Investors, don’t miss this fantastic multi-family investment opportunity! Priced to sell and full of potential, this property package includes a single-family home, a duplex, and two garage apartments on adjoining lots. The home at 251 1st St NE offers 3 bedrooms and 1 bathroom. Next door, the duplex at 253 1st St NE features two units, each with 2 bedrooms and 1 bathroom. At the back of the property, 224 N LaFayette St includes two garage apartments: the upper unit has 1 bedroom and 1 bathroom, while the lower unit offers 3 bedrooms and 1 bathroom. The lot also includes land between the garage apartments and the home/duplex, providing additional value and future potential. That’s a total of 5 units, 11 bedrooms, and 5 bathrooms—an excellent income-producing opportunity. Property is sold as is.
For sale
Price cut: $15K (7/14)
$180,000
251 1st St NE, Lafayette, AL 36862
11beds
5baths
2,800sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$64/sqft
$-- HOA
What's special
- 59 days
- on Zillow |
- 772 |
- 51 |
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 01:07pm
Listed by:
JESSICA STROUD,
THE TALONS GROUP 334-758-6220
Source: LCMLS,MLS#: 175349Originating MLS: Lee County Association of REALTORS
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Heating
- None
Cooling
- Other, See Remarks
Interior area
- Total interior livable area: 2,800 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 2.06 Acres
- Features: 1-3 Acres
Details
- Parcel number: 121201123001047
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Block, Clapboard
Condition
- Year built: 1960
Utilities & green energy
- Utilities for property: Sewer Connected, Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $64/sqft
- Date on market: 6/11/2025
- Tenant pays: Other, See Remarks
- Loading
- Loading