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$1,350,000
21459954 MLS
Welcome to 7720/7730 Madrid Ave, 20 light-filled Garden Apartment units. Market rents for these units now $800/door. Tenants have separate meters for electricity and water, owner pays trash and landscaping. Virtually all new HVAC, new water heaters majority, newly refinished parking lot, exterior lighting, new railings for both buildings to code, flooring and paint. Poised for long-term cash flow and appreciation. Less than 10 miles from downtown, East Lake is a desirable part of the city where tenants can be close to work, family, shopping centers, and nature. Quiet buildings occupied by working families. Professional Management in place with established tenant relationships for ease of transition, offering 3 months free rent collection and accounting.

7720 Madrid Avenue, Birmingham

Listing courtesy of Bear Flag Property Management.

$95,000
3 Beds 1 Baths 21459932 MLS
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.

7233 Rome Avenue, Birmingham

Listing courtesy of Keller Williams Realty Hoover.

$159,900
2 Beds 1 Baths 21457287 MLS
Welcome home to this beautifully renovated bungalow where modern updates meet timeless charm. The interior has been completely updated, featuring a stunning new kitchen with stylish cabinetry, countertops, and appliances, an updated bathroom, fresh paint throughout, new flooring, modern lighting, and tasteful finishes from room to room. The open, bright living spaces create a warm and inviting atmosphere that's truly move-in ready. Whether you're a first-time homebuyer, downsizing, or looking for an excellent investment opportunity, this home offers outstanding value with all the hard work already done. Conveniently located with easy access to downtown Birmingham, shopping, dining, parks, and major highways.

885 75th Street, Birmingham

Listing courtesy of Keller Williams Realty Vestavia.

$92,500
3 Beds 1 Baths 21455166 MLS
Income-producing investment property with tenant already in place! This 3 bedroom & 1 bathroom home offers immediate cash flow and is occupied by a reliable tenant who maintains the property well & would like to remain. Recent updates have enhanced the home's condition & reduced maintenance concerns, making it a strong addition to any rental portfolio. The property features over 1,100 sq ft of living space, central heat & air, durable flooring, spacious bedrooms, an eat-in kitchen, & off-street parking. Situated on a low-maintenance lot with convenient access to downtown Birmingham. Whether you're a seasoned investor looking to expand your portfolio or seeking your first rental property, this turnkey investment offers stable occupancy, immediate rental income, and long-term upside. Tenant occupied, no showings or inspections until under contract.

225 67th Place, Birmingham

Listing courtesy of RealtySouth-Homewood.

$174,900
4 Beds 2 Baths 21453551 MLS
Why rent when you can own? This beautifully updated 3BR/2BA home offers the perfect opportunity for first-time buyers looking for affordability, style, and convenience. Completely renovated in 2023 and move-in ready, this home blends modern updates with historic charm and features an open floor plan ideal for everyday living and entertaining. Enjoy a spacious kitchen and living area, updated baths, and a fenced backyard with a large deck perfect for relaxing or hosting friends. Located just 10 minutes from downtown Birmingham and UAB, you’ll love the convenience of city living without the high price tag. Birmingham was recently ranked by Zillow as the second-best city in the nation for first-time homebuyers. Low and no down payment loan options may be available, plus City of Birmingham closing cost grant programs for qualified buyers.

803 78th Street, Birmingham

Listing courtesy of ARC Realty Vestavia.

$239,900
4 Beds 3 Baths 21453297 MLS
OPEN SUN 7/26 2p-4p! This wonderful home sits right at the end of one of the most desirable streets in East Lake. 77th Way ends at Ruffner Mountain and features some of the coolest homes in the area! This four bedroom 2 1/2 bathroom home has so much to offer. On the main level -you have a large living room and formal dining room with a modern updated kitchen (perfect for entertaining), spacious primary bedroom with attached half bath and full bath with original tile. In the basement, you’ll find a full den, bedroom, and full bathroom. But the real star of the show is the front yard with mature, producing fruit trees, blueberry bushes and garden beds, ready to grow your favorite foods! The backyard is ready for your imagination. A little bit of clearing will reveal a chicken coop! Come and see the most charming house on the most charming street in East Lake! 100% FINANCING GREAT RATE WITH NO MORTGAGE INSURANCE AVAILABLE THROUGH PARTNER LENDER- CALL TO SEE IF YOUR CLIENT QUALIFIES

873 77th Way, Birmingham

Listing courtesy of Semaan Realty.

