3012 AVENUE X, Birmingham, AL 35208

Building Details

Year built

1965

Number of units

5

Building materials

Brick and Frame

Listing agent Mike Brown License #127994 Show Phone

Listing office Keller Williams Realty Vestavia k***@kw.com 3595 Grandview Pkwy, Suite 250, Birmingham, AL Show Phone

Listing date Jun 19, 2026

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MLS# 21456692 Listing URL

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.

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Overview

This 5-unit multifamily property is built with brick construction and operates with individual heat pumps. Tenant-paid utilities help keep expenses controlled, and an on-site landscaping service supports exterior upkeep. The building is professionally managed, with four units currently occupied by a mix of Section 8 and market-rate tenants. One unit was recently fully renovated and is described as ready for immediate lease-up.

The property is located in Birmingham’s Fairview neighborhood at 3012 Avenue X in Jefferson County (AL 35208). The current occupancy and unit turnover position the building for day-to-day rental operations while the renovated unit transitions to a new tenant.

For investors or owner-operators seeking a managed Birmingham multifamily with a mix of occupied units and a newly renovated apartment ready to lease, this offering provides current leasing momentum and documented financial targets in the remarks. The listing states a stabilized pro forma gross income of $3,185 per month and a 7.3% cap rate at the list price, with financials available upon request through Watts Realty. Please contact the listing agent for additional details.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Birmingham

County

Shelby

State

Alabama

Longitude

-86.876929

Latitude

33.499299

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FAQs

What type of property is this?

Apartment building - Professionally managed 5-unit brick building with individual heat pumps and tenant-paid utilities.

Where is this apartment building located?

The property is located at 3012 AVENUE X Birmingham, AL.

What is the asking price?

The asking price for this property is $348,000.