429 N Walnut St, Florence, AL 35630

Florence
Local realty services provided by:ERA Waldrop Real Estate
429 N Walnut St,Florence, AL 35630
$555,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: spillers rogers team, jeannie rogers
Office: coldwell banker pinnacle properties
MLS#:530999
Source:AL_SMLSA

Price summary

  • Price:$555,000

About this home

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.

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Home facts

  • Year built:1922
  • Subdivision & Development:Historic Downtown
  • Listing ID #:530999
  • Added:1 day(s) ago
  • Updated:September 02, 2026 at 12:32 AM

Rooms and interior

  • Flooring:Hardwood

Structure and exterior

  • Roof:Shingle
  • Year built:1922
  • Lot area:0.25 Acres

Schools

  • High school:City/County
  • Middle school:City/County
  • Elementary school:City/County

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$555,000
  • Tax amount:$1,589

Parking

  • Parking description:Alley Access, Off Street

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