107 Bailey Street Rainbow City, AL 35906
Listing Courtesy of: MLS LogoValleyMLS.com / Listed By: Shasta Quick, ERA King Real Estate

  107 Bailey Street Rainbow City, AL 35906

Active (22 Days)
$2,105,000 (USD)
28,000
SQFT
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Description

Instant Income-Producing Investment Opportunity! Seize this exceptional opportunity to own a 38-unit apartment complex providing historical occupancy and rental income from day one. This well-maintained property features a desirable unit mix of 31 two-bedroom units with 1½ bath and 7 one-bedroom units with 1 bath appealing to a broad range of tenants. Located in Rainbow City, an economical and residential bright spot within the Gadsden and Etowah County area just minutes from shopping, schools and major interstate access. This apartment complex presents an outstanding opportunity with long-term growth potential.

MLS #:
21923737
Lot Size
1.83 acres
Type
Multifamily
Year Built
1976
County
Etowah County
Community
J. Lowery Rogers

Listed By

Shasta Quick, ERA King Real Estate
Source
ValleyMLS.com
Last checked Aug 6 2026 at 2:53 AM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Oven
  • W/D Hookup
Subdivision
  • J. Lowery Rogers
Heating and Cooling
  • Central
  • Central Air
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: John S Jones Elementary
  • Middle School: Rainbow
  • High School: Southside High School
Parking
  • Private
  • Lighted
  • Parking Lot
  • Total: 42
Location
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