Income producing mixed-use investment opportunity in downtown Tuscumbia with multiple revenue streams and established tenants already in place!
Unit 1: Retail storefront with lower levels with living quarters- 1BD/1BA, kitchen, and large warehouse. New LED lights throughout. Unit 2: Middle/back area with 1BA, kitchenette, and warehouse. Attaches to garage that is currently being used as a separate storage unit. Apartment -1BD/1BA, Apartment 2- 2BD/1BA.
With existing tenants and cash flow already in place, this property also offers additional potential for increased rental income and future growth!
For sale
Price cut: $100 (9/4)
$224,800
106 S Water St, Tuscumbia, AL 35674
--beds
--baths
--sqft
Multi Family
Built in 1970
-- sqft lot
$217,500 Zestimate®
$--/sqft
$-- HOA
What's special
Retail storefrontLarge warehouseNew led lights throughout
- 100 days
- 80
- 2
Zillow last checked:
Listing updated:
Listed by:
Rachel Taylor 256-710-6389,
ag Real Estate
Source: Strategic MLS Alliance,MLS#: 529254
Facts & features
Interior
Heating
- Natural Gas
Cooling
- Central Air, Varies by Unit, Window Unit(s)
Features
- Flooring: Concrete, Laminate, Vinyl
- Basement: Interior Entry,Unfinished
Property
Parking
- Parking features: On Street, Shared Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Front Porch
Lot
- Size: 8,276 Square Feet
- Dimensions: 162 x 134
Details
- Parcel number: 1302043004090
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Tuscumbia
Financial & listing details
- Annual tax amount: $1,993
- Price range: $224.8K - $224.8K
- Date on market: 6/2/2026
Estimated market value
$217,500
$207,000 - $228,000
$1,019/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $224,8000% |
Source: Strategic MLS Alliance #529254 Report a problem | ||
| 7/21/2026 | Price change | $224,900-2.2% |
Source: Strategic MLS Alliance #529254 Report a problem | ||
| 6/2/2026 | Listed for sale | $229,900-17.6% |
Source: Strategic MLS Alliance #529254 Report a problem | ||
| 1/14/2026 | Listing removed | $279,000 |
Source: Strategic MLS Alliance #524759 Report a problem | ||
| 10/13/2025 | Listed for sale | $279,000 |
Source: Strategic MLS Alliance #524759 Report a problem | ||
| 9/22/2025 | Pending sale | $279,000 |
Source: Strategic MLS Alliance #524759 Report a problem | ||
| 9/16/2025 | Listed for sale | $279,000+123.2% |
Source: Strategic MLS Alliance #524759 Report a problem | ||
| 5/20/2024 | Sold | $125,000-30.6% |
Source: Strategic MLS Alliance #515700 Report a problem | ||
| 4/17/2024 | Pending sale | $180,000 |
Source: Strategic MLS Alliance #515700 Report a problem | ||
| 4/2/2024 | Listed for sale | $180,000 |
Source: Strategic MLS Alliance #515700 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 35674
Nearby schools
Schools provided by the listing agent
- Elementary: Tuscumbia
- Middle: Tuscumbia
- High: Deshler
Source: Strategic MLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





