East Lake Homes under $150,000

East Lake Homes under $150,000

Welcome to East Lake, a charming subdivision nestled in the heart of Birmingham, Alabama, within the vibrant Jefferson County. Known for its friendly community atmosphere and rich history, East Lake offers residents the perfect blend of suburban tranquility and urban convenience. This area is ideal for families, first-time homebuyers, and anyone seeking an affordable yet fulfilling lifestyle.

One of the standout features of East Lake is its remarkable selection of homes priced under $150,000. Here, you’ll find a variety of options that cater to diverse tastes and needs. From quaint bungalows to cozy two-story homes, each property exudes character and charm. These affordable homes provide an excellent opportunity for those looking to invest in their future without breaking the bank.

East Lake is not just about affordability; it’s also about community. Residents enjoy access to local parks, schools, and a range of amenities that enhance everyday living. The neighborhood is well-connected, making it easy to explore the vibrant culture of Birmingham, including its dining, shopping, and entertainment options.

Whether you’re a first-time buyer or looking to downsize, East Lake offers a welcoming environment where you can truly feel at home. With its affordable housing market and strong sense of community, East Lake is an ideal choice for anyone seeking a place to thrive in Birmingham. Discover your dream home in East Lake today—where comfort meets affordability!

Newest East Lake Homes under $150,000

7401 4th Ave S, Birmingham
$54,000
3 Beds ⋅ 2 Baths ⋅ 21466067 MLS
Great investor opportunity in the up and coming East Lake area. Great potential for either a flip or rental. This one is located on a quiet corner lot in the back of the neighborhood but close to everything on the east side. Cash offers only.

7401 4th Ave S, Birmingham

Listing courtesy of Redemption Realty.

7615 3rd Ave S, Birmingham
$94,900
3 Beds ⋅ 2 Baths ⋅ 21465723 MLS
Adorable cottage that needs just a little TLC. Beautiful level lot with lots of parking. 3Br , 2 baths, LR with fireplace, Formal Dr. Large eat-in-kitchen with a full wall pantry, Beautiful wood cabinets. Den is large with lots of built-ins. Washer /dryer hook up right off the kitchen Large 2 car carport and paved concrete patio and walk-way with a storage building and a small building with electricity..

7615 3rd Ave S, Birmingham

Listing courtesy of Realty by Design.

8115 6th Ave N, Birmingham
$62,000
3 Beds ⋅ 1 Baths ⋅ 21465053 MLS
Investors, this is a good rental. The living room has craftsman cabinets flanking both sides of the brick fireplace. A roomy dining room. The breakfast room also has a craftsman built-in buffet. The kitchen has white cabinets, an electric stove, and a refrigerator. Just off the kitchen is the laundry room with access to the back door that leads to the backyard and concrete patio/mini-basket ball play area. Partially fenced backyard with alley to yard parking. There is also an off-street concrete parking pad and additional brick pads for even more parking at the side of the house, with a side entry covered stoop. Three bedrooms and one full bath with a ceramic tile floor and a linen closet. Hardwood floors in all rooms except the kitchen, which has vinyl; the back bedroom has new laminate wood flooring. Approximately 4 blocks from the park. Playground with tennis courts, swings, and much more.

8115 6th Ave N, Birmingham

Listing courtesy of ARC Realty Vestavia.

7510 2nd Ave S, Birmingham
$110,000
4 Beds ⋅ 2 Baths ⋅ 21464429 MLS
Great starter home or investment property. This 4 bedroom, 2 full bath home has been recently updated. There are hardwood, carpet and tile floors. There is a deck out back and large shaded lot. This home is currently rented. Please do not bother the tenants.

7510 2nd Ave S, Birmingham

Listing courtesy of Keller Williams Realty Hoover.

8033 4th Ave N, Birmingham
$125,000
3 Beds ⋅ 1 Baths ⋅ 21464163 MLS
Great turn-key investment opportunity in East Lake! This solid 3-bedroom, 1-bathroom home comes fully tenant-occupied currently bringing in $1,387/month. The home features a brand-new roof for worry-free ownership, low maintenance, and immediate cash flow from day one. Situated on a generous lot just minutes from East Lake Park, local schools, and easy interstate access to downtown Birmingham. Perfect addition to an investor's portfolio.

8033 4th Ave N, Birmingham

Listing courtesy of Barnes & Associates.

