For sale

Price cut: $34K (8/19)

$115,000

251 1st St NE, Lafayette, AL 36862

3beds

2,800sqft

$737/mo

Get pre-qualified

Single Family Residence

Built in 1960

2.06 Acres Lot

$-- Zestimate^®

$41/sqft

$-- HOA

What's special

Two garage apartments

Perfect for investors! Priced to sell and full of potential, this unique property package sits on over 2 acres and includes multiple income-producing units. The single-family home features 3 bedrooms and 1 bathroom. Next door, you’ll find even more investment potential with a duplex offering two units, each with 2 bedrooms and 1 bathroom. At the rear of the property, conveniently located just off the 4-lane road, are two garage apartments — the upper unit features 1 bedroom and 1 bathroom, while the lower unit offers 3 bedrooms and 1 bathroom. In total, this property includes 5 units, 11 bedrooms, and 5 bathrooms, plus additional land between the structures, providing even more value and future development potential. This is an excellent income-producing opportunity with room to grow. Property is being sold as-is.

162 days
424
26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Heating

None

Cooling

Other, See Remarks

Features

None
Basement: None

Interior area

Total interior livable area: 2,800 sqft
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Garage, One Car Garage
Garage spaces: 1

Features

Levels: One
Stories: 1
Pool features: None
Fencing: None

Lot

Size: 2.06 Acres
Features: 1-3 Acres

Details

Parcel number: 121201123001047

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick Veneer, Block, Clapboard

Condition

Year built: 1960

Utilities & green energy

Utilities for property: Sewer Connected, Water Available

Community & HOA

Community

Subdivision: NONE

HOA

Has HOA: No
Amenities included: None
Services included: None

Location

Region: Lafayette

Financial & listing details

Price per square foot: $41/sqft
Date on market: 3/25/2026
Cumulative days on market: 162 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/19/2026	Price change	$115,000-22.8%$41/sqft
Source: LCMLS #179580 Report a problem
3/25/2026	Listed for sale	$149,000+2.8%$53/sqft
Source: LCMLS #179579 Report a problem
3/20/2026	Listing removed	$145,000$52/sqft
Source: LCMLS #176494 Report a problem
9/22/2025	Listed for sale	$145,000-19.4%$52/sqft
Source: LCMLS #176494 Report a problem
8/29/2025	Listing removed	$180,000$64/sqft
Source: LCMLS #175349 Report a problem
7/14/2025	Price change	$180,000-7.7%$64/sqft
Source: LCMLS #175349 Report a problem
6/11/2025	Listed for sale	$195,000$70/sqft
Source: LCMLS #175349 Report a problem