2085 Traditional Rental Income: $1867 Airbnb ROI: 2.32% Traditional ROI: 3.21%
718 3RD STREET ALABASTER, AL SUPER CONVENIENT!! You will love this townhouse! SO close to hospital, dining, major inte...	3 beds \| 3 baths \| N/A	$199,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 8.99% Airbnb Rental Income: $1260 Traditional Rental Income: $2066 Airbnb ROI: 2.64% Traditional ROI: 8.99%

Your search for investment property begins and ends here

Townhouses for Sale in Alabama

22 S Perry Street

Montgomery, AL

2 beds | 4 baths | 2,550 sq.ft.

$499,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1561

Traditional Rental Income: $2410

Airbnb ROI: 0.77%

Traditional ROI: 3.55%

1000 D'olive Springs Dr

Daphne, AL

3 beds | 2 baths | 1,318 sq.ft.

$214,900

Airbnb cash on cash: 6.72%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $2373

Traditional Rental Income: $1512

Airbnb ROI: 6.72%

Traditional ROI: 5.36%

25806 Pollard Rd #80

Daphne, AL

3 beds | 2 baths | 1,432 sq.ft.

$205,000

Airbnb cash on cash: 6.2%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $2373

Traditional Rental Income: $1632

Airbnb ROI: 6.2%

Traditional ROI: 5.39%

448 Meadow Croft Dr

Birmingham, AL

3 beds | 2 baths | 2,146 sq.ft.

$349,900

Airbnb cash on cash: 2.79%

Traditional cash on cash: 4%

Airbnb Rental Income: $2085

Traditional Rental Income: $1945

Airbnb ROI: 2.79%

Traditional ROI: 4%

401 E Beach Blvd #1302

GULF SHORES, AL

2 beds | 2 baths | 1,130 sq.ft.

$659,000

Airbnb cash on cash: -1.44%

Traditional cash on cash: 0.4%

Airbnb Rental Income: $1456

Traditional Rental Income: $2156

Airbnb ROI: -1.44%

Traditional ROI: 0.4%

26063 Canal Rd #E2

Orange Beach, AL

2 beds | 2 baths | 1,552 sq.ft.

$519,000

Airbnb cash on cash: -1.25%

Traditional cash on cash: 0.91%

Airbnb Rental Income: $1312

Traditional Rental Income: $1955

Airbnb ROI: -1.25%

Traditional ROI: 0.91%

25806 Pollard Rd #24

Daphne, AL

3 beds | 2 baths | 1,432 sq.ft.

$225,000

Airbnb cash on cash: 5.56%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $2373

Traditional Rental Income: $1556

Airbnb ROI: 5.56%

Traditional ROI: 4.47%

25806 Pollard Rd #30

Daphne, AL

3 beds | 2 baths | 1,567 sq.ft.

$229,000

Airbnb cash on cash: 5.45%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $2373

Traditional Rental Income: $2082

Airbnb ROI: 5.45%