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$2,975,000
21462708 MLS
Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income.

1517 Cullman Avenue, Birmingham

Listing courtesy of ARC Realty Vestavia.

$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 Court, Birmingham

Listing courtesy of Battle Realty & Company.

$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 Avenue E, Birmingham

Listing courtesy of Barnes & Associates.

$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.

$269,900
21462104 MLS
Excellent investment opportunity! This well-maintained triplex is fully rented and generating rental income from day one. With three separate units, the property offers strong income potential and built-in diversification for an investor. Each unit provides the opportunity for consistent rental revenue, making this an attractive addition to any investment portfolio. Whether you're an experienced investor looking to expand or a first-time investor seeking an income-producing property, this triplex is worth a look. Fully occupied, income-producing, and ready for its next owner — don't miss this opportunity to add a cash-flowing multifamily property to your portfolio!

121 15th Avenue, Birmingham

Listing courtesy of RealtySouth-Inverness Office.

$560,000
21462029 MLS
12-unit multifamily property in Birmingham featuring twelve 1-bedroom, 1-bath units. Excellent opportunity for an investor seeking a multifamily asset. Buyers and agents to verify all information, including rents, leases, occupancy, expenses, zoning, and property condition.

3005 Avenue J, Birmingham

Listing courtesy of Keller Williams Homewood.

$275,000
21461546 MLS
Welcome to 2918 Rhodes Circle! This quadplex multifamily property features 1 2-bedroom, 2-bath unit and one 1-bedroom, 1-bath unit, & 2 studio units offering an excellent investment opportunity. Each unit offers functional living space, while the covered front porch adds to the property’s appeal. Conveniently located near all that downtown Birmingham has to offer, this property is ideally situated for tenants looking to enjoy dining, entertainment, shopping, and more. Schedule your showing today!

2918 Rhodes Circle, Birmingham

Listing courtesy of eXp Realty, LLC Central.

$150,000
21461508 MLS
Welcome to 2914 Rhodes Circle! This duplex offers a fantastic investment opportunity with two income-producing units: one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Each residence features a functional layout designed for comfortable everyday living, while the covered front porch enhances the property's curb appeal. Conveniently located just minutes from downtown Birmingham, tenants will enjoy easy access to local dining, shopping, entertainment, and major amenities. Whether you're looking to expand your investment portfolio or own a multifamily property in a desirable location, this duplex is full of potential. Don't miss your chance to see all this property has to offer.

2914 Rhodes Circle, Birmingham

Listing courtesy of eXp Realty, LLC Central.

$295,000
21461421 MLS
Welcome to 2900 Rhodes Circle! This triplex multifamily property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering an excellent investment opportunity. Each unit offers functional living space, while the covered front porch adds to the property’s appeal. Conveniently located near all that downtown Birmingham has to offer, this property is ideally situated for tenants looking to enjoy dining, entertainment, shopping, and more. Schedule your showing today!

2900 Rhodes Circle, Birmingham

Listing courtesy of eXp Realty, LLC Central.

$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 Street, Birmingham

Listing courtesy of IXL Real Estate Birmingham.

$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.

$399,000
21459752 MLS
QUADPLEX HOUSE FOR SALE! Weather your are a seasoned investor looking for a great deal OR a thrifty newcomer looking to start building wealth AND lowering expenses, this one is worth looking at. Stable, 3/4 occupied, $3,750/month gross rent. New exterior, (roof, windows, and siding), new finishes throughout. HOUSE HACK CASH FLOW: Live in Unit C rent-free + collect $2,790/month from units A, B, D. With financing as low as $2,160/month, you cash flow monthly while building wealth and equity. FOUR FINANCING OPTIONS READY: • FHA 3.5% down: $27,000 cash-to-close | $2,894/month PITI • Conventional 5% down: $33,000 cash-to-close | $2,749/month PITI • Conventional 20% down: $100,000 cash-to-close | $2,277/month PITI • Conventional 25% down: $123,000 cash-to-close | $2,160/month PITI Expert Alabama lender partnership locked in and ready. Move-in ready to cash flow. Please contact the listing agent for more information!

