705 Knoxville St Birmingham, AL 35224
Wylam NeighborhoodEstimated payment $5,480/month
About This Home
Investor Opportunity – Renovated 8-Unit Multifamily Property in Prime Birmingham Location 705 Knoxville St presents an exceptional opportunity to acquire a fully upgraded 8-unit apartment building in the heart of Birmingham. Each unit features modern renovations including brand-new appliances, updated flooring, fresh paint, in-unit washer and dryer, and remodeled bathrooms—ensuring strong rental appeal and reduced future capital expenditures. Strategically located near major Birmingham attractions such as Avondale Park, the Birmingham Zoo, and the thriving downtown district, this property benefits from consistent tenant demand and proximity to key employment, dining, and entertainment hubs. Whether you’re looking to expand your rental portfolio or enter the multifamily market with a turnkey asset, this stabilized property offers both immediate cash flow and long-term appreciation potential.
Listing Agent
Keithan Jones
Silver Oak Realty Listed on: 07/21/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1978
Home Design
- Brick Exterior Construction
- Slab Foundation
- Siding
Interior Spaces
- Storage
- Laminate Flooring
Schools
- Avondale Elementary School
- Hayes Middle School
- Woodlawn High School
Utilities
- Heating System Uses Gas
- Electric Water Heater
Community Details
- 8 Units
- Operating Expense $1,200
Listing and Financial Details
- The owner pays for trash collection (owner), water/sewer (owner)
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $849,900 | +161.5% | $150 / Sq Ft |
| 06/19/2023 06/19/23 | Sold | $325,000 | -12.1% | $57 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $369,900 | 0.0% | $65 / Sq Ft |
| 05/13/2023 05/13/23 | Pending | -- | -- | -- |
| 04/28/2023 04/28/23 | Price Changed | $369,900 | -1.3% | $65 / Sq Ft |
| 02/22/2023 02/22/23 | Price Changed | $374,900 | -5.1% | $66 / Sq Ft |
| 01/10/2023 01/10/23 | For Sale | $395,000 | +21.5% | $70 / Sq Ft |
| 12/02/2022 12/02/22 | Off Market | $325,000 | -- | -- |
| 12/01/2022 12/01/22 | For Sale | $295,000 | -- | $52 / Sq Ft |
Source: Greater Alabama MLS
MLS Number: 21425787
APN: 30-02-1-021-006.000-RR-00
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