$970,000
$50K PRICE DROP

Estimated payment $6,093/month

Total Views 4,804
24 Beds
12 Baths
832 Sq Ft
$1,166 Price per Sq Ft

About This Home

LAH Sotheby's International Realty is proud to present this 12 unit value add Multifamily deal located just 4 minutes from Coca-Cola Amphitheater and Downtown Birmingham Alabama. Property consists of 12 2BR 1BA units with washer/dryer connections, updated finishes throughout each unit, updated plumbing and electrical, and new windows. Property is currently in lease up stage with 8 out of the 12 units rented and anticipation for full occupancy by mid October 2025. Rents are well under market, thus providing upside for a new owner. Call Alex Kyriazis 251-591-9390 for additional information.

Listing Agent

Maurice Humphries

LAH Real Estate, Inc. License #22302 Listed on: 09/11/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978

Home Design

  • 832 Sq Ft Home
  • Slab Foundation

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Schools

  • Tuggle Elementary School
  • Wilkerson Middle School
  • Parker High School

Utilities

  • Electric Water Heater

Community Details

  • 12 Units
  • Operating Expense $25,675

Listing and Financial Details

  • The owner pays for no utilities (owner)

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Living Area: 832
  • Property Type: Residential Income
  • Flood Plain: N
  • Year Built: 1978
  • Property Sub Type: Apartment
  • Co List Office Mls Id: LAWRM
  • Directions: Five minutes from I-65 and five minutes from I-20.
  • Year Built Details: Existing
  • SystemPrice: 970000
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 12
  • Total Bedrooms: 24

Exterior Features

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

Utilities

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

Schools

  • High School: PARKER
  • Elementary School: TUGGLE
  • Middle Or Junior School: WILKERSON

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 25675
  • Number Of Units Total: 12

Map

Range of Values:

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Collateral Analytics

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List 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
11/04/2025 11/04/25 Price Changed $970,000 -4.9% $1,166 / Sq Ft
09/11/2025 09/11/25 For Sale $1,020,000 -- $1,226 / Sq Ft
Source: Greater Alabama MLS

Source: Greater Alabama MLS

MLS Number: 21430948

Greater Alabama MLS