birminghampremierhomes.com Search Results

$1,350,000

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.

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.

$348,000

Cash-flowing 5-unit multifamily in Birmingham's Fairview neighborhood — professionally managed and ready to perform. Four units currently occupied with a mix of Section 8 and market-rate tenants; one unit recently fully renovated and ready for immediate lease-up. Brick construction, individual heat pumps, tenant-paid utilities, and on-site landscaping service keep operations lean. Stabilized pro forma at $3,185/month gross income delivers a 7.3% cap rate at list price. Managed by Watts Realty — financials available upon request. Call listing agent. Do not disturb tenants.

21456692 MLS

Cash-flowing 5-unit multifamily in Birmingham's Fairview neighborhood — professionally managed and ready to perform. Four units currently occupied with a mix of Section 8 and market-rate tenants; one unit recently fully renovated and ready for immediate lease-up. Brick construction, individual heat pumps, tenant-paid utilities, and on-site landscaping service keep operations lean. Stabilized pro forma at $3,185/month gross income delivers a 7.3% cap rate at list price. Managed by Watts Realty — financials available upon request. Call listing agent. Do not disturb tenants.

3012 Avenue X, Birmingham

Listing courtesy of Keller Williams Realty Vestavia.

$1,610,000

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

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 Street, Birmingham

Listing courtesy of Goal Realty LLC.

$1,900,000

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.

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 Avenue, Birmingham

Listing courtesy of First Class Realty Services, L.

$525,000

Great opportunity! Cherokee Court Apts. available total of 16 units +2 duplexes property is being sold in as is condition.

21448404 MLS

Great opportunity! Cherokee Court Apts. available total of 16 units +2 duplexes property is being sold in as is condition.

7720 2nd Avenue N, Birmingham

Listing courtesy of Jemison Realty Company 1.

$280,000

Discover exceptional income potential with this brick 5-plex just steps away from the brand-new Coca-Cola Amphitheater, one of Birmingham’s most exciting entertainment developments. Each of the five units features 2 bedrooms and 1 bathroom. Each unit will need AC installed and interior repairs before rent ready. Property has ample onsite parking and out door space for all tenents. The only expense while owner was renting was yard maintanence and a dumpster for tenants. Five 2BR/1BA units ideal size for long-term tenants or short term rentals. Property is priced considering the repairs needed to get back to rent ready condition. Current market rents range $700 - $800/mo. Located in a rapidly revitalizing corridor of North Birmingham, with the Coca-Cola Amphitheater, Uptown, BJCC, Protective Stadium, and much more to come!

21446927 MLS

Discover exceptional income potential with this brick 5-plex just steps away from the brand-new Coca-Cola Amphitheater, one of Birmingham’s most exciting entertainment developments. Each of the five units features 2 bedrooms and 1 bathroom. Each unit will need AC installed and interior repairs before rent ready. Property has ample onsite parking and out door space for all tenents. The only expense while owner was renting was yard maintanence and a dumpster for tenants. Five 2BR/1BA units ideal size for long-term tenants or short term rentals. Property is priced considering the repairs needed to get back to rent ready condition. Current market rents range $700 - $800/mo. Located in a rapidly revitalizing corridor of North Birmingham, with the Coca-Cola Amphitheater, Uptown, BJCC, Protective Stadium, and much more to come!

1616 18th Place, Birmingham

Listing courtesy of Bham Realty, LLC.

$550,000

Great opportunity for a savvy investor! 4 unit apartment Building Located in Forest Park Historical area. Close to UAB downtown shopping and restaurants.

21445641 MLS

Great opportunity for a savvy investor! 4 unit apartment Building Located in Forest Park Historical area. Close to UAB downtown shopping and restaurants.

915 40th Street, Birmingham

Listing courtesy of Jemison Realty Company 1.

$1,195,000

18 fully occupied 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 18 units that are 2 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!!

21439511 MLS

18 fully occupied 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 18 units that are 2 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 Avenue, Birmingham

Listing courtesy of EXP Realty LLC.

$810,000

LAH Sotheby's International Realty is proud to present this 12 unit value add Multifamily deal located just 4 minutes from Coca-Cola Amphitheater and Downtown Birmingham Alabama. Property consists of 12 2BR 1BA units with washer/dryer connections, updated finishes throughout each unit, updated plumbing and electrical, and new windows. Property is currently in lease up stage with 10 out of the 12 units rented. Rents are well under market, thus providing upside for a new owner. Call Alex Kyriazis 251-591-9390 for additional information.

21430948 MLS

LAH Sotheby's International Realty is proud to present this 12 unit value add Multifamily deal located just 4 minutes from Coca-Cola Amphitheater and Downtown Birmingham Alabama. Property consists of 12 2BR 1BA units with washer/dryer connections, updated finishes throughout each unit, updated plumbing and electrical, and new windows. Property is currently in lease up stage with 10 out of the 12 units rented. Rents are well under market, thus providing upside for a new owner. Call Alex Kyriazis 251-591-9390 for additional information.

2408 19th Avenue, Birmingham

Listing courtesy of LAH Real Estate, Inc..

$599,900

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.

21428771 MLS

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.

7735 Rugby Avenue, Birmingham

Listing courtesy of RealtySouth-Homewood.