$565,000
SOLD SEP 30, 2024

2524 18th Place S Birmingham, AL 35209

8 Beds
4 Baths
2,800 Sq Ft
1975 Built

Recently Sold

$202 Per Sq Ft

6% Below List Price

25 Days on Market

Highlights

  • Popular Property
  • Ceiling Fan
  • Heating Available
  • Shades Cahaba Elementary School Rated A
  • Vinyl Flooring

About This Home

As of September 2024

Welcome to this fantastic investment opportunity. Award winning Homewood City Schools! This updated and well-maintained 4-unit multiplex features four separate spacious and inviting 2 bedroom/1 bath rental units. Each unit is 700 square feet with light colored LVP floors throughout, stainless steel kitchen appliances and updated bright white kitchens and baths. The property features a shared yard, perfect for outdoor activities and relaxation. Off street parking in rear lot. On street parking also available. New $40K laundry facility was added to the basement in Feb 2023 (2 W/D) for the convenience of the tenants. With four separate units in this building, this property presents an excellent opportunity for rental income and long-term investment growth. All units are occupied through spring/summer 2025.

Last Agent to Sell the Property

Dina Hendrix

ARC Realty - Homewood Listed on: 07/22/2024

ARC Realty - Homewood

Last Buyer's Agent

Kathryn Romanchuk

RealtySouth-MB-Crestline

RealtySouth-MB-Crestline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 1975

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring
  • Unfinished Basement
  • Partial Basement

Schools

  • Shades Cahaba Elementary School
  • Homewood Middle School
  • Homewood High School

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $800
  • Gross Income $3,925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,204

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • 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: Vinyl
  • Basement Style: Partial Basement
  • Basement Finished: All Unfinished

Exterior Features

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

Garage/Parking

  • Parking: 1 Space per Unit

Utilities

  • Heating: Electric (HEAT), Individual Units (HEAT)
  • Cooling: Ceiling Fans, Electric (COOL), Individual Units (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), Hot Water (TENANT)

Tax Info

  • Tax District: HOMEWOOD
  • Annual Tax: 4204

Multi Family

  • Expenses: 800
  • Gross Income: 3925

MLS Schools

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

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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
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

  • K

    Seller's Agent in 2025

    Kathryn Romanchuk

    RealtySouth

  • D

    Seller's Agent in 2024

    Dina Hendrix

    ARC Realty - Homewood

  • K

    Seller's Agent in 2021

    Kelli Sale

    LAH Sotheby's International Realty Crestline

  • J

    Buyer's Agent in 2021

    John Street

    Keller Williams Realty Vestavia

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 21392456

Greater Alabama MLS

Alabama Jefferson County Birmingham 35209

2524 18th Place S, Birmingham, AL

This home is located at 2524 18th Place S, Birmingham, AL 35209 and is currently priced at $565,000, approximately $201 per square foot. This property was built in 1975. 2524 18th Place S is a home located in Jefferson County with nearby schools including Shades Cahaba Elementary School, Homewood Middle School, and Homewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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