524 55th Street, Birmingham

Listing courtesy of Watts Realty Co Inc.

$40,000
21459281 MLS
Great investment opportunity in the EastLake area of Birmingham.

7428 2nd Avenue, Birmingham

Listing courtesy of Anderson Realty Company LLC.

$325,000
21458074 MLS
Excellent investment opportunity! This recently renovated fourplex offers updated units and strong income potential. Major improvements include a new HVAC system, enhancing comfort and efficiency for tenants. The property has been refreshed with modern updates, providing attractive living spaces designed for long-term rental appeal. Conveniently located near downtown Birmingham, shopping, dining, public transportation, and major highways, this multifamily property is well-positioned for both tenant demand and investor returns. Whether you're looking to expand your portfolio or secure a turnkey income-producing asset, this updated fourplex is a must-see

8001 1st Avenue, Birmingham

Listing courtesy of FlatFee.com.

$348,000
21456692 MLS
Fully occupied 5-unit multifamily in Birmingham's Fairview neighborhood — 100% occupied with stable, long-term tenants and zero vacancy. Mix of market-rate and Section 8 residents; one unit fully renovated in 2026. Brick construction, individual heat pumps, tenant-paid utilities. Gross income $3,125/month — professionally 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
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.

$210,000
21453907 MLS
Turnkey income-producing duplex in the heart of Birmingham featuring two spacious units, each offering over 1,200 sq ft with the feel and character of single-family homes. Both sides are occupied by reliable Section 8-supported tenants, providing consistent cash flow and ease of rent collection for investors. This property has been extensively renovated with major updates including plumbing, electrical, roof, HVAC systems, water heaters, flooring, kitchens, bathrooms, fixtures, and dedicated laundry areas for each unit. Blending historic charm with modern upgrades, this low-maintenance investment is ideally located just minutes from Downtown Birmingham with quick access to I-65, I-20, and I-59, making commuting convenient throughout the metro area. A strong addition to any investment portfolio with stable rental income already in place.

1222 10th Avenue, Birmingham

Listing courtesy of Keller Williams Pell City.

$150,000
21453114 MLS
Great investment opportunity! This duplex features two 2-bedroom, 1-bath units, with one unit currently rented for immediate income potential. Don’t miss out. Schedule your showing today!

449 7th Street, Birmingham

Listing courtesy of eXp Realty, LLC Central.

$699,000
21452976 MLS
Here is such an incredible & unique opportunity to own a Duplex in the heart of Forest Park. Located on a corner lot, this historic property features all the character you would expect from a 120+ year old property. High Ceilings, moldings, original hardwood flooring, tons of windows & fireplaces. Unit A features a charming front porch, spacious living room & large dining room. Both bedrooms are large & feature so much natural light from windows on 2 walls. The primary on the rear has a private bath. The white bright kitchen has laundry, quartz counters, newer dishwasher, refrigerator & access to a great private fenced in back yard. Unit B offers slightly more space with its sunroom overlooking 39th street. It has the same spacious bedrooms, kitchen, DR & LR w/fireplace. It has a wrap around deck that overlooks Glenwood Ave with a sunset view. Both units are currently leased until 2027. Central HVAC for both units, basement has storage, newer roof in the past 3 years & other updates.

925 39th Street Unit A & B, Birmingham

Listing courtesy of RealtySouth-MB-Crestline.

$349,900
21450717 MLS
This fully renovated triplex is already cash-flowing and ready to perform. The property features three spacious, tenant-occupied units, providing immediate rental income from day one: Unit 1 offers 1 bedroom, 1 bathroom, plus a bonus den; Unit 2 features 3 bedrooms and 2 bathrooms; and Unit 3 is a studio. Ideally located just minutes from downtown Birmingham, City Walk, Protective Stadium, and a wide variety of dining and entertainment, this property sits in a prime, high-demand area with continued growth and investment potential. With modern updates throughout and strong tenant appeal, this turnkey multi-family asset offers steady income now with long-term upside. Whether you are expanding your portfolio or stepping into multi-family investing, this is an opportunity you do not want to miss.

