Th Ave N, Birmingham, Home For Sale

house for sale

Listed: 07/15/24

3500 12th Ave N, Birmingham, Alabama, 35234

8 Bed:

7 Bath:

1,650 Sq Ft Living Area:

Save

Price

$ 499,000

Show 6 more

About This House

Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Over the past six months, the property has grossed over $76K, averaging $12K per month, leveraging popular rental platforms such as Airbnb, Booking.com, and HomeAway. Each unit comfortably accommodates at least 4 guests, allowing the entire complex to host up to 32 guests simultaneously, making it an ideal choice for large groups. Recently renovated to meet modern standards, the units are fully furnished and equipped with all essential amenities to ensure a comfortable and enjoyable stay. With its high occupancy rates and proven rental income, this multifamily complex represents a compelling investment with ease of management and significant revenue opportunities.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Houses for sale in Birmingham

Original listing

Birmingham Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$123,939 (-10.3%)
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%)

In June 2024, the asking price for 2 bed houses for sale in/near Birmingham, United States averaged $123,939, a decrease of 10.3% from the previous month.

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