$189,000
2 Beds 2 Baths 21452231 MLS
Classic bungalow style with modern updates in the heart of Woodlawn! This home welcomes you with a charming front porch - the perfect place to enjoy the neighborhood with a cup of coffee. Inside, the open floor plan has a nice living room and dining space that leads to the kitchen. The kitchen has butcher block counters, stainless steel appliances, and new backsplash. The master bedroom has an updated ensuite bathroom with large, walk-in shower. The second bedroom has access to an updated bath with tub/shower combo. Outside, the open back deck is ideal for entertaining and overlooks the flat backyard. 1BR/1BA back house can be rented or makes for the perfect place for guests. Don't miss this opportunity!

117 66th Street, Birmingham

Listing courtesy of RealtySouth-MB-Cahaba Rd.

$84,000
3 Beds 1 Baths 21451724 MLS
Welcome to 730 81st St S in Birmingham, a charming 3-bedroom, 1-bath home offering a great opportunity for both first-time homebuyers and savvy investors. This home features recent updates that add comfort and value priced under $100,000. Inside, you’ll find a functional layout with ample natural light and inviting living spaces perfect for everyday living. Whether you're looking to move right in or add to your rental portfolio, this property checks the boxes. This home has a huge backyard perfect for entertaining family and friends. Conveniently located just minutes from the interstate and the Birmingham-Shuttlesworth International Airport, this home offers easy access to commuting, travel, shopping, and dining. Affordable, well-located, and full of potential—don’t miss your chance to make this property yours!

730 81st Street, Birmingham

Listing courtesy of eXp Realty, LLC Central.

$60,000
2 Beds 1 Baths 21449772 MLS
Located in the established East Lake neighborhood, this 2-bedroom, 1-bathroom home offers a great opportunity for investors or those looking for a project in a convenient location. This home has experienced fire damage — enter at your own risk. Positioned on a residential street along Division Avenue, the property is just minutes from East Lake Park, known for its walking trails, lake, and recreational amenities. Enjoy close proximity to Downtown Birmingham, as well as nearby areas like Avondale and Woodlawn for dining, shopping, and entertainment. Convenient access to major roadways, including I-20 and I-59, makes commuting easy, and Birmingham-Shuttlesworth International Airport is just a short drive away. This property is being sold AS-IS and presents a unique opportunity in a growing area with strong accessibility and neighborhood charm.

7020 Division Avenue, Birmingham

Listing courtesy of Ray & Poynor Properties.

$41,000
3 Beds 1 Baths 21448179 MLS
Investor Special – Value-Add Opportunity with Strong Upside 7204 Rome Ave presents an excellent opportunity for investors seeking their next renovation project. Property is vacant and previously tenant-occupied, offering a solid starting point for a cosmetic and systems update. Home is livable but will benefit from renovation, including repair of kitchen, bathroom, and interior updates. Ideal candidate for a fix & flip or long-term rental strategy. Strong investment potential in a market with consistent investor activity. 5 Property sold strictly As-Is. Cash or renovation financing preferred. Proof of funds required with all offers. Bring your contractor and your vision — opportunities like this move quickly. Priced for investors and renovation buyers — Cash Buyers Preferred Sold As-Is

7204 Rome Avenue, Birmingham

Listing courtesy of Sell Your Home Services.

$115,000
4 Beds 1 Baths 21447164 MLS
Renovated & Move-In Ready with Major Updates! This updated home offers space, functionality, and peace of mind with improvements throughout. Now featuring a new 4th bedroom and added closet space, this home provides flexibility for family, guests, or a home office. Enjoy a brand-new metal roof, updated electrical with grounded and GFI outlets, and plumbing serviced to meet Section 8 guidelines. Inside, you’ll find refreshed drywall, repaired woodwork, new ceiling tiles, and a bathroom upgrade with a new vanity, toilet, and refinished tub. Additional improvements include repaired windows, new locks, closet doors, smoke and carbon monoxide detectors, and full interior and exterior cleanup. Exterior updates include siding repairs, paint touch-ups, and trimmed trees for added curb appeal. Updated to meet Section 8 standards, this home offers value and livability. Seller owns multiple properties and is open to selling as a package deal 1254 Lewis St and 5301 Main St.

7524 2nd Avenue, Birmingham

Listing courtesy of River City Real Estate Group.