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$470,000
21464590 MLS
INVESTMENT OPPORTUNITY in Birmingham’s Titusville community! This 11-unit multifamily property consists entirely of 1-bedroom units and currently generates approximately $4,800/month in gross rental income, or $57,600 annually. Current rents include four units at $500/month (one Section 8) and seven units at $400/month, offering potential for future rental growth subject to market conditions. Annual property taxes are approximately $1,500. Located just minutes from UAB, Downtown Birmingham, I-65 and the growing Parkside/Southside area, the property is positioned near some of Birmingham’s largest employment, medical and educational centers. Titusville is also seeing continued neighborhood investment, including infrastructure improvements and the growing six-acre Titusville Social Commons community hub, bringing together employers, nonprofits, educational programs, coworking and event space.

335 Iota Ave S, Birmingham

Listing courtesy of Bham Realty, LLC.

$699,900
21462575 MLS
VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY! This offering includes two 6-unit buildings totaling 12 units in Birmingham's Ensley community, conveniently located near the Birmingham CrossPlex, Downtown Birmingham, UAB, shopping, dining, and major transportation corridors. The property features 12 - 2-bedroom, 1.5-bath units, each with central HVAC, washer/dryer connections, and separately metered utilities. Currently 80% occupied, the property provides immediate income with vacant units available to turn and reposition. Current rents are below market, creating significant upside through renovations, improved management, and rent optimization. Priced below appraised value, this is an excellent opportunity for an investor seeking a multifamily asset with existing cash flow and strong value-add potential.

2805 Ave E, Birmingham

Listing courtesy of Barnes & Associates.

$170,000
21461333 MLS
Distressed property, priced accordingly. This is an ideal property for investors or flippers! Trash out has been completed. End units are 1 bedroom 1 bath, Main level offers four 2 bedroom, 1 bath. The backyard offers plenty of space for creating a common area for tenants.2 Storage buildings convey. Cash sale only. No hard money loans will be considered. Located within 2 miles of the new Coca Cola Amphitheater, Protective Stadium, the Birmingham Jefferson Civic Center, and Star Uptown - a major mixed use development to include single family, multi-family, retail, restaurants, offices, and entertainment. Less than 4 miles to UAB. Bring your vision and creativity to renovate this building into something special. Keep it in your investment portfolio or flip it. Do not walk the property without appointment.

1711 36th St N, Birmingham

Listing courtesy of IXL Real Estate Birmingham.

$1,900,000
21449152 MLS
Welcome to 500 Tuscaloosa Ave a 20-unit income producing apartment complex Birmingham, AL offering immediate cash flow with additional upside potential. This property features all 2/1 units, with 17 units fully renovated between 2022–present. Renovations include updated interiors, new flooring, cabinetry, appliances, and major system upgrades. All renovated units have new HVAC systems and tankless water heaters, providing long-term efficiency and reduced maintenance costs. Currently, the property is primarily stabilized, with:19-income-producing units 1 vacant unit-ready for lease or renovation completion) 2 units positioned for full renovation (value-add opportunity) The property generates strong income, with current rent roll totaling approximately $16,500/month. Additional features include: Washer & dryer connections in units. Updated interiors and systems across majority of units. Consistent rental demand in the area. Professional management currently in place.

500 Tuscaloosa Ave Sw, Birmingham

Listing courtesy of First Class Realty Services, L.

$1,610,000
21456164 MLS
Amazing Investment Portfolio Opportunity. Strong income and value increasing with booming Woodlawn growth in Birmingham AL - total of 23 units. Seller will only sell as portfolio - will not sell separately. ($1,610,000) One 10-unit, one 9 unit and One quartlex, Roofs were replaced in 2020, flooring updated and washer/dryer connections added to all units. Central HVAC however owner switching to window units as needed as the older tye of central HVAC is no longer availble to purchase. All 3 buildings showcase light filled open concept living/dining rooms with spacious kitchens, generous sized bedrooms with ample closet space and washer/dryer hook-ups in all units. Quiet neighborhood in booming South Woodlawn, close to public transportation, shopping, interstate and the airport. Tenants pay all utilities. Total electric. Agt Interest/Owned (Y/N) Yes

136 And 137 59th St, Birmingham

Listing courtesy of Goal Realty LLC.

$1,195,000
21439511 MLS
18 UNIT APARTMENTS! Income Producing Property! An amazing opportunity to own an income producing asset! Minutes from the new Coca Cola Amphitheater, Uptown, The new Carraway Project, Protective Stadium, Top Golf, Downtown restaurants and attractions, and interstate access! This 18 unit apartment complex features 17 units that are 2 Bedroom/1 Bathroom with one unit being 1 Bedroom/1 Bathroom apartment homes Completely remodeled to include new plumbing, new fixtures, new bathrooms, new lighting, new kitchens, new HVAC's on some units, new tile, flooring, new paint exterior and interior...Move in ready for your next instant income producing opportunity! The perfect location in Birmingham! PRICED TO SELL!!

1469 Pearson Ave Sw, Birmingham

Listing courtesy of EXP Realty LLC.