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Four-Property Quadplex Portfolio
New
For Sale
$699,000

1124 4TH AVENUE, Birmingham, AL 35204

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market2

Property Features for 1124 4TH AVENUE

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision HIGHLAND LAKE
Elementary school MINOR
Middle school BUSH HILLS ACADEMY
High school JACKSON-OLIN
Directions From I 65 exit on 20/59 West Take Arkadelphia Exit Turn R onto 4th Ave W
Special listing conditions In Foreclosure
Standard status Active
APN 29-00-04-1-005-011.005

Taxes and HOA fees

Tax Description LOT 19 BLK 14 HIGHLAND LAKE LD CO PB 13 PG 94
Legal Description LOT 19 BLK 14 HIGHLAND LAKE LD CO PB 13 PG 94

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1935
Number of units 4
Flooring type Hardwood, Tile, Laminate
Building materials Brick
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Michelle Dickey
Added: Aug 31 Last Checked: Sep 1 at 1:06AM
MLS# 21463685

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 multifamily offering comprises four individual quadplexes with a combined 16 units. The unit mix includes two-bedroom and three-bedroom residences, and some units have received updates. Brick construction dates to 1935, with hardwood, tile, and laminate flooring represented across the portfolio. Electric heating and public water serve the properties.

The buildings are located in Birmingham’s 35204 postal area. The assemblage provides multiple residential units across separate quadplex improvements, giving buyers a portfolio of established multifamily buildings rather than a single structure. Unit-level details, occupancy, rental amounts, expenses, and square footage should be independently verified during due diligence.

Key Highlights

  • Four individual quadplexes included in the portfolio
  • 16 total units across the four buildings
  • Mix of two‑bedroom and three‑bedroom units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery Kitchen & Bath Showroom Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

921
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - The assemblage contains two- and three-bedroom residences, with updates completed in some units.
Where is this quadplex located?
The property is located at 1124 4TH AVENUE Birmingham, AL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four individual quadplexes included in the portfolio; 16 total units across the four buildings; Mix of two‑bedroom and three‑bedroom units
More about this property
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