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Listed price in listed location currency (USD).
$500,000

000

MLS® 21441236

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1980
MLS® Number 21441236

Property Address: 2112 Martin Luther King Jr Dr, JASPER, AL, 35501-5700

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

Description

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.
MLS® Number21441236
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1980
Stories
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 19, 2026List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
2112 Martin Luther King Jr Dr, JASPER, AL

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