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251 1st Street Ne, 
Lafayette, AL 36862

$180,000


Bed


Bath


2,800

Sq Ft


Multi-Family

Active

Listed by

Jessica Stroud

The Talons Group

334-758-6220

Last updated:

August 1, 2025, 02:11 PM

MLS#

175349

Source:

AL LCAR

About This Home

251 1st Street Ne

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.

Home Facts

Multi-Family

Built in 1960

Price Summary

180,000

$64 per Sq. Ft.

MLS #:

175349

Last Updated:

August 1, 2025, 02:11 PM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

2,800 Sq. Ft.


Structure

Structure

Year Built:

1960


Lot

Lot Size (Sq. Ft):

89,733


Finances & Disclosures

Finances

Price:

$180,000

Price per Sq. Ft:

$64 per Sq. Ft.

Source:AL LCAR
The information being provided by Lee County Association of Realtors 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. © 2025 Lee County Association of Realtors All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.