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    826 1St St Birmingham, AL 35204

    For Sale
    $1,290,000

    Apartment - BIRMINGHAM, AL

    Type:Apartment
    Days on Market:
    18
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 826 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1957
    Number of units
    24
    Architectural style
    Other

    Premier Vestavia, LLC (205) 397-6500 [email protected]

    Listing agent Margie Beth Shaw (205) 397-6500

    Listing date Nov 19, 2025

    MLS# 21437136 Listing URL

    Copyright © 2025 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

    24-Unit Multifamily Investment Opportunity

    This 24-unit multifamily property, comprised of three buildings, presents a value-add opportunity with 16 vacant units. The property features all main-level units, consisting of twelve 1-bedroom/1-bath units and twelve 2-bedroom/1-bath units. The current monthly income is $4,540. The property is located close to historic Rickwood Field and local high schools, with convenient access to downtown Birmingham, public transit, and the interstate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.837988330025
    Latitude
    33.515024472536

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    FAQs

    What type of property is this?
    Apartment building - 24-unit property with value-add potential near downtown Birmingham.
    Where is this apartment building located?
    The property is located at 826 1St St Birmingham, AL.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: - Value-add opportunity with **16 vacant units**.; - 24-unit property consisting of 3 buildings.; - All units are on the main level.
    (205) 397-6500
    Request Owner's contact information
    826 1St St Birmingham, AL 35204
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    826 1St St
    Birmingham, AL 35204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    826 1St St Birmingham, AL 35204
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