Birmingham AL Multi Family for Sale

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Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
21402039
Subdivision:
METES & BOUNDS

ADDITIONAL INFORMATION

Investment Opportunity: 12-Unit Apartment Complex Near New Star Development & Amphitheater** 12 Units 10 x 2 Bed/1 Bath, 2 x 1 Bed/1 Bath Located just one block away from the exciting new Star Development and the brand-new amphitheater in North Birmingham, this 12-unit apartment complex offers a prime investment opportunity in a rapidly growing area. The property features 10 two-bedroom, one-bath units and 2 one-bedroom, one-bath units, all with upgraded interiors. Recent improvements include new plumbing, electrical systems, water heaters, LVP flooring, and renovated kitchens and bathrooms. Exterior upgrades include a metal roof (replaced around 15 years ago), new exterior stairs, and electrical wiring in place for a mini-split HVAC system.With the vibrant development just steps away, this location is primed for rental growth and long-term value appreciation, making it ideal for investors looking for both immediate rental income and future gains.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1979
Baths:
MLS#:
21399855
Subdivision:
WESTBROOK

ADDITIONAL INFORMATION

Don't miss out!! Under rented Apartment Building in North Birmingham. This area will be sure to appreciate very nicely with the $250mil+ the city is planning to put into the area. Start your investing journey with a property that will be sure to appreciate greatly in rents and value over the next 5-10 years. New Roof, all units have been renovated to market condition. Most units have been brought up to market rents but some are still below. Average rent per unit is $609, compared to the market of $750/per unit. One unit is vacant and the rest are occupied and paying on time. Large parking lot with plenty of space for all tenants who have a vehicle. Gross Rent per month: $9,645 Roof replaced 2023, all units that have new tenants have had a complete remodle. Lots of deferred mainteance taken care of by the current owner.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1973
Baths:
MLS#:
21394728
Subdivision:
NORTH BIRMINGHAM

ADDITIONAL INFORMATION

Looking to add to your rental portfolio or future Airbnb income? This property has many opportunities! Seize the opportunity to own this move-in ready 6-unit building, situated right across from Birmingham's new Live Nation amphitheater, blocks to Uptown and Top Golf, minutes to Downtown, UAB, shopping and restaurants. This 6 unit apartment building features open living and dining space, modern kitchens and two bedrooms with a full bathroom. Each of the six units has been fully renovated, featuring fresh flooring, paint, fixtures, appliances, and new central HVAC systems. The exterior boasts new paint, fixtures, low maintenance metal roof and parking on site. The property is currently managed with rental applications being received. Feel free to call for more details or questions!

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
21391447
Subdivision:
NORWOOD

ADDITIONAL INFORMATION

Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Over the past six months, the property has grossed over $76K, averaging $12K per month, leveraging popular rental platforms such as Airbnb, Booking.com, and HomeAway. Each unit comfortably accommodates at least 4 guests, allowing the entire complex to host up to 32 guests simultaneously, making it an ideal choice for large groups. Recently renovated to meet modern standards, the units are fully furnished and equipped with all essential amenities to ensure a comfortable and enjoyable stay. With its high occupancy rates and proven rental income, this multifamily complex represents a compelling investment with ease of management and significant revenue opportunities.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1969
Baths:
MLS#:
21388377
Subdivision:
FOUNTAIN HEIGHTS

ADDITIONAL INFORMATION

NEWLY RENOVATED 18 UNIT BUILDING - Located in the Fountain Heights Area, less than 3 minutes off I-65. Units offer 2 bedrooms and 1 full bath. Includes eat in kitchen, dining room/living room combo and Washer/Dryer connections. Conveniently located near interstates, Uptown District, shopping areas. 15 of the 18 units have been fully renovated. Three are gutted ready for new finishes. After repair rental rate $800/mo per unit. Property will continue to lease up while listed.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1967
Baths:
MLS#:
21385592
Subdivision:
NORWOOD

ADDITIONAL INFORMATION

Beautifully remodeled 10 unit building with new classic metal roof with synthetic underlayment and classic trim. Within walking distance from the new upcoming amphitheater and very near to Uptown, Top Golf, Protective, Legacy, etc. 4 units complete and the other 6 finishing up soon. All units consist of hardwoods, butcher block counters, new cabinets, tiled tub/showers, interior doors, lighting and plumbing fixtures, paint, new hvac, electrical, plumbing. Double closets in the 1st bedrooms, new vanities, porch/balcony railings, new asphalt parking. W/D hookups in all units.

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Andrea D. Conner, License 000112954-0, Xome Inc., License C000100267, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Listing information is being provided by the Greater Alabama Multiple Listings Service, Inc.. Information deemed reliable but not guaranteed and should be independently verified. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Greater Alabama Multiple Listing Service, Inc. All rights reserved.



