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$699,900

For Sale

3 days ago

3004 Avenue W, Birmingham, AL

Condo

MLS® 21462453

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1988
MLS® Number 21462453

Property Address: 3004 Avenue W, Birmingham, AL, 35208-3508

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number21462453
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1988
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral w/Ind Ctrl(HEAT)
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 17, 2026List Date
$699,900List Price
  • Commute

Commute

Starting Address
Destination Address
3004 Avenue W, Birmingham, AL

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