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Local Realty Service Provided By: Coldwell Banker Pinnacle Properties

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429 N Walnut St, 
Florence, AL 35630

$555,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Spillers Rogers Team

, 

Jeannie Rogers

Coldwell Banker Pinnacle Properties

OFC-256-766-0069

Last updated:

September 2, 2026, 12:32 AM

MLS#

530999

Source:

AL SMLSA

About This Home

429 N Walnut St

FIVE separate apartments in this charming rental property located in the heart of Florence’s prestigious Historic District. Walnut Street is one of Florence’s most desirable streets, and this home blends seamlessly with the surrounding historic area. Five fully rented 1bed/1bath apts attract long term tenants and include beautiful architectural elements, high ceilings, hardwoods, porches, laundry hookups and varying unit sizes. Rents range from $530 - $1125. HVAC units are 2022 or newer, 10-year-old roof, new exterior paint and 5 off-street parking spots. Easy walking distance to downtown shops, restaurants, Wilson Park, the University of North Alabama and it's new football stadium. This exceptional investment offers strong rental income with value-add potential. Short-term rental use possible. Start your investment on day one to add or begin your real estate portfolio. Properties like this are rarely available - perfect for those who value character, convenience and charm.

Home Facts

Multi-Family

Built in 1922

Subdivision & Development:

Historic Downtown

Price Summary

555,000

MLS #:

530999

Last Updated:

September 2, 2026, 12:32 AM

Added:

6 day(s) ago

Structure

Structure

Year Built:

1922

Lot

Lot Size (Sq. Ft):

10,890

Finances & Disclosures

Finances

Price:

$555,000

Source:AL SMLSA
The information being provided by Strategic MLS Alliance is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Strategic MLS Alliance All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.