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8-Unit Apartment Building
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2112 Martin Luther King Jr Dr, Jasper, AL 35501

Eight-unit multifamily offered in current condition, with one unit renovated and a roof installed less than a year ago.

Property SizeContact for details
Days on Market124

Property Features for 2112 Martin Luther King Jr Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Tenancy Multi
Listing Agency: Sweet HOMElife Real Estate
Listed By: Monica Moorer · License #Alabama 115434
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:49PM

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 Sweet HOMElife Real Estate

Investment Insights

Based on property information with market context.

This 8-unit apartment building is being offered for sale in its current condition. The seller previously began renovations, with only one unit renovated to date, and the remaining units still reflect the work-in-progress state. The roof is less than one year old, and the property is presented as-is for a buyer looking to continue renovations and stabilize the remaining units.

The property is located in Jasper, Alabama, less than 2 miles from the center of Jasper.

The seller also indicates there is nearly $300,000 in total untapped equity and notes current rents are below market levels. No additional unit mix, size, or operating details are provided in the remarks.

Key Highlights

  • 8‑unit multifamily in Jasper offered in its current condition
  • Only 1 of the 8 apartments has been renovated so far
  • Roof installed less than 1 year ago

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic Dental Office Storage Facility

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

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

Demographics for 35501, AL

10,284
Population
4,591
Households
2.2
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
47.8 sq mi
ZIP Area
215
Density / Sq Mi
$44,918
Median Household Income
$35,548
Median Earnings
$782
Median Rent
$150,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Eight-unit multifamily offered in current condition, with one unit renovated and a roof installed less than a year ago.
Where is this apartment building located?
The property is located at 2112 Martin Luther King Jr Dr Jasper, AL.
What are key features of this property?
This property features: 8‑unit multifamily in Jasper offered in its current condition; Only 1 of the 8 apartments has been renovated so far; Roof installed less than 1 year ago
More about this property
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