Renovated 44-Unit Apartment
For Sale
$2,975,000
1517 CULLMAN AVENUE, Birmingham, AL 35208
MULTIFAMILY, BIRMINGHAM, AL
Property SizeContact for details
Days on Market11
Property Features for 1517 CULLMAN AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Parking features
On Street
Elementary school
MINOR
Middle school
BUSH HILLS ACADEMY
High school
JACKSON-OLIN
Directions
From I-59 South, heading toward downtown, take Exit 121 and turn right onto Bush Blvd. Follow until 19th St Ensley and turn left. Follow until you reach Pike Rd and turn left onto Pike Rd. Property will be on your right.
Subdivision
Ensley, Fairfield, Midfield, West End
Standard status
Active
APN
22-00-32-4-003-001.000
Taxes and HOA fees
Tax Description
LOT 7 THRU 22 BLK 5 SHADY SIDE LESS THAT PT OF 12 13 & 14 TAKEN BY I-59 R/W ALSO ALL OF THAT PT OF A 15 FT ALLEY WHICH RUNS BETWEEN LOTS AND HAS BEEN VACATED
Legal Description
LOT 7 THRU 22 BLK 5 SHADY SIDE LESS THAT PT OF 12 13 & 14 TAKEN BY I-59 R/W ALSO ALL OF THAT PT OF A 15 FT ALLEY WHICH RUNS BETWEEN LOTS AND HAS BEEN VACATED
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1930
Number of units
44
Flooring type
Laminate, Carpet - Full
Building materials
Siding
Listing Agency:
ARC Realty Vestavia
(205) 969-8910
Listed By:
Joey Valekis · License #75896
(205) 222-9780
Added: Aug 20
Last Checked: Aug 30 at 9:06AM
MLS# 21462708
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.
Ridgewood Apartments is a 44-unit apartment building in Birmingham, Alabama, with an all one-bedroom, one-bathroom unit mix. Originally built in 1930, the community received a comprehensive rehabilitation in 2020, including replacement or improvement of electrical and plumbing systems, roofs, bathrooms, flooring, windows, and site grounds. Interior finishes include carpet and laminate flooring, while cooling is provided by window units. The property has siding construction, public water service, and on-street parking.
The community is located at 1517 Cullman Avenue in Birmingham’s 35208 ZIP code. Approximately 100% occupancy is reported across the 44 residences. The combination of a consistent unit configuration and substantial 2020 improvements provides a clear physical profile for multifamily ownership.
The community is located at 1517 Cullman Avenue in Birmingham’s 35208 ZIP code. Approximately 100% occupancy is reported across the 44 residences. The combination of a consistent unit configuration and substantial 2020 improvements provides a clear physical profile for multifamily ownership.
Key Highlights
- 44 one‑bedroom, one‑bathroom apartment units
- Comprehensive rehabilitation completed in 2020
- Updated electrical and plumbing systems, roofs, bathrooms, windows, flooring, and grounds
Property Analytics
Property Profile
Current Use
Lease Details
44
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 35208, AL
12,982
Population
7,469
Households
1.7
Avg Household Size
43
Median Age
17%
College-Educated
87%
High-School Grad
3.7 sq mi
ZIP Area
3,509
Density / Sq Mi
$37,363
Median Household Income
$29,963
Median Earnings
$951
Median Rent
$91,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - One-bedroom residences feature refreshed interiors, updated building systems, and street parking in Birmingham.
Where is this apartment building located?
The property is located at 1517 CULLMAN AVENUE Birmingham, AL.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: 44 one‑bedroom, one‑bathroom apartment units; Comprehensive rehabilitation completed in 2020; Updated electrical and plumbing systems, roofs, bathrooms, windows, flooring, and grounds
