2524 18th Place S Birmingham, AL 35209
Estimated payment $4,107/month
Highlights
- Central Air
- Ceiling Fan
- Heating Available
- Shades Cahaba Elementary School Rated A
- Vinyl Flooring
About This Home
Exceptional opportunity in the heart of Homewood! This well-maintained quadplex is ideal for investors seeking strong cash flow or owner-occupants looking to live in one unit while generating income from the other three. Located just a short stroll to downtown Homewood shops, restaurants, award-winning Homewood schools, and public transit—this property offers both convenience and long-term value in one of Alabama’s most desirable cities. Each of the four 2BR/1BA units is approximately 700 SF and features light-colored LVP flooring, stainless steel appliances, and bright white kitchens and baths. The top two units were freshly painted in June 2025. Additional highlights include a $40,000 laundry facility added in the basement in 2023, offering two washer/dryer units for tenant use. Don’t miss this rare opportunity to own a solid investment in a high-demand rental market.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Home Design
- Quadruplex
- Brick Exterior Construction
- Siding
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
- Partially Finished Basement
- Partial Basement
Parking
- On-Street Parking
- Assigned Parking
Schools
- Shades Cahaba Elementary School
- Homewood Middle School
- Homewood High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- 4 Units
- Operating Expense $470
Listing and Financial Details
- Visit Down Payment Resource Website
- The owner pays for water/sewer (owner)
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Price Changed | $649,000 | -2.4% | $58 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $665,000 | -2.9% | $59 / Sq Ft |
| 08/13/2025 08/13/25 | Price Changed | $685,000 | -5.9% | $61 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $727,700 | +28.8% | $65 / Sq Ft |
| 09/30/2024 09/30/24 | Sold | $565,000 | -5.7% | $202 / Sq Ft |
| 07/25/2024 07/25/24 | For Sale | $599,000 | +68.7% | $214 / Sq Ft |
| 02/02/2021 02/02/21 | Sold | $355,000 | -19.3% | $32 / Sq Ft |
| 09/15/2020 09/15/20 | For Sale | $439,900 | -- | $40 / Sq Ft |
Source: Greater Alabama MLS
MLS Number: 21425803
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