3001 E 19th Ave, Sheffield, AL 35660

Local realty services provided by:CENTURY 21 Clement Realty, Inc.
3001 E 19th Ave,Sheffield, AL 35660
$1,899,990
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: melissa goduti
Office: marmac real estate - the shoals
MLS#:529156
Source:AL_SMLSA

Price summary

  • Price:$1,899,990

About this home

Exceptional value-add investment opportunity featuring a 50-unit apartment complex across 7 buildings occupying an entire city block with road frontage on four sides. Prime location next to the elementary and middle schools and just steps from the community pool and tennis courts, making this an attractive future rental location for tenants. Investor special with tremendous upside potential. Current owner vacated all units in preparation for a large-scale renovation project; however, unexpected circumstances have created an opportunity for a new investor to step in and complete the vision. Property is priced for a quick sale. With multiple new companies and continued growth coming to the area, this property offers strong potential for future cash flow, appreciation, and high cap rates once renovations are completed. Contact listing agent for proforma details, scope of work, and previous rental income information prior to vacancy. Property sold as-is. Buyer to verify all information.

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Home facts

  • Year built:1950
  • Listing ID #:529156
  • Added:1 day(s) ago
  • Updated:May 28, 2026 at 08:13 PM

Structure and exterior

  • Year built:1950
  • Lot area:3.67 Acres

Schools

  • High school:Sheffield
  • Middle school:Sheffield
  • Elementary school:Sheffield

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,899,990
  • Tax amount:$19,012 (2025)