2112 MARTIN LUTHER KING DRIVE, Jasper, AL 35501

Local realty services provided by:ERA King Real Estate Company, Inc.
2112 MARTIN LUTHER KING DRIVE,Jasper, AL 35501
$500,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jordan miles
Office: realtysouth the harbin company
MLS#:21441236
Source:AL_BAMLS

Price summary

  • Price:$500,000

About this home

Cash-Flowing 8-Unit Apartment Complex in Jasper, Alabama – Turnkey and Ready to Go! Professionally managed 8-unit apartment complex with room for value add. All units are spacious 2 bed / 1 bath, 1,000 sq. ft. each. Rents are currently $800 per month, and as tenants cycle out and the units are refreshed, we’re increasing them to $850+ — building in immediate upside for the next owner. With a mix of Section 8 and regular tenants, the apartments stay at a 90% or higher occupancy rate. Walker County has a rental shortage and a large demand for Section 8 rentals. The property is clean, updated, and consistently maintained. Water and dumpster service are paid by the owner, with everything else handled by professional management already in place. This means zero headaches and steady cash flow from day one. Whether you’re a local investor looking to expand your portfolio or a first-timer wanting a turnkey opportunity, this property delivers strong returns and room for even more growth.

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Home facts

  • Year built:1980
  • Listing ID #:21441236
  • Added:276 day(s) ago
  • Updated:January 19, 2026 at 05:03 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric, Individual Units
  • Heating:Electric, Heat Pump, Individual Units

Structure and exterior

  • Year built:1980

Schools

  • High school:JASPER
  • Middle school:MADDOX
  • Elementary school:WEST JASPER

Utilities

  • Water:Public Water
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$500,000

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