817 LEXINGTON STREET, Birmingham, AL 35224

Birmingham
Local realty services provided by:ERA Waldrop Real Estate
817 LEXINGTON STREET,Birmingham, AL 35224
$359,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeremy galloway
Office: exp realty llc.
MLS#:21467628
Source:AL_BAMLS

Price summary

  • Price:$359,000

About this home

Five-structure, six-unit income package on Birmingham’s west side. Two units leased at $950 and $900 under current leases, with in-place rent of $1,850 per month. Four 3-bed/1-bath houses and a 1/1 duplex, separately metered. The duplex was renovated in the past two years and is ready for a renter. Two vacant 3/1 units are being turned over. Projected NOI is about $38,800 on $60,600 gross potential at market rents, a 10.8% cash-on-cash return, and a cap rate at list price. Projections are estimates. Buyers should verify rents, expenses, and taxes. Buyer and/or Buyer’s Agent must verify all information related to the property.

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Home facts

  • Year built:1939
  • Listing ID #:21467628
  • Added:3 day(s) ago
  • Updated:October 17, 2026 at 02:38 PM

Rooms and interior

  • Flooring:Vinyl, Wall-to-Wall Carpet

Heating and cooling

  • Cooling:Central Control
  • Heating:Central Conrol

Structure and exterior

  • Year built:1939
  • Construction Materials:Siding
  • Foundation Description:Crawl Space

Schools

  • High school:JACKSON-OLIN
  • Middle school:GREEN ACRES
  • Elementary school:WYLAM

Utilities

  • Water:Public Water
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$359,000

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