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Downtown Florence Multifamily Homes & Duplexes for Sale

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  • 304 Plum St, Florence, AL 35630
    304 Plum St, Florence, AL 35630
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    $275,000

    • 3,078 Sq Ft

    304 Plum St, Florence, AL 35630

    Great investment opportunity in the heart of downtown Florence! This fully renovated property features three leased rental units, making it an ideal turnkey addition to your portfolio .. $2,700 monthly rental income. Each unit comes equipped with all appliances. There are two mobile AC units that will remain as well as four Blink cameras installed at the entry doors. With reliable tenants

    PATTI THOMAS Neese Real Estate

    304 Plum St, Florence, AL 35630
  • 427 N Court St, Florence, AL 35630
    427 N Court St, Florence, AL 35630
    427 N Court St, Florence, AL 35630
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    $1,349,900

    427 N Court St, Florence, AL 35630

    Beautifully updated condos in the heart of Downtown Florence, just feet from the University of North Alabama (UNA). Each unit offers 3 bedrooms, 2.5 baths, and a 2-vehicle basement garage. Recent updates include fresh paint throughout, new/newer appliances, updated flooring, renovated kitchens and bathrooms. Spacious, modern living in a prime location-just minutes to the best restaurants bars,

    Toni McGee Brickdriven Realty

    427 N Court St, Florence, AL 35630
  • 801 E Tombigbee St, Florence, AL 35630
    801 E Tombigbee St, Florence, AL 35630
    801 E Tombigbee St, Florence, AL 35630
    /33

    $379,900

    • 2,778 Sq Ft

    801 E Tombigbee St, Florence, AL 35630

    Incredible investment opportunity in Downtown Florence!!! Multi-dwelling property with 5 units -- all in great condition and ready to go. All you need is the key! Two of the units are furnished-- all have been well maintained and are currently occupied. More information on the units available. Property can be shown with serious offers only.

    KELLI LAMBERT RE/MAX Tri-State

    801 E Tombigbee St, Florence, AL 35630
Alabama Lauderdale County Florence Downtown Florence

Multi-Family Homes & Duplexes for Sale in Downtown Florence, Florence

Why Live in Downtown Florence
Downtown Florence is the social hub of the Shoals area, a quad-city region along the Tennessee River. Throughout the year, First Friday’s events transform Court Street into “one giant block party,” Samantha Lamb says. A University of North Alabama ...
Learn more about living in Downtown Florence

Home Trends in Downtown Florence, AL

On average, homes in Downtown Florence, Florence sell after 12 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Florence, Florence over the last 12 months is $221,750, up 15% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$221,750
Median Single Family Sale Price
$232,500
Median 2 Bedroom Sale Price
$345,000
Average Price Per Sq Ft
$139
Number of Homes for Sale
3
Last 12 months Home Sales
24
Months of Supply
1.50
Median List Price
$237,200
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
15%
How to Buy a Home How to Finance a Home How to Sell a Home

In Downtown Florence, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $275,000 to $1,349,900, there's something for every budget. As of September, 2025 the median home price in Downtown Florence, Florence is $237,200, while the average sale price is $283,141, providing insight into local market trends. On average, multi-family homes spend 12 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Downtown Florence, Florence.

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