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23-Unit Apartment Portfolio
For Sale
$1,610,000

136 And 137 59th St, Birmingham, AL 35212

Three-building apartment portfolio with updated interiors, central HVAC, and washer/dryer connections throughout.

Property SizeContact for details
Days on Market117

Property Features for 136 And 137 59th St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1968
Listing Agency: Goal Realty LLC
Listed By: Sandy Nguyen (Binh) · License #000101851
Source: Alrealtorgroup
Added: May 8 Changed: Aug 29 Last Checked: Aug 31 at 6:55PM

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 Goal Realty LLC

Investment Insights

Based on property information with market context.

This 23-unit apartment portfolio comprises three buildings: a 10-unit structure, a 9-unit structure, and a quadruplex, totaling 18,500 square feet. The unit mix includes twenty-two 2BR/1BA apartments and one 3BR/2BA apartment. Current occupancy includes only 2 vacancies. Interior features include open living and dining areas, spacious kitchens, generously sized bedrooms, and ample closet storage.

Property improvements include roofs installed in 2020, updated flooring, and washer/dryer connections in every unit. The buildings are equipped with central HVAC, with ownership transitioning to window units as needed for equipment efficiency and replacement flexibility. The portfolio is located at 136 59th Street North in Birmingham, Alabama.

Key Highlights

  • 23 units across three buildings: 10‑unit, 9‑unit, and quadruplex
  • Unit mix includes twenty‑two 2BR/1BA units and one 3BR/2BA unit
  • 18,500 square feet across the apartment portfolio

Property Analytics

Current Use

True Love Ministries Charitable Organization

Suggested Use

Top Pick Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Garden Center Locksmith Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 35212, AL

11,240
Population
5,537
Households
2
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
1,813
Density / Sq Mi
$34,565
Median Household Income
$37,264
Median Earnings
$754
Median Rent
$210,400
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 - Three-building apartment portfolio with updated interiors, central HVAC, and washer/dryer connections throughout.
Where is this apartment building located?
The property is located at 136 And 137 59th St Birmingham, AL.
What is the asking price?
The asking price for this property is $1,610,000.
What are key features of this property?
This property features: 23 units across three buildings: 10‑unit, 9‑unit, and quadruplex; Unit mix includes twenty‑two 2BR/1BA units and one 3BR/2BA unit; 18,500 square feet across the apartment portfolio
More about this property
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