Investment! Investment! Investment! Come check out this 8 plex in historic Lafayette, AL. Each unit contains 2 bedrooms, 1 bath, walk in closet, open living room dining room open concept and kitchen. There are some updates to each apartment ie flooring, painting. Some have new appliances. Nestled for country living but less than 35 min from Opelika/Auburn. It has some long term tenants. Call today for a private showing. This property is being sold "as-is".
For sale
$350,000
520 Drake Ave, Lafayette, AL 36862
16beds
8baths
6,660sqft
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
- 13 days
- 161
- 12
Zillow last checked:
Listing updated:
Listed by:
ANGELIA THOMAS,
AT HOME PROFESSIONAL REAL ESTATE SERVICES LLC 706-586-1135
Source: LCMLS,MLS#: 182115Originating MLS: Lee County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Heating
- Electric
Cooling
- Central Air, Electric
Interior area
- Total interior livable area: 6,660 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.71 Acres
- Features: 1-3 Acres
Details
- Parcel number: 1206232001002002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1978
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Connected
Community & HOA
Community
- Subdivision: NONE
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $53/sqft
- Annual tax amount: $3,315
- Date on market: 8/28/2026
- Tenant pays: Cable TV, Electricity, Sewer, Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $350,000$53/sqft |
Source: LCMLS #182115 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 36862
Nearby schools
Schools provided by the listing agent
- Elementary: EAST SIDE ELEMENTARY
- Middle: EAST SIDE ELEMENTARY
Source: LCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
