1145 SLOAN AVENUE, Tarrant, AL 35217

Building Details

Year built

1950

Number of units

5

Flooring type

Laminate, Carpet - Full

Building materials

Brick and Frame

Listing agent Jeremy Galloway License #119764 Show Phone

Listing office EXP Realty LLC 100 CHASE PARK S, HOOVER, AL Show Phone

Listing date May 11, 2026

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MLS# 21452622 Listing URL

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Overview

This five-unit income property is configured as a triplex plus a duplex, with all units featuring two bedrooms and one bathroom. Four of the five units are currently occupied, and Unit C will be delivered vacant as an eviction is in progress, with an estimated delivery date in early June. Units are separately metered for the triplex portion. Per the current expense structure, the duplex owner pays for water, and tenant trash is paid by the tenants. Water is split 50/50, and the property manager is paid at 8% of rent. There is no active pest company for the property.

The property is located in Tarrant, Alabama, in Jefferson County at 1145 Sloan Avenue (35217). A 48-hour showing notice is required to schedule viewings.

For investors or buyers seeking a small, tenant-occupied multifamily asset, the layout’s uniform 2BD/1BA unit mix can simplify leasing and turnover planning. With one unit expected to be delivered vacant in early June, the property may be positioned for new leasing after delivery. Current gross rent is $2,480 per month, with disclosed upside to $3,180 per month upon full stabilization. The listing notes investor-ready financing expectations, including conventional or DSCR programs.

Map

City

Tarrant

County

Jefferson

State

Alabama

Longitude

-86.772748

Latitude

33.580799

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FAQs

What type of property is this?

Apartment building - Triplex plus duplex with all 2BD/1BA layouts and individually metered utility setups.

Where is this apartment building located?

The property is located at 1145 SLOAN AVENUE Tarrant, AL.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 5‑unit income property (triplex + duplex) in Tarrant with all 2BD/1BA units; 4 of 5 units occupied; Unit C will be delivered vacant (eviction in progress, est. early June); Current gross rent $2,480/mo with upside to $3,180/mo upon full stabilization