1517 CULLMAN AVENUE, Birmingham, AL 35208

Birmingham
Local realty services provided by:ERA King Real Estate Company, Inc.
1517 CULLMAN AVENUE,Birmingham, AL 35208
$2,975,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joey valekis, billy valekis
Office: arc realty vestavia
MLS#:21462708
Source:AL_BAMLS

Price summary

  • Price:$2,975,000

About this home

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.

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Home facts

  • Year built:1930
  • Listing ID #:21462708
  • Added:1 day(s) ago
  • Updated:August 20, 2026 at 08:50 PM

Rooms and interior

  • Flooring:Laminate, Wall-to-Wall Carpet

Heating and cooling

  • Cooling:Window Units
  • Heating:Window Unit(s)

Structure and exterior

  • Year built:1930
  • Construction Materials:Siding
  • Foundation Description:Crawl Space

Schools

  • High school:JACKSON-OLIN
  • Middle school:BUSH HILLS ACADEMY
  • Elementary school:MINOR

Utilities

  • Water:Public Water
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,975,000

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