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251 1st Street Ne, 
Lafayette, AL 36862

$145,000

—

Bed

—

Bath

2,800

Sq Ft

Multi-Family

Active

Listed by

Jessica Stroud

First Realty Sales

334-887-3425

Last updated:

December 19, 2025, 03:13 PM

MLS#

176494

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

145,000

$51 per Sq. Ft.

MLS #:

176494

Last Updated:

December 19, 2025, 03:13 PM

Added:

3 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:

$145,000

Price per Sq. Ft:

$51 per Sq. Ft.

Source:AL LCAR
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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.