$624,900

7735 Rugby Ave Birmingham, AL 35206

South Eastlake Neighborhood

Estimated payment $4,030/month

Total Views 265
20 Beds
10 Baths
6,500 Sq Ft
$96 Price per Sq Ft

About This Home

Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600–$625/month, ensuring steady cash flow from day one. With upside potential in rental growth and continued renovations, this property is well-positioned for long-term returns.

Listing Agent

Brandy Herschbach

RealtySouth-Homewood Listed on: 08/20/2025

RealtySouth-Homewood

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1963

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Wall to Wall Carpet
  • Laminate

Basement

  • Crawl Space

Schools

  • Barrett Elementary School
  • Ossie Ware Mitchell Middle School
  • Woodlawn High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Electric Water Heater

Community Details

  • 10 Units
  • Operating Expense $1,000

Listing and Financial Details

  • The owner pays for trash collection (owner)

Property Details

Home Type

Apartment

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1963
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Floors: Laminate, Wall-to-Wall Carpet

Exterior Features

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

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Central Control (HEAT), Window Units (HEAT)
  • Cooling: Central Control (COOL), Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 10

Schools

  • Elementary School: BARRETT
  • Middle School: OSSIE WARE MITCHELL
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-14-2-023-002.001

Rental Info

  • Owner Pays: Trash Collection (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT), Water/Sewer (TENANT)

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 1000

MLS Schools

  • Elementary School: BARRETT
  • High School: WOODLAWN
  • Jr Middle School: OSSIE WARE MITCHELL

Map

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
08/20/2025 08/20/25 For Sale $624,900 +78.5% $96 / Sq Ft
02/15/2024 02/15/24 Sold $350,000 -11.4% $54 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $395,000 0.0% $61 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $395,000 -16.0% $61 / Sq Ft
11/19/2023 11/19/23 For Sale $470,000 0.0% $72 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $470,000 -1.1% $72 / Sq Ft
09/30/2023 09/30/23 For Sale $475,000 0.0% $73 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $475,000 -- $73 / Sq Ft
Source: Greater Alabama MLS

Source: Greater Alabama MLS

MLS Number: 21428771

Greater Alabama MLS

APN: 23-14-2-023-002.001-RR-00

Alabama Jefferson County Birmingham 35206 South Eastlake

7735 Rugby Ave, Birmingham, AL

This home is located at 7735 Rugby Ave, Birmingham, AL 35206 and is currently priced at $624,900, approximately $96 per square foot. This property was built in 1963. 7735 Rugby Ave is a home located in Jefferson County with nearby schools including Barrett Elementary School, Ossie Ware Mitchell Middle School, and Woodlawn High School-Magnet.

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.

Greater Alabama MLS 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.

Nearby Homes
Brandy Herschbach
Listing Agent
Brandy Herschbach
Section Image
RealtySouth-Homewood
(205) 334-3343