- $600,000
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Duplex & Multi Family For Sale in 35254, AL
21 Homes
Great opportunity to own a well maintained, income producing property! This property is fully occupied with long term tenants and currently generates over $31,000 in gross annual rental income. Looking to expand your investment portfolio? The seller also has two additional single family rental properties available, both occupied by long term tenants. MLS 21467504 & MLS 21467509 Purchase the full package and enjoy a combined gross rental income of over $42,000 per year! *PLEASE DO NOT DISTURB TENANTS.* Property inspections will be scheduled after an acceptable offer has been received. An excellent opportunity for an investor looking for established rental income with tenants already in place! ALL OFFERS MUST BE APPROVED BY JEFFERSON COUNTY PROBATE COURT.
- $395,000
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Great Investment opportunity in the heart of Ensley near 5 points west! This income-producing duplex features two spacious units, each offering 2 bedrooms, 1 bath, living room, eating area, and fenced backyard space. Situated on a desirable corner lot, both units are currently tenant occupied, providing immediate rental income for investors. Conveniently located near schools, shopping, and major roadways. Whether you're looking to expand your rental portfolio or secure a solid cash-flowing property, this duplex is a must-see opportunity!
- $149,900
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Discover exceptional income potential with this brick 5-plex just steps away from the brand-new Coca-Cola Amphitheater, one of Birmingham’s most exciting entertainment developments. Each of the five units features 2 bedrooms and 1 bathroom. Each unit will need AC installed and interior repairs before rent ready. Property has ample onsite parking and out door space for all tenents. The only expense while owner was renting was yard maintanence and a dumpster for tenants. Five 2BR/1BA units ideal size for long-term tenants or short term rentals. Property is priced considering the repairs needed to get back to rent ready condition. Current market rents range $700 - $800/mo. Located in a rapidly revitalizing corridor of North Birmingham, with the Coca-Cola Amphitheater, Uptown, BJCC, Protective Stadium, and much more to come!
- $240,000
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Fully occupied, turn-key triplex just minutes from downtown Birmingham, offering immediate in-place income and future rental upside. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, totaling five bedrooms and three bathrooms. All three units are occupied and generate $2,068 per month in gross rent, or $24,816 annualized, with room for growth as market rents in the area continue to rise. Income has stabilized and trended upward since Unit 3 returned online at the beginning of 2026, with September posting the strongest NOI of the trailing 12 months. Financing options include cash, conventional, or DSCR. Buyer to verify all information of importance, including taxes, fees, and school information.
- $189,000
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Investment Opportunity: Four-Unit Apartment Building - Excellent opportunity to acquire a well-proportioned quadraplex featuring four spacious residential units. Each unit offers one bedroom, one full bathroom, and approximately 750 square feet of living space, an appealing layout for tenants seeking comfort, privacy, and manageable living. With approximately 3,000 square feet of total unit living area, this four-unit property presents strong potential for an investor looking to expand a rental portfolio or an owner-occupant interested in living in one unit while generating income from the others. The consistent one-bedroom, one-bathroom floor plans may simplify leasing, maintenance, and property management. Located just minutes away from Protective Stadium, Legion Field, public transit, health care and all downtown has to offer makes this quadplex easy to rent with minimal vacancy. Contact the listing representative for more property details today!
- $304,900
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$5K
INVESTMENT OPPORTUNITY in Birmingham’s Titusville community! This 11-unit multifamily property consists entirely of 1-bedroom units and currently generates approximately $4,800/month in gross rental income, or $57,600 annually. Current rents include four units at $500/month (one Section 8) and seven units at $400/month, offering potential for future rental growth subject to market conditions. Annual property taxes are approximately $1,500. Located just minutes from UAB, Downtown Birmingham, I-65 and the growing Parkside/Southside area, the property is positioned near some of Birmingham’s largest employment, medical and educational centers. Titusville is also seeing continued neighborhood investment, including infrastructure improvements and the growing six-acre Titusville Social Commons community hub, bringing together employers, nonprofits, educational programs, coworking and event space.
- $470,000
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Great opportunity to purchase four individual quadplexes offering a mix of two-bedroom and three-bedroom units for a total of 16 units. Addresses are 1124, 1128, 1132, and 1140 4th Avenue West, Birmingham, AL 35204. This multifamily portfolio provides an excellent investment opportunity with multiple units and income-producing potential. Updates in some units. Buyer and buyer’s agent should independently expenses, occupancy, unit details, schools, square footage, and other information important to the purchase.
- $675,000
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$24K
Excellent investment opportunity at 1850 17th Ct N, Birmingham, AL 35234. This property features 6 units and offers strong potential for an investor looking to add a multifamily property to their portfolio. Conveniently located near downtown Birmingham, major roadways, shopping, dining, and other amenities. Great opportunity for rental income and future investment growth.
- $425,000
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Don't miss this great investment opportunity. Each unit of this single story duplex features a one bedroom and one bathroom layout complete with a living room and eat in kitchen. Built with a brick and frame exterior on a concrete slab foundation, this multifamily asset offers efficient floor plans and convenient access to Interstate 20 via Arkadelphia Road for a quick commute to Downtown Birmingham and the UAB district.
- $80,000
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Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income.
