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Renovated 10-Unit Multifamily Property
For Sale
$599,900

7735 RUGBY AVENUE, Birmingham, AL 35206

MULTI_FAMILY - BIRMINGHAM, AL

Property SizeContact for details
Days on Market358

Property Features for 7735 RUGBY AVENUE

General Information

Property type Residential Multi Family
Property subtype Apartment
Parking features On Street
Subdivision RUGBY GARDENS
Elementary school BARRETT
Middle school OSSIE WARE MITCHELL
High school WOODLAWN
Directions GO 1ST AVE NO. TURN ON 83 ST-BECOMES RUGBY. OR OPORTOMADRID ON 77 PL- BEAR LEFT ONTO RUGBY.
Standard status Active
APN 23-00-14-2-023-002.001

Taxes and HOA fees

Tax Description LOTS 19-A & 20-A BLK 2 RUGBY GARDENS 1ST ADD
Legal Description LOTS 19-A & 20-A BLK 2 RUGBY GARDENS 1ST ADD

Utilities

Heating system Central
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Year built 1963
Number of units 10
Flooring type Laminate, Carpet - Full
Building materials Brick
Listing Agency: RealtySouth-Homewood
Listed By: Brandy Herschbach
Added: Aug 20, 2025 Changed: Aug 5 Last Checked: Aug 12 at 7:06AM
MLS# 21428771

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 property is a 10-unit multifamily building offering spacious 2-bedroom, 1-bath apartment homes. The units average approximately 650 square feet each. According to the current marketing materials, several units have been fully renovated, and the remaining units are part of a manageable mix to support consistent tenant appeal.

Located at 7735 Rugby Avenue in Birmingham, Alabama, the asset is positioned in the Eastlake/Woodlawn area. The offering states that 8 of the 10 units are currently leased, with rents ranging from $600 to $625 per month.

For buyers seeking a residential income property with an established in-place occupancy profile, this building provides a straightforward unit mix and a portion of renovated apartments. The combination of existing leases and ongoing renovation in select units may support a practical path for continued property management and tenant retention, based on the information provided.

Key Highlights

  • 10‑plex multifamily property in the Eastlake/Woodlawn area of Birmingham
  • 2 bed, 1 bath units averaging 650 SF each
  • 8 of 10 units currently leased; rents range from $600–$625 per month

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Furniture & Home Goods

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

10
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 35206, AL

15,648
Population
7,967
Households
2
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
10.1 sq mi
ZIP Area
1,549
Density / Sq Mi
$39,051
Median Household Income
$28,665
Median Earnings
$990
Median Rent
$122,500
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?
Apartment building - Two-bedroom, one-bath apartments with partial renovations and current leasing in Birmingham’s Eastlake/Woodlawn area.
Where is this apartment building located?
The property is located at 7735 RUGBY AVENUE Birmingham, AL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 10‑plex multifamily property in the Eastlake/Woodlawn area of Birmingham; 2 bed, 1 bath units averaging 650 SF each; 8 of 10 units currently leased; rents range from $600–$625 per month
More about this property
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