Birmingham Real Estate

The median home value in Birmingham, AL is $101,300. This is lower than the county median home value of $204,200. The national median home value is $338,100. The average price of homes sold in Birmingham, AL is $101,300. Approximately 36.47% of Birmingham homes are owned, compared to 43.12% rented, while 20.41% are vacant. Birmingham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Birmingham real estate agent to arrange a tour today!

Birmingham, Alabama 35234 has a population of 202,234. Birmingham 35234 is less family-centric than the surrounding county with 13.49% of the households containing married families with children. The county average for households married with children is 27.03%.

The median household income in Birmingham, Alabama 35234 is $39,403. The median household income for the surrounding county is $58,330 compared to the national median of $69,021. The median age of people living in Birmingham 35234 is 36.2 years.

Birmingham Weather

The average high temperature in July is 90.4 degrees, with an average low temperature in January of 32.3 degrees. The average rainfall is approximately 55.7 inches per year, with 1.3 inches of snow per year.

Birmingham Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    47
    30-day change

Birmingham Schools and Demographics

Education near Birmingham, AL

Metric City County
High School Graduates 87.9 90.96
College Degree - 2 year 8.39 8.27
College Degree - 4 year 28.83 34.66
Graduate Degree 6.82 8.47
Expenditures per Student 13,194 13,194
Students per Teacher 19.3 19.3

Elementary Schools near Birmingham, AL

School Grades Students P/T Ratio ZIP
Avondale Elementary School PK - 05 546 19.5 35222
Bush Hills Academy PK - 08 487 19.1 35208
Central Park Elementary School KG - 05 509 19.6 35208
Epic School PK - 05 469 18.8 35205
Gate City Elementary School KG - 05 463 18.2 35212
Glen Iris Elementary School KG - 05 847 20.2 35205
Hayes K-8 PK - 08 837 19.7 35222
Hemphill Elementary School PK - 05 532 18.3 35211
Hudson K-Eight School PK - 08 740 20.6 35207
Huffman Acad. PK - 05 774 19.4 35215
Lewis Elementary School PK - 05 366 14.6 35234
Martha Gaskins Middle School KG - 05 507 23.1 35215
Oxmoor K-5 KG - 05 517 21.5 35211
Phillips Acad. PK - 08 750 22.1 35203
Robinson Elementary School PK - 05 449 17.3 35206
South Hampton Elementary School PK - 08 583 18.5 35214
Sun Valley Elementary School PK - 05 601 17.2 35215
Tuggle Elementary School PK - 05 528 21.1 35204
Washington Elementary School PK - 08 664 23.3 35205
West End Acad. PK - 05 739 18.9 35211

Middle Schools near Birmingham, AL

School Grades Students P/T Ratio ZIP
Arrington Middle School 06 - 08 370 18.5 35211
Going Elementary School-Magnet KG - 05 339 35235
Hill Elementary School KG - 05 462 16.5 35204
Huffman Middle School 06 - 08 359 25.6 35215
North Birmingham Elementary School KG - 05 267 19.8 35207
North Roebuck Elementary School KG - 05 481 15.5 35215
Norwood Elementary School KG - 05 137 11.9 35234
Robert C Arthur Elementary School KG - 05 429 35215
Smith Middle School 06 - 08 514 25.7 35215
We Putnam Middle School-Magnet 06 - 08 332 20.8 35210
Wenonah Elementary School 06 - 08 347 21.7 35221
Whatley Elementary School KG - 08 454 18.9 35222

High Schools near Birmingham, AL

School Grades Students P/T Ratio ZIP
George Washington Carver High School 09 - 12 791 16.6 35207
Huffman High School-Magnet 09 - 12 1,313 19.8 35215
Jackson-Olin High School 09 - 12 1,052 17.1 35218
Parker High School 09 - 12 830 16 35204
Ramsay High School 09 - 12 856 19.4 35205
Wenonah High School 09 - 12 775 16.1 35221
Woodlawn High School-Magnet 09 - 12 787 18.5 35212
Workshop Incorporate 09 - 12 0 35203

Ungraded Schools near Birmingham, AL

School Grades Students P/T Ratio ZIP
* Family Court High School 09 - 12 12 35204
* Gateway School 09 - 12 0 35212
* Homebound High School 07 - 12 7 35203
* Kennedy Alternative 09 - 12 0 35212
Adolescent Day Treatment KG - 12 3 35203

Demographics near Birmingham, AL 35234

Metric Zip Code City
Neighborhood Type Suburban
Population 202,234 672,550
Population Density 1,385 605
Median Age 36.2 37.9
People per Household 2.3 2.5
Median Household Income 39,403 58,330
Average Income per Capita 26,746 34,860