$450,000
$49K PRICE DROP

Estimated payment $2,848/month

Total Views 5,531,823
8 Beds
7 Baths
5,150 Sq Ft
$87 Price per Sq Ft

About This Home

**CREATIVE FINANCING OFFERS WILL NOT BE REVIEWED** Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Currently used as a short-term rental, so use as a rental or enjoy the property as your own with all furniture included in the sale! Registered with the city with an STR certificate. Trailing twelve months of gross revenue ending Oct '24 is $89,860. Ask about other STRs available in the portfolio.

Listing Agent

Jeremy Galloway

eXp Realty, LLC Central Listed on: 07/11/2024

eXp Realty, LLC Central

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1955

Parking

  • On-Street Parking

Home Design

  • Brick Frame

Flooring

  • Wall to Wall Carpet
  • Vinyl

Basement

  • Crawl Space

Schools

  • North Birmingham Elementary School
  • Hayes Middle School
  • Carver High School

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • 7 Units

Property Details

Home Type

Apartment

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1955
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Floors: Vinyl, Wall-to-Wall Carpet

Exterior Features

  • Construction: Brick and Frame
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Condo/Co-op/Association

  • Total Units: 7

Schools

  • Elementary School: NORTH BIRMINGHAM
  • Middle School: HAYES
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 23-00-19-3-013-002.000

Rental Info

  • Owner Pays: All Utilities (OWNER)

Tax Info

  • Tax District: BIRMINGHAM

MLS Schools

  • Elementary School: NORTH BIRMINGHAM
  • High School: CARVER, G W
  • Jr Middle School: HAYES

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
06/10/2025 06/10/25 Price Changed $450,000 -5.3% $87 / Sq Ft
01/14/2025 01/14/25 Price Changed $475,000 -2.2% $92 / Sq Ft
09/30/2024 09/30/24 Price Changed $485,900 -0.6% $94 / Sq Ft
08/22/2024 08/22/24 Price Changed $489,000 -2.0% $95 / Sq Ft
07/11/2024 07/11/24 For Sale $499,000 +56.4% $97 / Sq Ft
01/08/2022 01/08/22 Off Market $319,000 -- --
12/31/2021 12/31/21 Sold $319,000 -0.3% $75 / Sq Ft
10/11/2021 10/11/21 For Sale $319,900 +30.6% $75 / Sq Ft
04/30/2021 04/30/21 Sold $245,000 -14.0% $48 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
01/08/2021 01/08/21 Price Changed $285,000 +14.0% $55 / Sq Ft
12/08/2020 12/08/20 For Sale $250,000 -- $49 / Sq Ft
Source: Greater Alabama MLS

About the Listing Agent

Jeremy Galloway

eXp Realty, LLC Central

(659) 258-8673

Section Image

Jeremy Galloway is a highly skilled Realtor and a valued member of the Southern State Realty Partners team. With a background in real estate investing dating back to 2016, Jeremy has honed his skills over the years and has been actively selling real estate since 2018. He specializes in working with both investors and home owners, and is highly regarded for his ability to process real estate data, navigate difficult deals and bring offers to sellers in record time - often less than 48 hours. If

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Source: Greater Alabama MLS

MLS Number: 21391447

Greater Alabama MLS

APN: 23-19-3-013-002.000-RR-00