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2,800 sqft

$115,000

251 1ST STREET NE, Lafayette AL, 36862

Price per sqft$41.07
Built in1960
Property size2,800 sqft
Property typeMulti-family

Overview

Active

Listed Mar 25, 2026

Updated 3 days ago

Perfect for investors! Priced to sell and full of potential, this unique property package sits on over 2 acres and includes multiple income-producing units. The single-family home features 3 bedrooms and 1 bathroom. Next door, you’ll find even more investment potential with a duplex offering two units, each with 2 bedrooms and 1 bathroom. At the rear of the property, conveniently located just off the 4-lane road, are two garage apartments — the upper unit features 1 bedroom and 1 bathroom, while the lower unit offers 3 bedrooms and 1 bathroom. In total, this property includes 5 units, 11 bedrooms, and 5 bathrooms, plus additional land between the structures, providing even more value and future development potential. This is an excellent income-producing opportunity with room to grow. Property is being sold as-is.

$765/mo

Est. mortgage payment based on a $115,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Garage
Yes

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