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1435 Cherry Ave, Birmingham
$249,999
21467295 MLS
Dual-Home Investment: Two Single-Family Houses on 1.8 Acres! Unlock incredible cash flow with this turnkey multi-family property featuring two detached homes on a massive 1.8-acre lot. Zero immediate capital expenditures needed—major updates completed between 2024 and 2026! Front House (1433): 3 Bed / 2 Bath (1,544 sq. ft.). Occupied by a dependable Section 8 tenant. Rear House (1435): 3 Bed / 1 Bath. Major Upgrades (2024–2026): Both roofs replaced (2024) Updated electrical & PEX plumbing (2024) Front house HVAC (2026) & drainage lines (2026); rear house HVAC (2020) Refreshed kitchens, bathrooms, flooring, fixtures, & paint throughout. A rare chance for immediate cash flow plus immense upside potential!

1435 Cherry Ave, Birmingham

Listing courtesy of FlatFee.com.

500 16th St, Birmingham
$395,000
21466917 MLS
Great opportunity to own a well maintained, income producing property! This property is fully occupied with long term tenants and currently generates over $31,000 in gross annual rental income. Looking to expand your investment portfolio? The seller also has two additional single family rental properties available, both occupied by long term tenants. MLS 21467504 & MLS 21467509 Purchase the full package and enjoy a combined gross rental income of over $42,000 per year! *PLEASE DO NOT DISTURB TENANTS.* Property inspections will be scheduled after an acceptable offer has been received. An excellent opportunity for an investor looking for established rental income with tenants already in place! ALL OFFERS MUST BE APPROVED BY JEFFERSON COUNTY PROBATE COURT.

500 16th St, Birmingham

Listing courtesy of ReGroup Sales and Development.

1616 18th Pl, Birmingham
$240,000
21466040 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 Pl, Birmingham

Listing courtesy of Bham Realty, LLC.

1337 Alabama Ave Sw, Birmingham
$189,000
21465651 MLS
Fully occupied, turn-key triplex just minutes from downtown Birmingham, offering immediate in-place income and future rental upside. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, totaling five bedrooms and three bathrooms. All three units are occupied and generate $2,068 per month in gross rent, or $24,816 annualized, with room for growth as market rents in the area continue to rise. Income has stabilized and trended upward since Unit 3 returned online at the beginning of 2026, with September posting the strongest NOI of the trailing 12 months. Financing options include cash, conventional, or DSCR. Buyer to verify all information of importance, including taxes, fees, and school information.

1337 Alabama Ave Sw, Birmingham

Listing courtesy of EXP Realty LLC.

1316 16th St S, Birmingham
$400,000
21465504 MLS
**INVESTOR OPPORTUNITY IN SOUTH BIRMINGHAM!** This spacious 2,836 SF triplex is offered at $400,000 and features three income-producing units with an estimated total rental potential of $3,242/month ($38,904 annually, subject to change). The main level includes a 2BR/1BA and 1BR/1BA, each approximately 1,003 SF, while the 830 SF basement features an additional 2BR/1BA. All units are currently vacant, giving a new owner the opportunity to establish their own tenant base and leasing strategy. Recent improvements include kitchen and bathroom renovations. The upstairs units showcase impressive 12-foot ceilings, hardwood floors throughout, and tile in the kitchens and baths. The basement offers 8-foot ceilings and concrete floors. Built in 1910, the property also features street parking and a beautiful weeping willow in the rear common area. A compelling opportunity for investors seeking a multifamily property with existing updates and potential to optimize rental income.

1316 16th St S, Birmingham

Listing courtesy of SeBro Realty.

335 Iota Ave S, Birmingham
$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.

1626 11th Ct N, Birmingham
$245,000
21462597 MLS
Welcome to 1629 11th Ct N, a fully remodeled gem nestled in the heart of Uptown Birmingham, thoughtfully converted into a duplex offering 2 bedrooms and 2 full bathrooms on each side, perfect for savvy investors, house-hackers, or anyone looking for flexible living with built-in income potential. Currently operating as a successful Airbnb, this home comes fully furnished, with every piece of furniture and every appliance staying, making it a true turnkey opportunity from day one (gross income sheet available upon request for serious buyers). Location is everything, and this one delivers, as you're just steps from the BJCC, Protective Stadium, and the Coca-Cola Amphitheater, putting concerts, conventions, sporting events, and Uptown's best restaurants and nightlife right at your doorstep. And here's the best part, this home offers true flexibility for the future, as it can easily be converted back into a spacious single-family home simply by removing one interior wall, giving you option

1626 11th Ct N, Birmingham

Listing courtesy of Battle Realty & Company.

2805 Ave E, Birmingham
$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.

3004 Avenue W, Birmingham
$699,900
21462453 MLS
VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY! Don't miss this opportunity to acquire an 100% occupied, 11-unit apartment complex strategically located in Birmingham with convenient access to the Birmingham's CrossPlex, Downtown Birmingham, UAB, major employment centers and transportation corridors. The property consists of 11, 2-BR, 1-BA units, each equipped with central HVAC, washer/dryer connections, and separately metered utilities. The real opportunity is in the property's significant rental upside. Current rents are below prevailing market rates, creating an attractive value-add opportunity to increase revenue over time through strategic management, improvements, and rent optimization. With 100% occupancy and considerable room for rental growth, this property offers the potential to strengthen NOI and increase the property's long-term value. Priced below its appraised value, this 11-unit complex presents a compelling opportunity for an investor, looking to expand.

3004 Avenue W, Birmingham

Listing courtesy of Barnes & Associates.

1711 36th St N, Birmingham
$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.

500 Tuscaloosa Ave Sw, Birmingham
$1,699,000
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.

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