Home›Alabama›Lauderdale County›Florence›429 N Walnut St

429 N Walnut St, Florence, AL 35630

$555,000 Active
429 N Walnut St, Florence, AL 35630 — photo 1429 N Walnut St, Florence, AL 35630 — photo 2429 N Walnut St, Florence, AL 35630 — photo 3429 N Walnut St, Florence, AL 35630 — photo 4429 N Walnut St, Florence, AL 35630 — photo 5429 N Walnut St, Florence, AL 35630 — photo 6429 N Walnut St, Florence, AL 35630 — photo 7429 N Walnut St, Florence, AL 35630 — photo 8429 N Walnut St, Florence, AL 35630 — photo 9429 N Walnut St, Florence, AL 35630 — photo 10429 N Walnut St, Florence, AL 35630 — photo 11429 N Walnut St, Florence, AL 35630 — photo 12
Acres
0.25
Year built
1922
Property type
Multiple Dwellings
Community
Florence
Days on market
1
MLS #
530999

About this property

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.

Courtesy of Coldwell Banker Pinnacle Properties

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Listing data as of 2026-09-16.