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15 E 1st Street, 
Luverne, AL 36049

$248,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Cliff Glansen

Flatfee.Com

954-965-3990

Last updated:

December 30, 2025, 03:18 PM

MLS#

581539

Source:

AL MLSM

About This Home

15 E 1st Street

Live almost FREE here or EZ reno and make money! Upstairs 3/2 with lower 2/2 already set up to rent and offset your mortgage; Reno lower level into 2 units for a possible 3-unit set-up! Investor info: about 9% cap as-is, with value-add near 12%! This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

Home Facts

Multi-Family

Built in 1936

Price Summary

248,000

MLS #:

581539

Last Updated:

December 30, 2025, 03:18 PM

Added:

1 month(s) ago

Structure

Structure

Architectural Style:

One Story

Year Built:

1936

Finances & Disclosures

Finances

Price:

$248,000

Source:AL MLSM
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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.