2805 AVENUE E, Birmingham, AL 35218
Local realty services provided by:ERA King Real Estate Company, Inc.
Listed by: abra barnes
Office: barnes & associates
MLS#:21462575
Source:AL_BAMLS
Price summary
- Price:$699,900
About this home
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.
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Home facts
- Year built:1983
- Listing ID #:21462575
- Added:1 day(s) ago
- Updated:August 19, 2026 at 02:37 PM
Rooms and interior
- Flooring:Laminate
Heating and cooling
- Cooling:Central Control
- Heating:Central Conrol
Structure and exterior
- Year built:1983
- Construction Materials:Brick, Siding
- Foundation Description:Slab
Schools
- High school:JACKSON-OLIN
- Middle school:BUSH HILLS ACADEMY
- Elementary school:WYLAM
Utilities
- Water:Public Water
- Sewer:Sewer Connected
Finances and disclosures
- Price:$699,900
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