Courtesy of Coldwell Banker Pinnacle Properties, Spillers Rogers Team , spillers.lizzie@gmail.com

429 N Walnut St, Florence, Alabama, 35630

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.

Active

$555,000

Other

0.25 Acre

MLS

530999

Built in 1922

Historic Downtown

1589 ()

Disclaimer: The information contained in this listing has not been verified by Coldwell Banker Pinnacle Properties and should be verified by the buyer.

Information provided by SMLSA

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ADDRESS & DIRECTIONS

  • Street Address: 429 N Walnut St
  • City: Florence
  • State: Alabama
  • County: Lauderdale
  • Subdivision: Historic Downtown
  • Directions:
    Highway 72 to Tennessee Street. to north on Walnut. Sign in yard

PROPERTY FEATURES

General Information

  • Zoning : 00 Residential

Rooms Information

  • Unit Features : Dishwasher,Microwave,Range/Oven,Refrigerator,Washer/Dryer,Washer/Dryer Hook Up

Interior Features

  • Flooring : Hardwood

Parking Features

  • Parking Features : Alley Access,Off Street

Utility Information

  • Sewer : Public Sewer
  • Water Source : Public (WaterSource)

Community Features

  • Community Features : Sidewalks,Street Lights

SCHOOLS NEAR 429 N Walnut St

  • Courtesy of Coldwell Banker Pinnacle Properties, Spillers Rogers Team
  • Property last updated on SMLSA : 9/1/2026 11:40:33 PM