- $2,975,000
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Welcome to 1629 11th Ct N, a fully remodeled gem nestled in the heart of Uptown Birmingham, thoughtfully converted into a duplex offering 2 bedrooms and 2 full bathrooms on each side, perfect for savvy investors, house-hackers, or anyone looking for flexible living with built-in income potential. Currently operating as a successful Airbnb, this home comes fully furnished, with every piece of furniture and every appliance staying, making it a true turnkey opportunity from day one (gross income sheet available upon request for serious buyers). Location is everything, and this one delivers, as you're just steps from the BJCC, Protective Stadium, and the Coca-Cola Amphitheater, putting concerts, conventions, sporting events, and Uptown's best restaurants and nightlife right at your doorstep. And here's the best part, this home offers true flexibility for the future, as it can easily be converted back into a spacious single-family home simply by removing one interior wall, giving you option
- $245,000
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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.
- $699,900
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Fully occupied 5-unit multifamily in Birmingham's Fairview neighborhood — 100% occupied with stable, long-term tenants and zero vacancy. Mix of market-rate and Section 8 residents; one unit fully renovated in 2026. Brick construction, individual heat pumps, tenant-paid utilities. Gross income $3,125/month — professionally managed by Watts Realty. Financials available upon request. Call listing agent. Do not disturb tenants.
- $348,000
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Great investment opportunity! This duplex features two 2-bedroom, 1-bath units, with one unit currently rented for immediate income potential. Don’t miss out. Schedule your showing today!
- $150,000
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This fully renovated triplex is already cash-flowing and ready to perform. The property features three spacious, tenant-occupied units, providing immediate rental income from day one: Unit 1 offers 1 bedroom, 1 bathroom, plus a bonus den; Unit 2 features 3 bedrooms and 2 bathrooms; and Unit 3 is a studio. Ideally located just minutes from downtown Birmingham, City Walk, Protective Stadium, and a wide variety of dining and entertainment, this property sits in a prime, high-demand area with continued growth and investment potential. With modern updates throughout and strong tenant appeal, this turnkey multi-family asset offers steady income now with long-term upside. Whether you are expanding your portfolio or stepping into multi-family investing, this is an opportunity you do not want to miss.
- $349,900
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Investor Special – 4-Unit Multifamily Opportunity! Don’t miss this incredible opportunity to own a 4-unit income-producing property with endless potential! Whether you’re looking to expand your rental portfolio or step into multifamily investing, this property is a solid value-add opportunity. Each unit offers a functional layout, making it ideal for long-term tenants or potential upgrades to increase rental income. With the right vision and improvements, this property could deliver strong cash flow and long-term equity growth.
- $198,000
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Welcome to 500 Tuscaloosa Ave a 20-unit income producing apartment complex Birmingham, AL offering immediate cash flow with additional upside potential. This property features all 2/1 units, with 17 units fully renovated between 2022–present. Renovations include updated interiors, new flooring, cabinetry, appliances, and major system upgrades. All renovated units have new HVAC systems and tankless water heaters, providing long-term efficiency and reduced maintenance costs. Currently, the property is primarily stabilized, with:19-income-producing units 1 vacant unit-ready for lease or renovation completion) 2 units positioned for full renovation (value-add opportunity) The property generates strong income, with current rent roll totaling approximately $16,500/month. Additional features include: Washer & dryer connections in units. Updated interiors and systems across majority of units. Consistent rental demand in the area. Professional management currently in place.
- $1,699,000
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$201K
THIS PROPERTY HAS BEEN DEMOLISHED BY THE CITY OF BIRMINGHAM
- $15,000
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For the savvy investor, here are some Income-Producing Apartments in a Revitalizing Birmingham Neighborhood. These 14 units apartments are less than a mile from downtown in a upcoming desire area of the Fountain Heights community. The property is very close to downtown, offering easy access to the city's expanding attractions, including the new City Walk, Protective Stadium, and the Civic Center. This makes it highly appealing to tenants seeking convenience to the amenities in the area. All units are two bedrooms, one bath, living room, kitchen, and laundry area. Discover an excellent opportunity to acquire income-producing apartments at 1124 15th Street North in Birmingham's Fountain Heights neighborhood. This property, built in 1974, offers units that, while needing some TLC, present a solid foundation for a value-add strategy. Each unit includes central air and heat, along with washer/dryer hookups.
- $810,900
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Exceptional investment opportunity! This 12-unit apartment building offers spacious 2-bedroom, 1-bathroom units, each boasting 800 square feet. A potential of $6,500 gross income, the property provides a solid foundation for investors looking to attract tenants in Birmingham’s booming rental market. Conveniently located near downtown amenities, this property promises excellent rental potential and long-term appreciation. Act fast—opportunities like this don't last!
- $600,000
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Frequently Asked Questions about 35254, AL
The best and safest neighborhoods to live in 35254 in October 2026 are Forest Park, Redmont Park, Sand Ridge, Highland Park, Crestwood North, Five Points South, Glen Iris, Norwood, South Roebuck, College Hills, Bush Hills, South Eastlake, Smithfield Estates, Belview Heights, Druid Hills, Roebuck, Fountain Heights, Ensley Highlands, Central Park, East Thomas