$300,000

7741 5th Ave S Birmingham, AL 35206

South Eastlake Neighborhood

Estimated payment $1,880/month

Total Views 22,798
2 Beds
1 Bath
800 Sq Ft
$375 Price per Sq Ft

About This Home

This 4-unit property is a fantastic opportunity for investors looking for value and upside potential! Each unit features 2 bedrooms and 1 bathroom, with 800 square feet of living space. Bringing in $1,500 gross income while leaving room for growth. The property has great bones and is ready for a thoughtful update to attract higher rents. This is a great chance to invest in a growing neighborhood with plenty of upside!

Listing Agent

Neal Thomas

Minnie Lee Realty Listed on: 11/29/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1961

Home Design

  • 800 Sq Ft Home
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Electric Water Heater

Community Details

  • 4 Units
  • Operating Expense $1,500

Listing and Financial Details

  • The owner pays for no utilities (owner)

Property Details

Home Type

Condominium

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Living Area: 800
  • Property Type: Residential Income
  • Flood Plain: N
  • Year Built: 1961
  • Property Sub Type: Apartment
  • Co List Office Mls Id: MNLR
  • Directions: Start on I-20 E/I-59 N from downtown Birmingham. Take Exit 132 toward Montevallo Rd/US-78. Turn right onto US-78 E/Montevallo Rd. Continue onto 1st Ave N. Turn right onto 77th St S. Turn left onto 5th Ave S. The destination will be on your right.
  • Year Built Details: Existing
  • SystemPrice: 300000
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Water Heater: Electric (WTRHTR)
  • Construction Type: Concrete
  • Foundation Details: Slab

Utilities

  • Heating: None
  • Cooling: None
  • Water: Public Water
  • Sewer: Connected

Schools

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

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 1500
  • Number Of Units Total: 4

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 List to Sale Price per Sq Ft
06/17/2025 06/17/25 For Sale $300,000 0.0% $375 / Sq Ft
05/30/2025 05/30/25 Off Market $300,000 -- --
11/29/2024 11/29/24 For Sale $300,000 -- $375 / Sq Ft
Source: Greater Alabama MLS

Source: Greater Alabama MLS

MLS Number: 21403935

Greater Alabama MLS

APN: 23-14-2-020-003.000-RR-00

Alabama Jefferson County Birmingham 35206 South Eastlake

7741 5th Ave S, Birmingham, AL

For Sale

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
Neal Thomas
Listing Agent
Neal Thomas
Section Image
Minnie Lee Realty
(205) 810-2597