$319,000
SOLD DEC 31, 2021
8 Beds
7 Baths
4,250 Sq Ft
1955 Built

Recently Sold

$75 Per Sq Ft

About This Home

As of December 2021

Investors, here is the multi family complex you have been searching for! Located where Downtown Birmingham meets the swiftly up and coming neighborhood of Norwood, THIS is your chance to own a 7 unit apartment community that is brimming with potential. Located only 3 miles from UAB, 4.5 miles from Birmingham Southern College, and 5.5 miles to Samford University. These apartments are within walking distance to the new Protective Life Stadium, Convention Center, Entertainment District, and Top Golf in one direction and the beautiful historic Norwood Boulevard in the other direction. Work has begun on the units....demo, painting, cabinets, property already secured for work during construction with wiring for cameras as well as security bars and doors in place. Come finish this project, fill these units, and enjoy the income in this prime location! Located in an Opportunity Zone!

Last Agent to Sell the Property

John Street

Keller Williams Realty Vestavia Listed on: 10/11/2021

Keller Williams Realty Vestavia

Last Buyer's Agent

Imad Mohammad

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1955

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Siding
  • Concrete Block And Stucco Construction

Schools

  • Norwood Elementary School
  • Hudson Middle School
  • Carver High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Additional Features

  • Tile Flooring
  • Barbecue Area

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $250
  • Gross Income $4,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,618

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: Tile
  • Miscellaneous: BBQ Area, Recreation Area

Exterior Features

  • Construction: Concrete/Block, Siding
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: No Heat
  • Cooling: No Cooling
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 7

Schools

  • Elementary School: NORWOOD
  • Middle School: HUDSON
  • High School: CARVER, G W

Lot Info

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

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1618

Multi Family

  • Expenses: 250
  • Gross Income: 4000

MLS Schools

  • Elementary School: NORWOOD
  • High School: CARVER, G W
  • Jr Middle School: HUDSON

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
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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1300742

Greater Alabama MLS

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