Home For Sale In Birmingham, Alabama

house for sale

Listed: 06/18/24

8017 1st Ave S, Birmingham, Alabama, 35206

12 Bed:

4 Bath:

980 Sq Ft Living Area:

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Price

$ 225,000

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About This House

This quadplex is available for your next investment purchase in Birmingham. Currently, two unit is occupied by a tenant ($613/650monthly rent), two units are vacant. According to the Section 8 website, the market rent for each unit is approximately $750 per month. Each unit is a 3 bed 1 bath set up. By renting out the quadplex, you can potentially earn over$35, 000in gross rent annually.

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Houses for sale in Birmingham

Original listing

Birmingham Housing & Living

Average sale prices for houses

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
May 2024	$138,131 (-12.4%)
Apr 2024	$157,706 (0%)
Mar 2024	$157,706 (0%)
Feb 2024	$157,706 (0%)
Jan 2024	$157,706 (+96.9%)
Dec 2023	$80,105 (-28.9%)

In May 2024, the asking price for 2 bed houses for sale in/near Birmingham, United States averaged $138,131, a decrease of 12.4% from the previous month.

Median price trends for properties for sale in Birmingham, United States as of May 2024.

Household Income

Median household income: $33,770

Number of households: 90,149

The average household income in Birmingham, AL grew from $32,404 to $33,770 in the past year. This data is an estimate based upon 90,149 households in Birmingham, AL.
The chart below presents how household income is distributed in Birmingham, AL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Birmingham, AL compared to median property taxes around the country. The prevalent amount of property taxes in Birmingham, AL equals <$800 , which is more than the national average.