7

South Eastlake Multifamily Homes & Duplexes for Sale

Section Image
  • 7735 Rugby Ave, Birmingham, AL 35206
    7735 Rugby Ave, Birmingham, AL 35206
    7735 Rugby Ave, Birmingham, AL 35206
    /6

    $624,900

    • 20 Beds
    • 10 Baths
    • 6,500 Sq Ft

    7735 Rugby Ave, Birmingham, AL 35206

    Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600–$625/month, ensuring steady cash flow from day one. With upside potential in

    Brandy Herschbach RealtySouth-Homewood

    7735 Rugby Ave, Birmingham, AL 35206
  • 7737 5th Ave S, Birmingham, AL 35206
    7737 5th Ave S, Birmingham, AL 35206
    7737 5th Ave S, Birmingham, AL 35206
    /9

    $299,900

    • 8 Beds
    • 4 Baths
    • 2,880 Sq Ft

    7737 5th Ave S, Birmingham, AL 35206

    Nice Quad in Rugby Gardens with one vacant Unit.

    Hannah McCandless EXIT Realty Birmingham

    7737 5th Ave S, Birmingham, AL 35206
  • 7701 7th Ave S, Birmingham, AL 35206
    7701 7th Ave S, Birmingham, AL 35206
    7701 7th Ave S, Birmingham, AL 35206
    /19

    $399,900

    • 12 Beds
    • 6 Baths
    • 4,500 Sq Ft

    7701 7th Ave S, Birmingham, AL 35206

    6 unit apartment building. All units have washer/dryer connections, stoves and refrigerators. Granite counter tops and central heat and air. Tenants pay all utilities; each unit has it's own electric and water meters. Existing tenant leases to remain in force upon sale. Legal address of property is 7701 7th Ave S. Street address of stairwell on right is 7701 7th Ave S, units A, B, C & D.

    Sandy Nguyen (Binh) Goal Realty LLC

    7701 7th Ave S, Birmingham, AL 35206
  • 7728 Rugby Ave, Birmingham, AL 35206
    7728 Rugby Ave, Birmingham, AL 35206
    7728 Rugby Ave, Birmingham, AL 35206
    /10

    $330,000

    • 8 Beds
    • 4 Baths
    • 2,800 Sq Ft

    7728 Rugby Ave, Birmingham, AL 35206

    Fully Renovated Quadplex – Turnkey Investment Opportunity! Welcome to 7728 Rugby Ave – NEW ROOF and ready to cash flow for you. Three of the four units are currently rented, ($850 for two and $875 including one reliable Section 8 tenant, ensuring immediate cash flow. The fourth unit, located on the ground floor, is vacant and ready to be leased quickly in today's strong rental market. Each unit

    Heidi Calamusa Keller Williams Realty Vestavia

    7728 Rugby Ave, Birmingham, AL 35206
  • 508 Vanderbilt St, Birmingham, AL 35206
    508 Vanderbilt St, Birmingham, AL 35206
    508 Vanderbilt St, Birmingham, AL 35206
    /27

    $359,000

    • 8 Beds
    • 4 Baths

    508 Vanderbilt St, Birmingham, AL 35206

    Investment Opportunity in Eastlake! Located just off Oporto Madrid Blvd., this Quadplex offers a new or seasoned investor the opportunity to expand your portfolio! All four units have been recently updated and includes a refrigerator and stove. Each unit has 2 bedrooms & 1 full bath, with vinyl plank floors in living room and both bedrooms. Each occupied unit currently averages $850/month. Great

    Luciana Guin Keller Williams Realty Vestavia

    508 Vanderbilt St, Birmingham, AL 35206
  • 7741 5th Ave S, Birmingham, AL 35206
    7741 5th Ave S, Birmingham, AL 35206
    7741 5th Ave S, Birmingham, AL 35206
    /25

    $300,000

    • 8 Beds
    • 4 Baths
    • 3,200 Sq Ft

    7741 5th Ave S, Birmingham, AL 35206

    This 4-unit property is a fantastic opportunity for investors looking for value and upside potential! Each unit features 2 bedrooms and 1 bathroom, with 800 square feet of living space. Bringing in $1,500 gross income while leaving room for growth. The property has great bones and is ready for a thoughtful update to attract higher rents. This is a great chance to invest in a growing neighborhood

    Neal Thomas Minnie Lee Realty

    7741 5th Ave S, Birmingham, AL 35206
  • 8229 2nd Ave S, Birmingham, AL 35206
    8229 2nd Ave S, Birmingham, AL 35206
    8229 2nd Ave S, Birmingham, AL 35206
    /19

    $265,000

    • 6 Beds
    • 3 Baths
    • 3,524 Sq Ft

    8229 2nd Ave S, Birmingham, AL 35206

    Spacious Duplex in East Lake, Birmingham: An Exceptional Investment Opportunity, perfect for investors or homeowners seeking rental income. Key Features: Both units have been meticulously maintained, with the main line recently scoped and a new roof installed just two years ago. Ample Parking and Outdoor Space: Enjoy off-street parking and fully fenced backyards with convenient alley access,

    Lindsey Humphries Epique Inc

    8229 2nd Ave S, Birmingham, AL 35206
Alabama Jefferson County Birmingham South Eastlake

Multi-Family Homes & Duplexes for Sale in South Eastlake, Birmingham

Why Live in South Eastlake
South Eastlake, a neighborhood in northeastern Birmingham, is undergoing a transformation as it embraces its historic roots. Known for its quiet atmosphere and minimal through traffic, the area is flanked by mountains to the east. The neighborhood features mature trees and sidewalks that weave through gridded streets near Interstate 59, with older cottages, bungalows, and ranch-style homes dating from the 1920s to the 1970s. Efforts are underway to revitalize the community, with vacant properties being repaired and new homebuyers moving in. Public transportation connects residents to nearby amenities, including Trussville and downtown Birmingham, which is less than 10 miles away. East Lake Park, a large municipal park with a stunning lake, serves as a community hub for events and activism. Ruffner Mountain offers outdoor recreation with trails and scenic views. Dining options in South Eastlake include takeout spots like Lady Vee’s and Wings Rings & Things by Joe & Deb, while essentials can be found at Piggly Wiggly or Walmart Supercenter in Irondale, less than 3 miles away. The East Lake Farmers Market provides fresh produce and supports local artisans. Proximity to the University of Alabama at Birmingham and Birmingham-Shuttleworth International Airport, just 5 miles away, adds to the neighborhood's convenience.
Learn more about living in South Eastlake

Home Trends in South Eastlake, AL

On average, homes in South Eastlake, Birmingham sell after 73 days on the market compared to the national average of 52 days. The median sale price for homes in South Eastlake, Birmingham over the last 12 months is $114,725, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$114,725
Median Single Family Sale Price
$119,000
Median Townhouse Sale Price
$119,000
Average Price Per Sq Ft
$90
Number of Homes for Sale
50
Last 12 months Home Sales
90
Months of Supply
6.70
Median List Price
$131,950
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home

In South Eastlake, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $265,000 to $624,900, there's something for every budget. As of September, 2025 the median home price in South Eastlake, Birmingham is $131,950, while the average sale price is $125,608, providing insight into local market trends. On average, multi-family homes spend 73 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in South Eastlake, Birmingham.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group