7233 Rome Ave Birmingham, AL 35206
South Eastlake NeighborhoodEstimated payment $621/month
Highlights
- Attic
- No HOA
- Brick Veneer
- Solid Surface Countertops
- Porch
- Bathtub with Shower
About This Home
A tenant-occupied, income-producing single-family home offering investors immediate cash flow and long-term investment potential. As part of a four-property rental portfolio, this home provides the opportunity to acquire a stabilized investment. Located in East Lake, an established Birmingham neighborhood with convenient access to schools, shopping, major employment centers, and transportation routes, the property benefits from strong rental demand and favorable long-term market fundamentals. Whether you're expanding an existing portfolio or seeking a turnkey investment, this property delivers dependable income with the potential for future appreciation. Investor Alert: The 4 home portfolio currently brings in $3,390/mo from just 3 occupied homes. Once the 4th vacant property is leased, the projected portfolio income jumps to $4,190+/mo, unlocking a massive 14.37% Pro Forma Gross Yield and an 8.07% Cap Rate. See matching portfolio listings at MLS 21459928, 21459929, 21459930.
Home Details
Home Type
- Single Family
Year Built
- Built in 1958
Home Design
- Brick Veneer
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Parking
- Driveway
- On-Street Parking
Schools
- Barrett Elementary School
- Ossie Ware Mitchell Middle School
- Woodlawn High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Solid Surface Countertops
- Porch
- 6,970 Sq Ft Lot
- Attic
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,246 | $17,180 | ||
| 2024 | $1,246 | $17,180 | ||
| 2022 | $1,193 | $16,460 | $3,880 | $12,580 |
| 2021 | $957 | $13,200 | $3,880 | $9,320 |
| 2020 | $957 | $13,200 | $3,880 | $9,320 |
| 2019 | $957 | $13,200 | $0 | $0 |
| 2018 | $898 | $12,380 | $0 | $0 |
| 2017 | $898 | $12,380 | $0 | $0 |
| 2016 | $898 | $12,380 | $0 | $0 |
| 2015 | $898 | $12,380 | $0 | $0 |
| 2014 | $850 | $12,240 | $0 | $0 |
| 2013 | $850 | $12,240 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $95,000 | -- | $97 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Central Alabama Title Co Inc | |
| Warranty Deed | $18,000 | -- | |
| Foreclosure Deed | $44,264 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $298,270 | New Conventional | |
| Closed | $351,900 | New Conventional | |
| Closed | $63,345 | Commercial | |
| Closed | $62,900 | Unknown | |
| Closed | $55,200 | Unknown | |
| Closed | $51,300 | Unknown | |
| Closed | $41,250 | No Value Available |
Source: Greater Alabama MLS
MLS Number: 21459932
APN: 23-00-14-4-018-004.000
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.
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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