$612,000

Estimated payment $3,844/month

Total Views 13,719
19 Beds
10 Baths
7,252 Sq Ft
$84 Price per Sq Ft

About This Home

Amazing Investment Portfolio Opportunity - total of 23 units. 22 units are currently leased! Seller is selling as a portfolio. ($1,564,000.00) First parcel: 136 59th St (10-unit and One quad) & 2nd Parcel: 137 59th St (9 unit building). All 3 buildings showcase light filled open concept living/dining rooms with spacious kitchens, generous sized bedrooms with ample closet space, full bath with extra storage and washer/dryer hook-ups in all units. Quiet neighborhood, close to public transportation, shopping, interstate and the airport.All 3 buildings are visible to each other. Roof on 136 59th (10 unit) was repaired in 2020, 146 (Quad) was repaired 5-years ago & 137 59th (9 unit) was replaced with TPO in 2022, flooring updated and washer/dryer connections added to all units. Call to get more information and schedule a tour.

Listing Agent

Margie Beth Shaw

Keller Williams Realty Vestavia Listed on: 04/15/2025

Keller Williams Realty Vestavia

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Home Design

  • 7,252 Sq Ft Home
  • Slab Foundation

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 10 Full Bathrooms

Schools

  • Hayes Elementary And Middle School
  • Woodlawn High School

Utilities

  • Electric Water Heater

Community Details

  • 9 Units
  • Operating Expense $18,609

Listing and Financial Details

  • The owner pays for no utilities (owner)

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Living Area: 7252
  • Property Type: Residential Income
  • Flood Plain: N
  • Year Built: 1969
  • Property Sub Type: Apartment
  • Co List Office Mls Id: KWRBM
  • Directions: 1ST AVENUE NORTH TO 59TH STREET AT MCDONALD'S, APTS ON THERIGHT.
  • Year Built Details: Existing
  • SystemPrice: 612000
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 10
  • Total Bedrooms: 19

Exterior Features

  • Water Heater: Electric (WTRHTR)
  • Foundation Details: Slab

Utilities

  • Cooling: Window Unit(s)
  • Water: Public Water
  • Sewer: Connected

Schools

  • High School: WOODLAWN
  • Elementary School: HAYES
  • Middle Or Junior School: HAYES

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 18609
  • Number Of Units Total: 9

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 For Sale $612,000 0.0% $84 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $612,000 0.0% $84 / Sq Ft
10/25/2019 10/25/19 Rented $700 0.0% --
10/19/2019 10/19/19 For Rent $700 +16.7% --
10/15/2019 10/15/19 Rented $600 0.0% --
10/02/2019 10/02/19 For Rent $600 -11.8% --
10/15/2018 10/15/18 Rented $680 +4.6% --
09/05/2018 09/05/18 For Rent $650 -- --
Source: Greater Alabama MLS

Source: Greater Alabama MLS

MLS Number: 21415977

Greater Alabama MLS

APN: 23-21-1-011-004.000-RR-00