Investor opportunity to acquire a six-door residential rental portfolio consisting of five properties, offered together as an investment package.Offering provides strong cash flow and an approximately 9% cap rate with operating expenses included, making this an attractive opportunity for investors seeking an established rental portfolio.
The portfolio includes 2013 Midway St, Florence; 301 Seventh St, Sheffield; 700 N Columbia St, Sheffield; 105 N Broadway St, Florence; 316 N Crown St, Florence; and 1005 W Irvine Ave, Florence.
Financials available upon request. Properties are occupied, please do not disturb tenants. No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence. There are two other listings with additional rentals available.
For sale
$509,900
316 Crown St, Florence, AL 35630
--beds
--baths
1,560sqft
Multi Family
Built in 1947
-- sqft lot
$151,000 Zestimate®
$327/sqft
$-- HOA
What's special
- 1 day
- 28
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Melissa Goduti 256-284-0351,
MarMac Real Estate - The Shoals
Source: Strategic MLS Alliance,MLS#: 531093
Facts & features
Interior
Features
- Has basement: No
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
Property
Lot
- Dimensions: 5 Lots
Details
- Parcel number: 2303062010020.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Florence
HOA
- Has HOA: No
Location
- Region: Florence
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $123,080
- Annual tax amount: $1,263
- Price range: $509.9K - $509.9K
- Date on market: 9/4/2026
- Listing terms: Cash,Conventional
Estimated market value
$151,000
$115,000 - $195,000
$854/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $509,900-36.7%$327/sqft |
Source: Strategic MLS Alliance #531093 Report a problem | ||
| 9/30/2020 | Sold | $805,000-7.5%$516/sqft |
Source: Strategic MLS Alliance #163889 Report a problem | ||
| 7/30/2020 | Listed for sale | $870,000$558/sqft |
Source: CENTURY 21 CLEMENT REALTY, INC #431439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,181 +6.9% | $24,100 +6.9% |
| 2024 | $1,104 +11.8% | $22,540 +11.8% |
| 2023 | $988 +21.9% | $20,160 +21.9% |
| 2022 | $810 +11.8% | $16,540 +11.8% |
| 2021 | $725 +7.1% | $14,800 +7.1% |
| 2019 | $677 | $13,820 +0.1% |
| 2018 | $677 +0.1% | $13,800 |
| 2017 | $676 | $13,800 |
| 2016 | $676 | $13,800 +6% |
| 2015 | $676 +6% | $13,020 +2.4% |
| 2014 | $638 | $12,720 |
| 2013 | -- | $12,720 -5.8% |
| 2012 | -- | $13,500 |
| 2011 | -- | $13,500 +5.1% |
| 2010 | -- | $12,840 |
| 2009 | -- | $12,840 |
| 2008 | -- | $12,840 +6.1% |
| 2007 | -- | $12,100 -65.1% |
| 2005 | -- | $34,700 |
| 2004 | -- | $34,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 35630
Nearby schools
Schools provided by the listing agent
- Elementary: Florence
- Middle: Florence
- High: Florence
Source: Strategic MLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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