Login

107 Bailey Street, Rainbow City, AL 35906

Rainbow City
Local realty services provided by:CENTURY 21 J And L Realty
107 Bailey Street,Rainbow City, AL 35906
$2,105,000
  • - Beds
  • - Baths
  • 28,000 sq. ft.
  • Multi-family
  • Active
Listed by: shasta quick
Office: era king real estate
MLS#:21923737
Source:AL_NALMLS

Price summary

  • Price:$2,105,000
  • Price per sq. ft.:$75.18

About this home

Instant Income-Producing Investment Opportunity! Seize this exceptional opportunity to own a 38-unit apartment complex providing historical occupancy and rental income from day one. This well-maintained property features a desirable unit mix of 31 two-bedroom units with 1½ bath and 7 one-bedroom units with 1 bath appealing to a broad range of tenants. Located in Rainbow City, an economical and residential bright spot within the Gadsden and Etowah County area just minutes from shopping, schools and major interstate access. This apartment complex presents an outstanding opportunity with long-term growth potential.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1976
  • Listing ID #:21923737
  • Added:15 day(s) ago
  • Updated:July 29, 2026 at 03:30 PM

Rooms and interior

  • Kitchen Description:Oven, Refrigerator
  • Living area:28,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Heat
  • Central air:Yes

Structure and exterior

  • Year built:1976
  • Building area:28,000 sq. ft.
  • Construction Materials:Frame
  • Exterior Features:Curb/Gutters, Patio, Privacy Fence

Schools

  • High school:Southside High School
  • Middle school:Rainbow
  • Elementary school:John S Jones Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,105,000
  • Price per sq. ft.:$75.18

Features and amenities

  • Appliances:Oven, Refrigerator
  • Laundry features:Washer Dryer Hookup

Parking

  • Total parking spaces:42
  • Parking description:Parking Lot, Private
MLS Logo

New listings near 107 Bailey Street