251 1st St NE Lafayette, AL 36862
Property details
About 251 1st St NE
Investors, don’t miss this fantastic multi-family investment opportunity! Priced to sell and full of potential, this property package includes a single-family home, a duplex, and two garage apartments on adjoining lots. The home at 251 1st St NE offers 3 bedrooms and 1 bathroom. Next door, the duplex at 253 1st St NE features two units, each with 2 bedrooms and 1 bathroom. At the back of the property, 224 N LaFayette St includes two garage apartments: the upper unit has 1 bedroom and 1 bathroom, while the lower unit offers 3 bedrooms and 1 bathroom. The lot also includes land between the garage apartments and the home/duplex, providing additional value and future potential. That’s a total of 5 units, 11 bedrooms, and 5 bathrooms—an excellent income-producing opportunity. Property is sold as is.
Highlights
Summary
- Parking: Garage
- Heating: None
- Cooling: Other
- List Price: $195,000
- Price/SqFt: $69
- Directions: Take U.S. Highway 431 North toward LaFayette and continue for approximately 14 miles. Turn left onto AL-50 West (also known as 9th Avenue SW or Veterans Memorial Parkway) and follow it for about 8.1 miles. Then, turn right onto 1st Street NE and continue for approximately 0.2 miles. The property at 251 1st Street NE will be on your left.
- Year Built: 1960
- Stories: 1
- Living Area: 2,800 SqFt
- Lot Size: 2.06 Acres
- MLS Number: 175349
- MLS Name: LeeCountyAL
- Office Name: THE TALONS GROUP
- Office Phone: (334) 758-6220
- Office Email: stacie@thetalonsgroup.com
- Listing Agent: JESSICA STROUD
Listing information provided in part by the Lee County Association of REALTORS® for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Lee County Association of REALTORS® 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 6:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$195,000
251 1st St NE
$2,316
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Lafayette Eastside Elementary School
Public District PK-5
0.5 mi
•300 Avenue A SE
6
Huguley Elementary School
Public District PK-5
11.1 mi
•3011 S Phillips Rd
5
W O Lance Elementary School
Public District PK-6
12.1 mi
•200 S 8th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,671. The majority of Lafayette, AL residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Monster Trucks
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 251 1st St NE
The listing price of 251 1st St NE property is $195,000.
The property 251 1st St NE is a multi located in Lafayette, Alabama, 36862.
Active Listing: 251 1st St NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 251 1st St NE are: Lafayette Eastside Elementary School (GreatSchools Rating 2/10), Huguley Elementary School (GreatSchools Rating 6/10), W O Lance Elementary School (GreatSchools Rating 5/10), John P Powell Middle School (GreatSchools Rating 2/10), Lanett Junior High School (GreatSchools Rating 1/10), W F Burns Middle School (GreatSchools Rating 3/10), Lafayette High School (GreatSchools Rating 2/10), Lanett Senior High School (GreatSchools Rating 2/10), Valley High School (GreatSchools Rating 2/10).
The property 251 1st St NE is 2,800 SqFt (source: MLS/tax record).
The year of construction for 251 1st St NE is 1960.
This home is located at 251 1st St NE in Lafayette, AL and zip code 36862. This 2,800 square foot home, which was built in 1960, sits on a 2.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $195,000.