3004 AVENUE W, Birmingham, AL 35208

Birmingham
Local realty services provided by:ERA Waldrop Real Estate
3004 AVENUE W,Birmingham, AL 35208
$699,900
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: abra barnes
Office: barnes & associates
MLS#:21462453
Source:AL_BAMLS

Price summary

  • Price:$699,900

About this home

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.

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Home facts

  • Year built:1988
  • Listing ID #:21462453
  • Added:43 day(s) ago
  • Updated:September 30, 2026 at 08:23 AM

Rooms and interior

  • Flooring:Laminate

Heating and cooling

  • Cooling:Central with Individual Control
  • Heating:Central w/ind Ctrl

Structure and exterior

  • Year built:1988
  • Construction Materials:Brick, 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:$699,900

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