Listing Courtesy of MarMac Real Estate - The Shoals, Melissa Goduti , shoalshomeandland@gmail.com

3001 E 19th Ave, Sheffield, Alabama, 35660

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.

Active

$1,899,990

Multi-family

3.67 Acre

MLS

529156

Built in 1950

Sheffield

19012.77 (2025)

Disclaimer: The information contained in this listing has not been verified by MarMac Real Estate - The Shoals and should be verified by the buyer.

Information provided by SMLSA

REQUEST MORE INFO

We will never spam you!

I agree to be contacted by the office for real estate purposes via call, email and/or text. Message frequency varies. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Reply HELP for help. View Terms of Service and Privacy Policy. If you'd like to unsubscribe click here.

ADDRESS & DIRECTIONS

  • Street Address: 3001 E 19th Ave
  • City: Sheffield
  • State: Alabama
  • County: Colbert
  • Subdivision: Sheffield
  • Directions:
    From N. Montgomery Ave., turn onto E. 19th Ave. Property will be located at the corner of E. 19th Ave. and Annapolis Ave.

PROPERTY FEATURES

General Information

  • Zoning : M1

Rooms Information

  • Total Units : 50

Utility Information

  • Sewer : Public Sewer

SCHOOLS NEAR 3001 E 19th Ave

  • Courtesy of MarMac Real Estate - The Shoals, Melissa Goduti
  • Property last updated on SMLSA : 5/30/2026 3:32:51 AM