429 Walnut St, Florence, AL 35630
Property image
Property image
FOR SALE
0.25 ACRES

$555,000

  • Studio

429 Walnut St, Florence, AL 35630

Est. Mortgage $3,143/mo*
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We estimate this home will sell faster than 82% nearby.

Home Highlights

Multi-Family
Built in 1922
0.25 acre lot

Local Information

  • Map ViewExplore the area around 429 Walnut St.
  • Schools4 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 11 hours ago
Listing courtesy of Spillers Rogers Team, (256) 762-5999
Coldwell Banker Pinnacle Properties
Jeannie Rogers, (256) 366-0580
Coldwell Banker Pinnacle Properties
Source: Strategic MLS Alliance, MLS#530999
Also Listed on Strategic MLS Alliance.
We estimate this home will sell faster than 82% nearby.

Home Details for 429 Walnut St

Interior Features

Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: Shingle
Parking & Garage
Parking: Alley Access,Off Street
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 3

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 2401113003024000

Price & Status

Price
List Price: $555,000

Active Status

MLS Status: Active

Location

Direction & Address
City: FlorenceCommunity: Historic Downtown
School Information
Elementary School: City/CountyJr High / Middle School: City/CountyHigh School: City/County

Agent Information

Listing Agent
Listing ID: 530999

Community

Community Features: Sidewalks, Street Lights

HOA

No HOA

Lot Information

Lot Area: 10890 sqft

Miscellaneous

Mls Number: 530999Showing AttendedShowing Requirements: Appointment Only, Call Listing Agent, List Agent Must Accompany, Occupied

Additional Information

SidewalksStreet Lights

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Florence

At least 227 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 81 % Say yards are well-kept

  • 77 % Say parking is easy

  • 70 % Say it's dog friendly

  • 67 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 61 % Say kids play outside

  • 60 % Say people would walk alone at night

  • 56 % Say neighbors are friendly

  • 56 % Say there's wildlife

  • 47 % Say they plan to stay for at least 5 years

  • 36 % Say streets are well-lit

  • 27 % Say it's walkable to restaurants

  • 27 % Say it's walkable to grocery stores

  • 27 % Say there are sidewalks

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Christen Michele
    "This is the neighborhood I grew up in and I have always felt safe here. I’m able to walk my dog and feel secure about my environment when doing so. "
    2
    Flag
  • Ashley Claytor
    "Nice easy commute to work and schools. Downtown and The University of North Alabama is only 5-6 miles away. "
    0
    Flag
  • Sarah Ashton
    "I can’t say I’m not a parent I do own pets though and for the most part Florence is pet friendly don’t recommend for families more then 2 people though "
    1
    Flag
  • Trulia User
    "It's very easy close to public schools and private schools . Close to shopping area and most groceries stores so overall awesome "
    0
    Flag
  • Trulia User
    "Awesome I really love this neighborhood and the area .People are really neighborly and friendly in the area"
    1
    Flag
  • Trulia User
    "nothing really spectacular. There are lots of parks in the area. even more fast food. the tornado sirens work. people are ok."
    0
    Flag
  • Karen
    "Moved from a large state and big city to live in a family oriented down to earth southern town....Florence. I love living here. Houses are reasonably priced, property taxes are better than most cities, schools are good, less traffic, lots of history, beautiful scenery and parks. Florence doesn't offer everything the big cities do. But one can make a day or weekend get away to places like Huntsville, Birmingham, Nashville and many other heavily populated areas. I find living here a lot more relaxing and less stressful. "
    8
    Flag
  • Trulia User
    "Working from home since COVID. So I don’t commute to work, but shopping is a short drive away, along with many options for schools. "
    0
    Flag
  • Cheri G.
    "We don’t really have community events but we’re close to Florence High School and several churches in walking distance. "
    0
    Flag
  • Brianna G.
    "There are many potentially dangerous lose dogs. Generally friendly community, if a dog was lost and found the owner is almost always called. "
    0
    Flag
  • Krystalin_hamer
    "great city to live in! only reason we are leaving is to start a homestead outside of city limits! always feel safe and have a good relationship with our neighbors "
    0
    Flag
  • Umelty
    "Mostly city driving in Florence. After crossing the river it gets slower paced and more town like. "
    0
    Flag
  • Emma
    "They would like the cute neighborhoods and wouldn’t like the busy main streets and Alabama summer heat"
    0
    Flag
  • Trulia User
    "Yes, it is a great neighborhood for families and their pets. Pets can be walked and kids can play. Neighbors are friendly. Yet, people do not bother you. The area is quiet and peaceful. "
    1
    Flag
  • Brookannlane98
    "my neighborhood is trashed out and no one cares to help keep it cleaned up. .................... in my honest opinion, this is a terrible area ."
    0
    Flag
  • Bree S.
    "There are not any sidewalks or parks.................................................................."
    29
    Flag
  • Erin R.
    "great. love it. quiet! everyone's friendly. schools are great. safe. I ddijt really know what else to day"
    0
    Flag
  • Susan R.
    "Florence is a great place to raise a family. It is community oriented and there are plenty of ways to get involved and meet new people. Schools are top notch as well. "
    0
    Flag
  • R S
    "It is full of obnoxious college students and people. People throw trash on the ground and speed constantly. "
    3
    Flag
  • Leahbb6591
    "There really aren’t too many community events in Florence unless you are already into some groups. The downtown area throws some events but not too many. "
    11
    Flag
  • Jonathan r. p.
    "I have lived in Florence for over 10 years and I love it. Great place to raise a family. Multiple public parks and great schools. "
    0
    Flag
  • Vicky T. P.
    "It takes me approximately 5-7 minutes to get to work. I drive my personal car. There is little access to public transportation in this area. "
    0
    Flag
  • Taylor B.
    "W.C. handy music festival and the music culture. Living so close to the river is like no other. So beautiful. "
    0
    Flag
  • normru
    "Very centrally located. I walk ti U.N.A Close to everything .Convenient. It's clean & I walk & don't have a car."
    0
    Flag
  • Michelle H.
    "This historic district is wonderful! Everyone is so friendly, and all of the homes are well-kept and beautiful."
    0
    Flag
  • Gill T.
    "This home is located in a secluded area of the county that is private and quite. Shopping is mostly done in the Shoals area. Food, pharmacy and hardware, etc. are only 7 miles away."
    0
    Flag
  • emily
    "This neighborhood is amazing! I love it. this is a great neighborhood for children.. this is also good for pets and runners. there are a lot of kids in this neighborhood. There is also a neighborhood pool and park. this neighborhood is older so some of the houses won't be updated that are for sale. most of the houses seem to be updated well! The back yards are big. But the thing I love most about this neighborhood ids that there are kids everywhere. I come from a small town but this school system is great i like it a lot. This neighborhood has charm.. there are tons of trees and plant life. If I could use one word for this neighborhood it would be amazing."
    0
    Flag

