$394,900

Estimated payment $2,530/month

Total Views 13,805
14 Beds
10 Baths
6,200 Sq Ft
$64 Price per Sq Ft

About This Home

Investor’s Dream in the Heart of Birmingham! This rare 10-bedroom multifamily property is the deal of a lifetime priced below market value with massive upside potential. Whether you’re looking to expand your portfolio or step into the world of multifamily investing, this opportunity checks every box. Located in the heart of Birmingham, this property offers prime access to the public library, post office and public transportation. With only 2 units currently occupied, you have the freedom and flexibility to renovate, reposition, and maximize rents to today’s market standards. Imagine the cash flow once stabilized, this property is perfectly poised for an investor with vision to create a true income-producing gem. Properties like this rarely hit the market, especially at such an attractive price point. This is your chance to secure a high-potential multifamily investment in one of Birmingham’s most sought-after locations.

Listing Agent

Joy Groce

eXp Realty, LLC Central Listed on: 08/28/2025

eXp Realty, LLC Central

Co-Listing Agent

Erika Russell

eXp Realty, LLC Central

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1987

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Laminate Flooring

Schools

  • Washington Elementary School
  • Arrington Middle School
  • Parker High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Electric Water Heater

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 10 Units
  • Operating Expense $4,000

Property Details

Home Type

Apartment

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1987
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1987

Interior Features

  • Floors: Laminate
  • Miscellaneous: Handyman Special, Pets Allowed, Resident Manager

Exterior Features

  • Construction: Brick
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 1 Space per Unit, On Street Parking

Utilities

  • Heating: Central Control (HEAT), Central w/Ind Ctrl(HEAT), No Heat, Window Units (HEAT)
  • Cooling: Central Control (COOL), Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 10

Schools

  • Elementary School: WASHINGTON
  • Middle School: ARRINGTON
  • High School: PARKER

Lot Info

  • Assessor Parcel Number: 29-00-09-1-013-002.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 4000

MLS Schools

  • Elementary School: WASHINGTON
  • High School: PARKER
  • Jr Middle School: ARRINGTON

Map

Range of Values:

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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 Change Sq Ft Price
08/28/2025 08/28/25 For Sale $394,900 -- $64 / Sq Ft
Source: Greater Alabama MLS

About the Listing Agent

Joy Groce

eXp Realty, LLC Central

(205) 832-9047

Section Image

Joy is patient, dedicated, and compassionate. Joy’s purpose is to help consumers explore their options, become very knowledgeable about the home buying and selling process, and make the decision that is beneficial for them and their families. She is a Christian, wife, and mother of three beautiful children. She has a bachelor’s degree in Sociology and a Master’s Degree in Social Work. Joy worked as a Social Worker for almost fifteen years in the Birmingham Area. She has been a realtor for over

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Source: Greater Alabama MLS

MLS Number: 21430103

Greater Alabama MLS

APN: 29-09-1-013-002.000-RR-00