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429 Walnut St

Florence, AL 35630
  • $555,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 530999
$555,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Information

Elementary School:
Middle School:
High School:

Description

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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Ā© 2026 Shoals Area Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate. Data last updated: 2026-09-11T23:32:27.463.
www.marmac.us/homes/180762376
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429 Walnut St Florence, AL 35630

  • Price: $555,000
  • Status: Active
  • On Site: 10 Days
  • MLS #: 530999
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1922
Built
Neighborhood:
Historic Downtown
County:
Lauderdale
Area:
Lauderdale County
Elementary School:
City/County
Middle School:
City/County
High School:
City/County
Property Description
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.
Exterior Features

Lot Size Dimensions 65X176 Multiple Levels YN Yes Parking Features Alley AccessOff Street Road Frontage Type City Street Roof Shingle Waterfront YN No

Interior Features

Basement YN No Flooring Hardwood

Property Features

Association YN No Built Before1978 Yes Buyer Check WOr Bd Of Edu 1 City Limits YN Yes Community Features SidewalksStreet Lights Community Name Florence Property Sub Type Multiple Dwellings Sale Or Rent S Sewer Public Sewer Tax Annual Amount 1589 Unit Features DishwasherMicrowaveRange/OvenRefrigeratorWasher/DryerWasher/Dryer Hook Up Water Source Public

Listing information Ā© 2026 Shoals Area Association of Realtors MLS.
Listing provided by Spillers Rogers Team of Coldwell Banker Pinnacle Properties: 256-766-0069.


Ā© 2026 Shoals Area Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate. Data last updated: 2026-09-11T23:32:27.463.
 
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