Market trends in Florence

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$213K
$9.25KMoM
Sale-to-List Price
98.6%
0.8%MoM
Price per sq ft
$130
$1MoM
Available listings
307
13MoM

Home Value

Trulia Estimate
$519K
Since last month
Increased$210K (+68.2%)
Since last year
Increased$240K (+86.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +126% in the last 10 years
MonthEstimated value
2026
September 2026$519K
August 2026$327K
July 2026$309K
June 2026$303K
May 2026$299K
April 2026$320K
March 2026$307K
February 2026$300K
January 2026$296K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
434 Chestnut St, Florence, AL
0.29
Multi-Family Home
$200,000
11/12/25
-
2,025
724 Kendrick St, Florence, AL
0.46
Multi-Family Home
$250,000
02/13/26
-
-
427 N Court St, Florence, AL
0.27
Multi-Family Home
$1,100,000
03/06/26
-
-
1002 Royal Ave, Florence, AL
0.65
Multi-Family Home
$125,000
09/30/25
-
-
1204 Graham Ave, Florence, AL
1.17
Multi-Family Home
$187,500
02/13/26
-
-
1101-1103 Graham Ave, Florence, AL
1.14
Multi-Family Home
$130,000
09/09/25
-
2,103
105-106-107 Ten Wildwood, Florence, AL
1.64
Multi-Family Home
$261,333
09/09/25
-
-
109 Wildwood Trl #109, Florence, AL
2.20
Multi-Family Home
$130,666
09/09/25
-
-
807 & 811 N Nashville Ave, Sheffield, AL
2.99
Multi-Family Home
$581,400
02/27/26
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
419 Walnut St, Florence, AL 35630
0.03
$1,075,100
5
4.5
5,035
Off Market
433 Walnut St, Florence, AL 35630
0.01
$576,100
5
3
3,372
Off Market
423 N Wood Ave, Florence, AL 35630
0.08
$670,800
3
2.5
3,400
Off Market
439 Walnut St, Florence, AL 35630
0.03
$638,300
3
2.5
3,204
Off Market
401 N Walnut St, Florence, AL 35630
0.07
$430,300
4
3
3,390
Off Market
443 N Wood Ave, Florence, AL 35630
0.09
$860,400
4
4.5
5,335
Off Market
430 N Walnut St, Florence, AL 35630
0.03
$413,000
5
2
2,844
Off Market
444 N Wood Ave, Florence, AL 35630
0.07
$579,400
5
3
3,957
Off Market
414 N Walnut St, Florence, AL 35630
0.05
$667,200
5
5
4,000
Off Market
445 N Wood Ave, Florence, AL 35630
0.10
$579,600
4
3.5
3,213
Off Market
460 N Wood Ave, Florence, AL 35630
0.09
$545,500
4
2.5
3,815
Off Market

Price and Tax history

DateEventPrice
Sep 1, 2026
Source: Strategic MLS Alliance #530999
Listed For Sale
$555,000

LGBTQ Local Legal Protections

Spillers Rogers Team, Coldwell Banker Pinnacle Properties
Agent Phone: (256) 762-5999
IDX information is provided exclusively for 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 not guaranteed.

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Frequently asked questions about 429 Walnut St

  • What is the estimated monthly payment for 429 Walnut St?
    Based on a $555,000 list price with 20% down at today's rates, the estimated monthly payment for 429 Walnut St in Florence, AL is approximately $3,206 (about $2,937 principal & interest, $194 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 429 Walnut St compare to homes in Florence?
    429 Walnut St in Florence, AL is listed at $555,000, about 161% above the $213K median sale price in Florence.
  • What do residents say about Florence?
    Residents describe Florence, AL as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Florence, AL.
  • What are the closest schools to 429 Walnut St?
    The closest schools to 429 Walnut St in Florence, AL are Florence Freshman Center (Middle/High, rated 10/10), Florence High School (rated 10/10), Florence Middle School (rated 6/10).
  • Does 429 Walnut St have parking?
    Yes, 429 Walnut St in Florence, AL has on-site parking.
429 Walnut St, Florence, AL 35630 is a studio multi-family built in 1922. This property is currently available for sale and was listed by Strategic MLS Alliance on Sep 1, 2026. The MLS # for this home is MLS# 530999.