$300,000
$40K PRICE DROP

727 Sherrod Ave Florence, AL 35630

North Florence Neighborhood

Estimated payment $1,947/month

Total Views 3,006
-- Bed
-- Bath
3,300 Sq Ft
$91 Price per Sq Ft

About This Home

A soon-to-be-full 5 unit apartment building available in walking distance of UNA! This property has 3 occupied units, and 2 that have just been fully redone and are rent-ready! Currently being marketed for rent, when this property is full, it will hit the 1% rule for investors. This property offers four 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. It has a newer roof and a detached garage that could be used for storage or for additional income.

Listing Agent

JACOB HARBIN

RE/MAX Today License #118980 Listed on: 02/24/2026

RE/MAX Today

Property Details

Home Type

  • Multi-Family

Home Design

Parking

  • 7 Car Garage
  • Driveway
  • Open Parking

Schools

  • Florence Elementary School
  • Florence High School

Additional Features

  • 7,405 Sq Ft Lot
  • No Heating

Community Details

  • 5 Units
  • 3,300 Sq Ft Building
  • City Of Florence Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 6

Property Details

Home Type

Multi-Family

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Subdivision Name: City Of Florence
  • Garage Yn: Yes
  • Special Features: None

Exterior Features

  • View: No

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Garage, Driveway
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Heating Yn: No
  • Water Source: Public

Schools

  • Middle Or Junior School: Florence

Lot Info

  • Lot Size Sq Ft: 7405.2

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Block: 6
  • Tax Lot: 14

MLS Schools

  • Elementary School: Florence
  • High School: Florence

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,874 $79,060 $0 $0
2024 $3,621 $73,900 $1,700 $72,200
2023 $3,621 $1,540 $1,540 $0
2022 $2,736 $55,840 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2026 05/14/26 Price Changed $300,000 -4.8% $91 / Sq Ft
04/05/2026 04/05/26 Price Changed $315,000 -4.5% $95 / Sq Ft
03/16/2026 03/16/26 Price Changed $330,000 -2.9% $100 / Sq Ft
02/24/2026 02/24/26 For Sale $340,000 -- $103 / Sq Ft
Source: ValleyMLS.com

Source: ValleyMLS.com

MLS Number: 21910640

ValleyMLS.com

APN: 24-02-10-1-004-016-001

Alabama Lauderdale County Florence 35630 North Florence

727 Sherrod Ave, Florence, AL

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