$340,000
PENDING

Estimated payment $2,218/month

Total Views 4,719
8 Beds
4 Baths
2,800 Sq Ft
$121 Price per Sq Ft

About This Home

Fully Renovated Quadplex – Turnkey Investment Opportunity! Welcome to 7728 Rugby Ave – a beautifully renovated quadplex offering an outstanding investment opportunity. Three of the four units are currently rented, ($850 for two and $875 including one reliable Section 8 tenant, ensuring immediate cash flow. The fourth unit, located on the ground floor, is vacant and ready to be leased quickly in today's strong rental market. Each unit has been thoughtfully updated to attract quality tenants, and the property features easy, low-maintenance landscaping that keeps operating costs low during the warm months. Whether you’re looking to expand your portfolio or start with a property that’s already generating income, 7728 Rugby Ave delivers the perfect blend of stability and upside potential. Each has separate meters, individual central HVAC and in unit laundry. Don't miss this chance to own a turnkey asset with excellent rental history and minimal upkeep needs. Schedule your showing today!

Listing Agent

Heidi Calamusa

Keller Williams Realty Vestavia Listed on: 04/28/2025

Keller Williams Realty Vestavia

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Home Design

  • Quadruplex
  • Brick Exterior Construction

Flooring

  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Barrett Elementary School
  • Avondale Middle School
  • Woodlawn High School

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21417268?w=PubMLS
  • Property Type: Quadplex
  • Year Built Description: Existing
  • Year Built: 1964
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Floors: Tile, Vinyl

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Individual Control, Electric (WTRHTR)

Utilities

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

Condo/Co-op/Association

  • Total Units: 4

Schools

  • Elementary School: BARRETT
  • Middle School: AVONDALE
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-14-2-021-005.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM

MLS Schools

  • Elementary School: BARRETT
  • High School: WOODLAWN
  • Jr Middle School: AVONDALE

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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
06/04/2025 06/04/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $340,000 +158.2% $121 / Sq Ft
05/19/2023 05/19/23 Sold $131,680 +47.1% $39 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $89,500 -24.8% $27 / Sq Ft
05/01/2017 05/01/17 Sold $119,000 -4.8% $57 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
04/22/2015 04/22/15 For Sale $125,000 -- $60 / Sq Ft
Source: Greater Alabama MLS

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Source: Greater Alabama MLS

MLS Number: 21417268

Greater Alabama MLS

APN: 23-14-2-021-005.000-RR-00