$295,000
$50K PRICE DROP

261 Cypress Mill Rd Unit 2 Florence, AL 35630

North Florence Neighborhood

Estimated payment $1,628/month

Total Views 1,180
2 Beds
2 Baths
1,800 Sq Ft
$164 Price per Sq Ft

About This Home

Looking for an opportunity? Take a look at this commercial and residential building! You can have a business and residents. Versatile multi-use property offering endless potential! This unique property features two separate apartments, one upstairs and one downstairs, each with its own private entrance. The flexible layout also allows the ground floor to be utilized as a business space while maintaining a private apartment upstairs, making it ideal for investors, entrepreneurs, or owner-occupants. For those looking to expand, the property also presents an excellent redevelopment opportunity for multi-unit apartments. With so many possibilities, this property is a rare find. Seller is also offering a Home Warranty for added peace of mind.

Listing Agent

Brenda Kelly

EXIT River City Realty License #000098814 Listed on: 06/09/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1930

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 55x125

Parking

  • Additional Parking

Home Design

  • 1,800 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2402033005052000

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1930

Lot Details

871 Sq Ft Lot

Listing Details

  • Above Grade Finished Sq Ft: 1800.0
  • Lot Dimensions: 55x125
  • Subdivision Name: None
  • PropertySubType: Residential
  • PropertyType: Residential
  • Lot Size Acres: 0.02
  • Co List Office Phone: OFC-256-284-7781
  • MLS Status: Active
  • Manufactured_Home_YN: 0
  • Multiple_Level_YN: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No
  • LivingArea: 1800.0
  • Total Bedrooms: 2
  • FireplaceYN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Planned Community Name: None

Schools

  • Middle Or Junior School: City

Lot Info

  • Parcel Number: 2402033005052000

Building Info

  • Year Built: 1930
  • BuildingAreaTotal: 1800.0

Multi Family

Tax Info

  • Year: 2025
  • Tax Lot: 3
  • Tax Annual Amount: 525.46

MLS Schools

  • Elementary School: City
  • HighSchool: City

Map

Range of Values:

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Value Increase
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2026 06/09/26 Price Changed $295,000 -14.5% $164 / Sq Ft
05/22/2026 05/22/26 For Sale $344,900 -- $192 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 529070

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-02-03-3-005-052.000

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