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Florence, AL Multifamily Homes & Duplexes for Sale

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  • 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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    $1,399,900

    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 EXIT Realty Shoals

    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
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    $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
  • 721 High St, Florence, AL 35630
    721 High St, Florence, AL 35630
    721 High St, Florence, AL 35630
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    $265,000

    • 1,534 Sq Ft

    721 High St, Florence, AL 35630

    Turn-key investment opportunity awaits in Florence, AL! This duplex has been recently upgraded with new PTAC units and updated bathrooms. All appliances to convey, including washers and dryers! Easy commute to nearby shopping, dining, and schools. Immediate stream of income available! The recent updates ensure a modern living space, minimizing concerns and maximizing rental income potential. Take

    Tierra Jones Access Real Estate

    721 High St, Florence, AL 35630
  • 139 Sunset Beach Rd, Florence, AL 35633
    139 Sunset Beach Rd, Florence, AL 35633
    139 Sunset Beach Rd, Florence, AL 35633
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    $899,900

    • 7,160 Sq Ft

    139 Sunset Beach Rd, Florence, AL 35633

    One of the most lucrative properties on Pickwick Lake could be yours! This unique property features seven (YES, SEVEN!) separate rentals, Airbnb's, or multi family dwellings and is privately located on a dead-end road. One unit features a 2 bed, 1 bath apartment, a open-concept 1 bed 1 bath apartment with 4 season sunroom, and an additional 3rd floor 1 bed, 1 bath apartment and a 2 car carport

    Chastidy Smith Nxcel Realty

    139 Sunset Beach Rd, Florence, AL 35633
  • 821 Prospect St, Florence, AL 35630
    821 Prospect St, Florence, AL 35630
    821 Prospect St, Florence, AL 35630
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    $235,000

    821 Prospect St, Florence, AL 35630

    Duplex investment property near UNA- GREAT opportunity!Located less than a mile from UNA, this income-generating duplex features two separate units with private entries and parking. The multi-level unit offers 3 bedrooms and 2 bathrooms, while the second unit is a 2 bedroom, 2 bath layout, all on one level! Each unit includes its own front & back entrances, private decks, & window units for

    Kandace Rhodes MarMac Real Estate - The Shoals

    821 Prospect St, Florence, AL 35630
  • 4301 Huntsville Rd, Florence, AL 35630
    4301 Huntsville Rd, Florence, AL 35630
    4301 Huntsville Rd, Florence, AL 35630
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    $249,900

    • 1,154 Sq Ft

    4301 Huntsville Rd, Florence, AL 35630

    3 HOUSES with total rent of $2200 on a possible commercial lot with high traffic count. This is NOT CITY LIMITS even though its one block off Cox Creek Pkwy( 3 bed 1 bath, 2 Bed 1 Bath, 2 bed 1 bath) Directly across from McCory Carpets.Corner lot with 479' of total Road front. A great place for your office , Coffee Shop or whatever with the constant traffic flow. Or just pay for the

    Monty Allen Patriot Realty

    4301 Huntsville Rd, Florence, AL 35630
Alabama Florence

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

Why Live in Florence

Florence's rich musical heritage comes alive through attractions like the W.C. Handy Birthplace Museum, celebrating the "Father of the Blues." The city's cultural scene thrives with the Kennedy-Douglass Center for the Arts' rotating exhibits and live performances at the historic Shoals Theatre. McFarland Park provides scenic Tennessee River access for picnicking and walking, while Wilson Park serves as a downtown community gathering space. Architecture buffs will appreciate the Frank Lloyd Wright-designed Rosenbaum House, Alabama's only Wright creation. The University of North Alabama campus features a unique live lion habitat, adding to the city's distinctive character. The Florence housing market includes single family homes, townhomes, and condos across diverse neighborhoods. Single family homes in Forest Hills command a median price of $275,000, while Downtown Florence's median price sits at $255,000. Hickory Hills represents the highest median price point at $304,500. Two bedroom condos typically sell for a median price of $345,000, and townhomes have a median price of $197,500. Florence's cost of living stands 16.3% below the national average. A family with school age children needs approximately $89,000 annually to live comfortably, while renters require about $41,000. Property taxes remain competitive at 0.38%, lower than many comparable cities. The combined sales tax rate is 9.43%. Monthly grocery costs average $1,500 for families and $700 for renters. Housing expenses run approximately $1,500 monthly for families and $1,000 for renters. The city has two A rated schools: Kilby Laboratory School and St. Joseph Regional Catholic School, serving multiple neighborhoods including North Florence and Downtown Florence.
Learn more about living in Florence

Home Trends in Florence, AL

On average, homes in Florence, AL sell after 47 days on the market compared to the national average of 70 days. The median sale price for homes in Florence, AL over the last 12 months is $342,900, up 49% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$342,900
Median Single Family Sale Price
$342,900
Average Price Per Sq Ft
$220
Number of Homes for Sale
21
Last 12 months Home Sales
142
Months of Supply
1.80
Median List Price
$364,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
49%
How to Buy a Home How to Finance a Home How to Sell a Home

In Florence, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $235,000 to $1,399,900, there's a range to accomodate every budget. As of July, 2025 the median home price in Florence is $364,900, while the average sale price is $411,557, offering insights into the local housing market. On average, multi-family homes spend 47 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to 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 considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Florence, AL.

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