6716 3rd Ave S, Birmingham
$75,000
3 Beds ⋅ 1 Baths ⋅ 21463886 MLS
**INVESTOR SPECIAL!** Great opportunity to add to your rental portfolio or take on your next renovation project. This 3-bedroom, 1-bath home offers plenty of potential and is ready for a new owner to bring their vision to life. The property features a **metal roof in good condition** and a functional floor plan with room for updates and improvements. Whether you're looking for a rental, flip, or long-term investment, this one is worth a look. **Property is being sold AS-IS. Seller will make no repairs.** Bring your ideas and make this property your own!

6716 3rd Ave S, Birmingham

Listing courtesy of Barnes & Associates.

7803 4th Ave N, Birmingham
$54,900
3 Beds ⋅ 1 Baths ⋅ 21463180 MLS
Charming three-bedroom, one-bath home conveniently located near shopping, dining and interstate access. The home features a spacious kitchen, a large backyard and a covered back porch—perfect for relaxing outdoors. With plenty of potential to make it your own, this property offers a wonderful opportunity for buyers looking to add their personal touch.

7803 4th Ave N, Birmingham

Listing courtesy of Alabama Realty Servicing Inc.

617 72nd St S, Birmingham
$30,250
2 Beds ⋅ 1 Baths ⋅ 21462565 MLS
INVESTOR SPECIAL! Inspect and view at your own risk- must sign "hold harmless" addendum before showing. Seller is extremely motivated & will consider non real estate trades and all offers.

617 72nd St S, Birmingham

Listing courtesy of Red Hills Realty, LLC.

511 82nd St S, Birmingham
$79,000
3 Beds ⋅ 2 Baths ⋅ 21462466 MLS
Wonderful property for a home or a rental portfolio! Rental estimate $1,245-1,345/month. Even with some required work, this property will still exceed the 1% rule! Itemized repair quote available upon request. Spacious and full of character, this three-bedroom home offers finished living areas across three levels, including a versatile bonus room and a comfortable basement space. The large kitchen and adjoining dining room provide plenty of room for everyday living. Enjoy outdoor relaxation on either of the two decks or the welcoming front porch. Conveniently located nearby the local middle school, this property offers both comfort and accessibility.

511 82nd St S, Birmingham

Listing courtesy of Keller Williams Realty Vestavia.

7005 Division Ave, Birmingham
$73,000
3 Beds ⋅ 1 Baths ⋅ 21461449 MLS
Turnkey investment opportunity with a tenant already in place! This well-maintained 2-bedroom, 2-bath home offers immediate rental income and is an excellent addition to any investment portfolio. Featuring a functional floor plan, spacious living areas, and low-maintenance appeal, this property is ideal for investors seeking a stable, income-producing asset. Conveniently located with easy access to downtown Birmingham, shopping, dining, schools, and major interstates. Whether you're expanding your portfolio or purchasing your first investment property, this tenant-occupied home is ready to generate income from day one. Showings are by appointment only. Please do not disturb the tenant. Buyer to verify all information deemed important. HVAC updated around 2022

7005 Division Ave, Birmingham

Listing courtesy of Keller Williams Pell City.

415 82nd St N, Birmingham
$85,000
3 Beds ⋅ 1 Baths ⋅ 21459929 MLS
An excellent opportunity to acquire a tenant-occupied, income-producing single-family residence as part of a 4 home investment portfolio. This property offers immediate cash flow with an established tenant already in place, making it an attractive addition for investors seeking stable rental income and long-term appreciation. This home is ideal for investors looking for a turnkey. Situated in the established Birmingham neighborhood of East Lake with convenient access to schools, shopping, employment centers, and major transportation routes, in walking distance to the park, the home is well-positioned to benefit from continued rental demand. 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 21459932, 21459928, 21459929, 21459930.

415 82nd St N, Birmingham

Listing courtesy of Keller Williams Realty Hoover.

310 83rd St, Birmingham
$115,000
3 Beds ⋅ 3 Baths ⋅ 21458295 MLS
You don't want to miss this charming move-in ready 3 bedroom, 2.5 bathroom home in East Lake - convenient to shopping, dining, interstate access, and more! You are just a short walk away from the beautiful East Lake park. The living space is perfect for entertaining, with a wood burning fireplace to gather around during the colder months. There is a finished second level with a versatile den space or third bedroom and bathroom as well. There are updates throughout, including a wonderful kitchen and modern fixtures in the bathrooms. Schedule your showing today!

310 83rd St, Birmingham

Listing courtesy of Keller Williams Realty Vestavia.

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