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14-Unit Apartment Building
For Sale
$810,900
Pending

1124 15TH STREET, Birmingham, AL 35204

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market488

Property Features for 1124 15TH STREET

General Information

Property type Residential Multi Family
Property subtype Apartment
Subdivision J M WARE
Elementary school TUGGLE
Middle school WILKERSON
High school CARVER, G W
Directions From downtown, take I-65 N toward Fultondale. Exit at 16th St N (exit 242A) and turn right onto 16th St N, turn left onto 12th St N, turn right onto 15th St N, units on left side
Standard status Pending
APN 22-00-26-4-033-022.000

Taxes and HOA fees

Tax Description N 88 FT LOT 4 BLK 29 J M WARE J M WARE
Legal Description N 88 FT LOT 4 BLK 29 J M WARE J M WARE

Utilities

Heating system Central, Natural Gas
Cooling system Electric
Water source Public

Amenities

central air and heat
washer/dryer hookups

Building Details

Year built 1974
Number of units 2
Flooring type Tile, Carpet - Full, Laminate
Building materials Brick, Siding
Listing Agency: EPI Real Estate
Listed By: Lou Hill · License #77021
Added: May 21, 2025 Changed: Sep 12 Last Checked: Sep 20 at 12:06PM
MLS# 21419470

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 14-unit apartment property at 1124 15th Street in Birmingham’s Fountain Heights neighborhood was built in 1974. Each residence includes two bedrooms, one bathroom, a living room, kitchen, and laundry area. Central air conditioning and heat serve the units, which also have washer/dryer hookups. Construction includes brick and siding, with carpet, tile, and laminate flooring across the property. The apartments need some updating, providing a clear renovation component for a new owner.

The property is located less than one mile from downtown Birmingham, with access to City Walk, Protective Stadium, and the Civic Center. Public water serves the property, while heating is provided by natural gas and cooling by electricity.

Key Highlights

  • 14 apartment units, each with 2 bedrooms and 1 bathroom
  • Built in 1974 with brick and siding construction
  • Central air and heat in every unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Skin Care Clinic Pet Grooming Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

1,680
Businesses Nearby

Demographics for 35204, AL

9,271
Population
5,333
Households
1.7
Avg Household Size
43
Median Age
14%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
1,854
Density / Sq Mi
$32,880
Median Household Income
$27,864
Median Earnings
$716
Median Rent
$81,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-bedroom residences offer central climate control and washer/dryer connections in Birmingham’s Fountain Heights neighborhood.
Where is this apartment building located?
The property is located at 1124 15TH STREET Birmingham, AL.
What is the asking price?
The asking price for this property is $810,900.
What are key features of this property?
This property features: 14 apartment units, each with 2 bedrooms and 1 bathroom; Built in 1974 with brick and siding construction; Central air and heat in every unit
More about this property
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