1742 17th Street, Birmingham

Listing courtesy of Town Square Realty.

$539,000
21450387 MLS
6-unit building fully renovated inside and out. All wiring, plumbing, roof, all fixtures, cabinets, doors, windows, Central HVAC, water heaters, waterproof flooring throughout all units, everything entirely new as of 2019. Each unit rented for $900/mo. Highly desirable and easy to fill any vacancies. Low maintenance and repairs. Professional management in place with positive tenant relations, offering 3 months free management for the ease of transition. All utilities paid by tenants. Owner pays trash and takes care of lawn and pest control if it arises.

6112 1st Avenue, Birmingham

Listing courtesy of Bear Flag Property Management.

$198,000
21450072 MLS
Investor Special – 4-Unit Multifamily Opportunity! Don’t miss this incredible opportunity to own a 4-unit income-producing property with endless potential! Whether you’re looking to expand your rental portfolio or step into multifamily investing, this property is a solid value-add opportunity. Each unit offers a functional layout, making it ideal for long-term tenants or potential upgrades to increase rental income. With the right vision and improvements, this property could deliver strong cash flow and long-term equity growth.

900 Ridge Place Unit 4, Birmingham

Listing courtesy of Town Square Realty.

$439,900
21449824 MLS
Investor opportunity in the heart of Cahaba Valley! This well-located triplex at 6614 Cahaba Valley Rd, Birmingham, AL 35242 offers excellent potential for both cash flow and long-term appreciation. Each unit features a functional layout designed for rental appeal, making it an ideal addition to any investment portfolio. Conveniently situated near shopping, dining, and major roadways, the property provides tenants with easy access to everyday amenities while maintaining a desirable residential setting. Whether you’re expanding your portfolio or entering the multifamily market, this triplex presents a rare opportunity to own income-producing property in a growing area of Birmingham. The basement unit will need to be finished out in order to lease. 2 bedroom unit currently leased for $1,810. 1 bedroom currently leased for $1,440.

6614 Cahaba Valley Road, Birmingham

Listing courtesy of ARC Realty Vestavia.

$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 Avenue, Birmingham

Listing courtesy of First Class Realty Services, L.

$525,000
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.

$125,000
21447761 MLS
Investor special! This income-producing duplex features two spacious units, one rented at $550/month to long-term, on-time paying tenant. And the other unit just recently leased for $750/mo. Total rents: $1,300/mo, There’s immediate upside potential for increased cash flow. Both units are in solid condition, and the property is professionally managed. Located in a growing area just minutes from downtown Birmingham, this is a great opportunity to add a stable, high-yield asset to your rental portfolio. Don’t miss out! Both units are separately metered and tenant covers all utility charges.

1228 Fulton Avenue, Birmingham

Listing courtesy of Bham Realty, LLC.

$215,000
21446687 MLS
Turnkey Duplex Investment Near Downtown Birmingham. Rare opportunity to own a fully renovated duplex just minutes from Downtown Birmingham, the Birmingham Airport, top restaurants, and the world-renowned UAB Hospital. With strong rental demand in this area, this property offers both immediate income and long-term upside for investors. Both units are currently leased, providing stable, predictable cash flow from day one: 5910 rents for $800/month through 4/30/2027. 5912 rents for $850/month through 9/30/2026. The property has been fully renovated, featuring new flooring, fresh paint, upgraded finishes, and brand-new HVAC systems in both units. Each side is all-electric for simplified maintenance and includes new appliances and a new tankless water heater, helping reduce future capital expenses. With its prime location near major employment centers and healthcare hubs, this duplex appeals to both tenants and investors seeking reliable occupancy. Showing upon accepted offer.

5912 2nd Avenue, Birmingham

Listing courtesy of eXp Realty, LLC Central.

$550,000
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.

$15,000
21444864 MLS
THIS PROPERTY HAS BEEN DEMOLISHED BY THE CITY OF BIRMINGHAM

2117 Avenue J, Birmingham

Listing courtesy of EXIT Realty Birmingham.

$1,195,000
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.