2327 MORRIS AVENUE, Birmingham, AL 35203
Local realty services provided by:ERA Waldrop Real Estate
Listed by: jasper cleage
Office: keller williams realty vestavia
MLS#:21420512
Source:AL_BAMLS
Price summary
- Price:$274,900
- Price per sq. ft.:$264.58
About this home
Repositioned Downtown Income Asset – Proven Revenue + Flexible Use Strategically repositioned to align with current yield expectations, this fully furnished 1,040 SF top-floor unit offers documented short-term rental performance with recent annual revenue around $30,000. No rental restrictions allow continued STR operation, mid-term rental, long-term furnished leasing (approx. $2,200/month potential), or future owner-occupant use — providing operational and exit flexibility. Sold turnkey and fully furnished for immediate income. HOA is $245/month and includes gas and water/sewer, creating predictable operating costs. Separate den/office area enhances rental appeal. Top-floor location with no upstairs neighbors. Seller offering up to a $10,000 Buyer Choice Incentive toward rate buydown, closing costs, or price adjustment. A stabilized downtown asset at a repositioned basis with built-in optionality.
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Home facts
- Year built:1910
- Listing ID #:21420512
- Added:257 day(s) ago
- Updated:February 12, 2026 at 04:42 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,039 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1910
- Building area:1,039 sq. ft.
Schools
- High school:CARVER
- Middle school:WHATLEY
- Elementary school:WHATLEY
Utilities
- Water:Public Water
- Sewer:Sewer Connected
Finances and disclosures
- Price:$274,900
- Price per sq. ft.:$264.58
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