Investor opportunity to acquire a 8 door residential rental portfolio consisting of 5 properties, offered together as an investment package. The portfolio includes:
701 Sweetwater Ave, Florence
714 N Jefferson St, Tuscumbia
403 Dover Ave, Sheffield
405 Dover Ave, Sheffield
405 1/2 Dover Ave, Sheffield- 2 Units
1505 26th St, Sheffield - 3 Units
Plus Extra Lot Next to 1505 26th St Sheffield
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.
Financials available upon request. 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.
For sale
$649,900
701 Sweetwater Ave, Florence, AL 35630
--beds
--baths
--sqft
Multi Family
Built in 1935
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day
- 45
- 0
Zillow last checked:
Listing updated:
Listed by:
Melissa Goduti 256-284-0351,
MarMac Real Estate - The Shoals
Source: Strategic MLS Alliance,MLS#: 531092
Facts & features
Interior
Features
- Has basement: No
Property
Features
- On waterfront: Yes
Lot
- Dimensions: 5 Lots
Details
- Parcel number: 000000000000000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Florence
HOA
- Has HOA: No
Location
- Region: Florence
Financial & listing details
- Tax assessed value: $68,280
- Annual tax amount: $696
- Price range: $649.9K - $649.9K
- Date on market: 9/4/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,710/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $649,900 |
Source: Strategic MLS Alliance #531092 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $652 +6.9% | $13,300 +6.9% |
| 2024 | $610 +11.5% | $12,440 +11.5% |
| 2023 | $547 +18.5% | $11,160 +18.5% |
| 2022 | $462 -6.5% | $9,420 -6.5% |
| 2021 | $494 +13.8% | $10,080 +13.8% |
| 2019 | $434 | $8,860 +8% |
| 2018 | $434 +8% | $8,200 |
| 2017 | $402 | $8,200 |
| 2016 | $402 | $8,200 -9.7% |
| 2015 | $402 -9.7% | $9,080 +2.3% |
| 2014 | $445 | $8,880 |
| 2013 | -- | $8,880 |
| 2012 | -- | $8,880 |
| 2011 | -- | $8,880 +4.5% |
| 2010 | -- | $8,500 |
| 2009 | -- | $8,500 |
| 2008 | -- | $8,500 +6% |
| 2007 | -- | $8,020 -71.9% |
| 2005 | -- | $28,500 -2.4% |
| 2004 | -- | $29,200 |
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.



