826 1ST STREET Birmingham, AL 35204
New
- Added:
- Apr 14, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 14 at 11:06 pm
Property Features for 826 1ST STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Standard status
- Active
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Number of units
- 24
- Architectural style
- Other
Listing agent Margie Beth Shaw (205) 234-2906
Listing office Keller Williams Realty Vestavia 3595 Grandview Pkwy, Suite 250, Birmingham, AL (205) 397-6500
Listing date Apr 14, 2026
MLS# 21449759
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.
Overview
Birmingham Multifamily Value-Add Opportunity
This 24-unit multifamily property, comprised of three buildings, presents a value-add opportunity. Originally purchased in 2022 for $1,481,625, the property includes 12 one-bedroom, one-bathroom units and 12 two-bedroom, one-bathroom units. Renovations were undertaken in 2022-2023, which included new electrical, plumbing, HVAC ducts and vents, HVAC units, windows, kitchens, and baths. Additional electrical meter upgrades were also completed by the new owner after the purchase. Currently, 16 units are vacant, and some vandalizing has occurred, requiring an estimated $100,000 in repairs to cabinets, HVAC, flooring, doors, and plumbing/tile. Some of the vacant units are nearing rental readiness. The current monthly income is $4,540. The property is located one block from the $50 million Smithfield Community Transformational Grant project. All units are on the main level slab. The owner is willing to consider a small deposit and allow the purchaser to rehabilitate the units to obtain a new first mortgage. A new owner and property manager are needed.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.8379883
- Latitude
- 33.5150245
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 24-unit property near $50M Smithfield project. Value-add potential.
Where is this apartment building located?
The property is located at 826 1ST STREET Birmingham, AL.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Value‑add opportunity with **16 vacant units**.; Recent renovations (2022‑23) include new electrical, plumbing, HVAC, windows, kitchens, and baths.; Located one block from a $50 million community transformational grant project.
