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    Helena, AL Pelham, AL Calera, AL Chelsea, AL Columbiana, AL Hoover, AL Bessemer, AL Montevallo, AL
    Stabilized Multifamily Community
    Updated: Jun 1
    Stabilized Multifamily Community

    403 3rd St NE, Alabaster, AL 35007

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    89‑unit multifamily community in Birmingham, Alabama
    Located in Shelby County’s Alabaster submarket
    Recent interior and exterior upgrades with updated finishes throughout the community
    Described as fully stabilized with day‑one cash flow potential
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Alabaster, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hoover Condo with Community Pool
    Hoover Condo with Community Pool

    1935 WATERFORD PLACE #1935, Hoover, AL 35244

    $210,000
    1,344 sqft

    Charming 2BR/2.5BA condo in Waterford, close to amenities.

    View details
    Windhover Condominium with Flexible Spaces
    Windhover Condominium with Flexible Spaces

    2420 EAGLE COURT #2420, Birmingham, AL 35216

    $117,000
    1,722 sqft

    Condominium featuring tall ceilings, fireplaces, and flexible living spaces.

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    Two Occupied Townhome Buildings
    Two Occupied Townhome Buildings

    3246 WARRINGWOOD DRIVE, Hoover, AL 35216

    $980,000

    Two fully occupied buildings each include three townhome-style units with multiple bedroom and bath configurations.

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    Vestavia Hills Condo with Renovations
    Vestavia Hills Condo with Renovations

    Birmingham, AL 35216

    $139,000
    1,034 sqft

    Corner unit condo in Vestavia Hills with renovated bathrooms.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Waterfront Multifamily Land Parcel
    Waterfront Multifamily Land Parcel

    141 104TH Avenue, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

    View details

    Alabaster, AL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Alabaster, AL on our real estate platform.

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    Demographics Overview

    Population 36K
    Population Growth (5Y) -1.9%
    Median Household Income $89,028
    College Educated 37.6%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

    Total CRE Inventory on Market (SF)

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