$355,000
SOLD FEB 2, 2021

2524 18th Place S Birmingham, AL 35209

8 Beds
4 Baths
11,136 Sq Ft
1975 Built

Recently Sold

$32 Per Sq Ft

19% Below List Price

117 Days on Market

Highlights

  • Tile Flooring
  • Shades Cahaba Elementary School Rated A
  • Heating Available

About This Home

As of September 2024

****INVESTORS SPECIAL IN HOMEWOOD**** 4 unit apartment complex in Rosedale area! 2/1bath units All units are occupied by long term renters. Homewood School System Currently rented for $1,850/month. When fully renovated, each unit will bring $850-$1,250/month in rent. *All tenants current.* New paint outside, new landscaping, new parking lot, minor exterior repairs. PRIME FOR RENOVATE AND HOLD STRATEGY! BUILDING OWNER MUST BE PRESENT FOR INSPECTION... DO NOT DISTURB THE TENANTS. ***CASH BUYERS ONLY*** NO WHOLESALERS

Last Agent to Sell the Property

Kelli Sale

LAH Sotheby's International Realty Crestline Listed on: 09/15/2020

Last Buyer's Agent

John Street

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1975

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Siding

Flooring

  • Wall to Wall Carpet
  • Tile

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • 4 Units
  • Gross Income $1,850

Listing and Financial Details

  • Tenant pays for cable/tv connect (tenant), electric (tenant)
  • The owner pays for water/sewer (owner)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,450

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Quadplex
  • Termite Company Name: Stark
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1975
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Floors: Tile, Wall-to-Wall Carpet
  • Basement Style: Partial Basement
  • Basement Finished: All Unfinished

Exterior Features

  • Construction: Brick, Siding
  • Foundation: Basement, Crawl Space
  • Water Heater: Electric (WTRHTR)

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 4

Schools

  • Elementary School: SHADES CAHABA
  • Middle School: HOMEWOOD
  • High School: HOMEWOOD

Lot Info

  • Assessor Parcel Number: 28-00-07-2-009-011.000

Rental Info

  • Owner Pays: Water/Sewer (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT)

Tax Info

  • Tax District: HOMEWOOD
  • Annual Tax: 2450

Multi Family

  • Gross Income: 1850

Similar Homes in Birmingham, AL

  • 3845 Center Place W, Birmingham, AL 35207

    $350,000

    • 10 Beds
    • 5 Baths
    • 3,750 Sq Ft
    • 3845 Center Place W
    • Birmingham, AL

    This 5-unit multifamily property is perfect for Investor’s opportunity!, making $3,000 gross income Each unit features 2 bedrooms and 1 bathroom, with 750 square feet of living space. Located in an area with high rental demand and future growth potential, this is an ideal addition to your portfolio. Don’t let this income-generating property slip away!

    Neal Thomas Minnie Lee Realty

    Section Image
  • 5732 Monte Sano Dr, Birmingham, AL 35228

    $349,900

    • 10 Beds
    • 5 Baths
    • 3,500 Sq Ft
    • 5732 Monte Sano Dr
    • Birmingham, AL

    Calling all Investors!!! Are you looking for your first investment property? Interested in adding to your existing portfolio? Take a look at this five unit multi-family!! This all brick unit has lots of potential. Four units are occupied and one unit is currently vacant. Unit is currently professionally managed. Schedule your appointment today to view this diamond in the rough!

    Gia Kendall Divine Approach Real Estate an

    Section Image
  • 7728 Rugby Ave, Birmingham, AL 35206

    $340,000

    • 8 Beds
    • 4 Baths
    • 2,800 Sq Ft
    • 7728 Rugby Ave
    • Birmingham, AL

    Fully Renovated Quadplex – Turnkey Investment Opportunity! Welcome to 7728 Rugby Ave – a beautifully renovated quadplex offering an outstanding investment opportunity. 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

    Heidi Calamusa Keller Williams Realty Vestavia

    Section Image
  • 7741 5th Ave S, Birmingham, AL 35206

    $300,000

    • 8 Beds
    • 4 Baths
    • 3,200 Sq Ft
    • 7741 5th Ave S
    • Birmingham, AL

    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

    Section Image
  • 508 Vanderbilt St, Birmingham, AL 35206

    $359,000

    • 8 Beds
    • 4 Baths
    • 508 Vanderbilt St
    • Birmingham, AL

    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

    Section Image
  • 8229 2nd Ave S, Birmingham, AL 35206

    $265,000

    • 6 Beds
    • 3 Baths
    • 3,524 Sq Ft
    • 8229 2nd Ave S
    • Birmingham, AL

    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

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/24/2025 07/24/25 For Sale $727,700 +28.8% $260 / 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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 895623

Greater Alabama MLS