Birmingham, AL Apartment Buildings for Sale

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Irondale, AL Bessemer, AL Sylacauga, AL Homewood, AL Center Point, AL Mountain Brook, AL Vestavia Hills, AL Tarrant, AL

24 properties

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Updated: Jul 1

Eight-Unit Apartment Building

7721 1st Avenue North, Birmingham, AL 35206

$695,000

7,567 sqft

Eight‑unit multifamily built in 1988, all units configured as 3BR/1BA
Majority of units renovated in 2024‑25
Current occupancy: five of eight units occupied
Three vacant units available for immediate lease‑up
Offered as‑is at $695,000 ($86,875 per unit)

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Here's a quick look at some key insights for

7721 1st Avenue North, Birmingham, AL 35206

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$55K
Annual
Price @ 7% Cap

$780K
Above asking
Property Type

Apartments (Generic)
Built 1988

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Updated: Apr 1

Multifamily Property with Duplex Add-Ons

7720 2ND AVENUE N, Birmingham, AL 35206

$525,000

Brick construction
Natural gas heating
No cooling reported (cooling listed as none)
Built in 1955
Private water source

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Multifamily Value-Add with 2BR Units

2408 19TH AVENUE, Birmingham, AL 35234

$810,000

Twelve 2BR/1BA units with washer/dryer connections and updated interiors, with 10 leased during current lease-up.

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Renovated 10-Unit Multifamily Property

7735 RUGBY AVENUE, Birmingham, AL 35206

$599,900

Two-bedroom, one-bath apartments with partial renovations and current leasing in Birmingham’s Eastlake/Woodlawn area.

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Fully Occupied Apartment Building

1469 PEARSON AVENUE, Birmingham, AL 35211

$1,195,000

Well-maintained 18-unit apartment building with all units fully occupied and recently remodeled interiors.

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Renovated 7-Unit Multifamily Complex

3500 12TH AVENUE, Birmingham, AL 35234

$425,000

Renovated 7-unit property with a 1/1 mix plus one larger 2/1 unit, currently set up for short-term rentals.

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Renovated Workforce Apartment Portfolio

1561 Pike Rd, Birmingham, AL 35218

$9,052,000

97,160 sqft

Two apartment communities total 146 units, with large-scale renovations including HVAC, roofing, and windows.

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Birmingham Multifamily Investment Opportunity

1785 Pearson Avenue Southwest, Birmingham, AL 35211

$675,000

8,640 sqft

Multifamily property for sale in Birmingham, Alabama.

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Birmingham Multifamily Investment Opportunity

7700 1st Avenue South, Birmingham, AL 35206

$1,080,000

14,076 sqft

Multifamily property for sale in Birmingham, Alabama.

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Renovated Furnished Apartment Building

1028 22nd St S, Birmingham, AL 35205

$1,195,000

4,440 sqft

Fully renovated, furnished 8-unit apartment building operating as short-term rentals.

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Renovated Condo with Downtown Views

2407 ARLINGTON CRESCENT #C, Birmingham, AL 35205

$140,000

770 sqft

Top-floor condo with views, renovated kitchen, and new appliances.

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Birmingham Multifamily Investment Opportunity

1320 25th St N, Birmingham, AL 35234

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8,720 sqft

Ten-unit apartment building in Birmingham's Druid Hills neighborhood.

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Historic Loft on Morris Avenue

2301 MORRIS AVENUE #301, Birmingham, AL 35203

$339,000

1,042 sqft

Charming 2BR/1BA loft with modern updates and rooftop access.

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Remodeled Condo in Mountain Brook

Birmingham, AL 35223

$395,000

950 sqft

Charming, remodeled 2 bed, 1 bath condo in desirable location.

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Modern Unit with Garage Parking

2201 5TH AVENUE S #405, Birmingham, AL 35233

$280,000

974 sqft

Top floor unit near UAB with premium garage parking.

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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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Condo Near UAB and Downtown

401 20TH STREET S #119, Birmingham, AL 35233

$139,000

601 sqft

Condo with modern features, convenient location, and easy access.

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Modern Condo in Historic Building

113 22ND STREET N #205, Birmingham, AL 35203

$449,900

1,375 sqft

Spacious 2-bedroom condo with modern amenities and historic charm.

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Updated Condo Near UAB District

401 20TH STREET S #114, Birmingham, AL 35233

$182,500

657 sqft

Updated 1-bedroom condo with amenities near UAB and Medical District.

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Vestavia Hills Condo with Renovations

Birmingham, AL 35216

$139,000

1,034 sqft

Corner unit condo in Vestavia Hills with renovated bathrooms.

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Birmingham Multifamily Investment Opportunity

625 Goldwire Pl SW, Birmingham, AL 35211

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26,880 sqft

40-unit multifamily property in Birmingham, Alabama, built in 1966.

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Value-Add Multifamily Investment Opportunity

2731 28th St W, Birmingham, AL 35218

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7,450 sqft

Eleven-unit multifamily property with high occupancy and cap rate potential.

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Multifamily Portfolio in Roebuck

8917 Roebuck Blvd, Birmingham, AL 35206

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92-unit multifamily portfolio in established Birmingham submarket.

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Updated Condo in Oak Mountain

1208 MORNING SUN DRIVE #1208, Birmingham, AL 35242

$177,450

Two-bedroom condo with updated features and community amenities.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Birmingham, AL, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Birmingham, AL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Birmingham, AL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 141,008 square feet of properties for sale, with an estimated market value of $14,878,400.

Sale prices for two-family homes in Birmingham, AL start at $117,000, averaging $1,062,742, and reaching up to $9,052,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 502K

Population Growth (5Y) -0.1%

Median Household Income $77,536

College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Birmingham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
35242	$177.5K
35216	$177.5K
35209	$230K
35243	$265K
35203	$394.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Birmingham fall within the 10,000 to 25,000 square foot range.

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