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Fully Occupied Triplex
New
For Sale
$269,900

121 15th N Avenue, Birmingham, AL 35204

Three separate units are occupied and producing rental income.

Property Size3,905 SF
Price / SF$69.12
Days on Market6

Property Features for 121 15th N Avenue

General Information

Standard status Active
Size 3,905 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1960
Listing Agency: RealtySouth-Inverness Office
Listed By: Jamie Fallin · License #122190
Source: Exitrealty
Added: Aug 14 Changed: Aug 18 Last Checked: Aug 19 at 5:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RealtySouth-Inverness Office

Investment Insights

Based on property information with market context.

This multifamily property contains three separate residential units within a 3,905-square-foot triplex. The building was constructed in 1960 and is currently fully occupied, providing an existing rental operation for the next owner.

The property is located at 121 15th N Avenue in Birmingham, Alabama. Its three-unit configuration creates a residential income asset with established occupancy across the building.

Key Highlights

  • Three‑unit triplex configuration
  • 3,905 square feet of building area
  • Fully occupied with rental income in place

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Law Firm Spa & Massage Center Nail 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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 35204, AL

9,271
Population
5,333
Households
1.7
Avg Household Size
43
Median Age
14%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
1,854
Density / Sq Mi
$32,880
Median Household Income
$27,864
Median Earnings
$716
Median Rent
$81,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three separate units are occupied and producing rental income.
Where is this triplex located?
The property is located at 121 15th N Avenue Birmingham, AL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Three‑unit triplex configuration; 3,905 square feet of building area; Fully occupied with rental income in place
More about this property
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