500 Annapolis Ave Sheffield, AL $ 310,000
500 Annapolis Ave
$ 310,000
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500 Annapolis Ave

Sheffield, AL, 35660
$ 310,000
Baths0.0 Sq 3,079

Monthly Estimate*

$ 1,909

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Studio

Multi-Family Home for sale in Sheffield, AL

for $310,000. This 3,079 square foot home was built in 1920 on a lot size of 0.17.

Cash-flow machine! This 6-unit building is 100% occupied at $3,490 per month. Add that to very low property tax and insurance costs and you are left with a nice cash flowing property. No need to worry about Capital Expenditure as most have been completed within the last 5 years: New roof, windows, vinyl siding, plumbing, appliances, & window units. All units are separately metered with tenants paying their own utilities. 4 of the units rent for $600 per month, one for $575 & 1 unit rents for $515 per month.

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Multi-Family Active

Price

$ 310,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 409

Style

Lot Size

0.17

Year Built

1920

Town/City

Sheffield

County/Region

Colbert

MLS | Web ID

529291

Features
General
Sewer Unknown
Heating Electric
Cooling Window Unit(s)
Utilities Cable Available Water Available
Possession Close Of Escrow
Roof Metal
Patio/Porch Features Front Porch
Pool Features None
Construction Materials Vinyl Siding
Year Built 1920
Tenant Pays All
View City Neighborhood
Property Subtype Apartment Complex
Tax Year 2026
Community Features None
County Colbert
Property Type Multi-Family
Association Amenities None
HOA N
Subdivision Name None
Garage Y/N N
Status Active
Directions Head West on E 2nd St turn right onto Annapolis Ave Apartments on right
High School Sheffield
City Sheffield
Carport Y/N N
Elementary School Sheffield
Tax Annual Amount 409.9
Middle/Junior High School Sheffield
Standard Status Active
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Interior
Basement None
Flooring Laminate Vinyl
Basement (Y/N) N
Fireplace Y/N N
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Exterior
Exterior Amenities None
Fencing None
Parking Features Alley Access On Street
Lot Features Corner Lot
Water Source Public
Foundation Details Crawl Space
Building Area Total 3079.0
Lot Dimensions 50 X 150
Lot Size Acres 0.17
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Marmac Real Estate - The Shoals

Broker

t.adam.wimberly@gmail.com

Email

Affordability Calculator

$1,943
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,909
Monthly Property Taxes
$34
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1224342 Elementary School
1224336 Middle School
Sheffield High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$310,000 Listed Price

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500 Annapolis Ave, Sheffield, AL, 35660 is a Multi-Family Home for sale at $310,000 with 3,079 sqft and a lot size of 0.17. 500 Annapolis Ave is a studio with 0.0 baths and was built in 1920. The property's zip code is 35660 which is in Sheffield, AL