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Updated Quadplex
For Sale
$399,000

524 55TH STREET, Birmingham, AL 35212

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market50

Property Features for 524 55TH STREET

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Subdivision WOODLAWN REALTY
Elementary school AVONDALE
Middle school PUTNAM, W E
High school WOODLAWN
Directions From downtown East on 1st Ave N. Right on 55th St.
Standard status Active
APN 23-00-21-4-012-037.000

Taxes and HOA fees

Tax Description LOT 7 BLK 3 WOODLAWN RLTY CO 6TH ADD
Legal Description LOT 7 BLK 3 WOODLAWN RLTY CO 6TH ADD

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Number of units 4
Flooring type Vinyl
Building materials Brick and Frame, Concrete/Block, Siding
Listing Agency: Watts Realty Co Inc
Listed By: Emile Hughes · License #122131
Added: Jul 21 Changed: Aug 19 Last Checked: Sep 8 at 6:06PM
MLS# 21459752

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 four-unit residential income property was built in 1950 and includes a basement, vinyl flooring, central heating, and central air conditioning. The exterior has been updated with a new roof, windows, and siding, while new finishes have been installed throughout the interior. The property is currently 3/4 occupied, providing an established operating profile for a multifamily buyer.

Located in Birmingham’s 35212 postal area, the property has public water service and on-street parking. Brick and frame, concrete/block, and siding are among the documented construction materials. The four-unit configuration offers a straightforward quadplex format with existing residential improvements and centralized building systems.

Key Highlights

  • Four‑unit quadplex configuration
  • Currently 3/4 occupied
  • New roof, windows, and siding

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon Auto Parts Store Hair Salon

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

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

Demographics for 35212, AL

11,240
Population
5,537
Households
2
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
1,813
Density / Sq Mi
$34,565
Median Household Income
$37,264
Median Earnings
$754
Median Rent
$210,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four-unit property with refreshed exterior elements and interior finishes in Birmingham.
Where is this quadplex located?
The property is located at 524 55TH STREET Birmingham, AL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; Currently 3/4 occupied; New roof, windows, and siding
More about this property
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