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

136 and 137 59TH STREET, Birmingham, AL 35212

MULTI_FAMILY - BIRMINGHAM, AL

Property SizeContact for details
Days on Market59

Property Features for 136 and 137 59TH STREET

General Information

Property type Residential Multi Family
Property subtype Apartment
Subdivision WOODLAWN
Elementary school GATE CITY
Middle school AVONDALE
High school WOODLAWN
Directions 1ST AVENUE NORTH TO 59TH STREET AT MCDONALD'S, APTS ON THERIGHT
Standard status Active
APN 23-00-21-1-013-019.000

Taxes and HOA fees

Tax Description BEG AT SW INTER OF 2ND AVE N & 59TH ST TH SE-190 FT S SW-201 FT S NW-120 FT S NE-76 FT S NW-75 FT S NE-95 FT S TO P O B SEC 21 T17S R2W
Legal Description BEG AT SW INTER OF 2ND AVE N & 59TH ST TH SE-190 FT S SW-201 FT S NW-120 FT S NE-76 FT S NW-75 FT S NE-95 FT S TO P O B SEC 21 T17S R2W

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1968
Number of units 23
Flooring type Vinyl, Tile
Building materials Brick and Frame
Listing Agency: Goal Realty LLC
Listed By: Sandy Nguyen (Binh) · License #104667
Added: Jun 15 Changed: Aug 5 Last Checked: Aug 12 at 7:06AM
MLS# 21456164

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This multifamily portfolio includes three buildings totaling 23 apartment units, with a 10-unit building, a 9-unit building, and a third smaller building. Unit interiors feature open living and dining areas, spacious kitchens, bedrooms with closet storage, and washer and dryer connections. Flooring includes vinyl and tile, while the buildings use brick and frame construction. Roof replacements were completed in 2020, and the property was built in 1968.

The portfolio is located in South Woodlawn in Birmingham, near public transportation, shopping, the interstate, and the airport. The property has public water service, is entirely electric, and tenants pay all utilities. The offering is available only as a portfolio rather than as individual buildings.

Key Highlights

  • 23 apartment units across three buildings
  • Unit mix includes one 10‑unit building and one 9‑unit building
  • Roofs replaced in 2020

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.

Lease Details

23
Residential units

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-building multifamily portfolio with updated flooring, in-unit laundry connections, and tenant-paid utilities.
Where is this apartment building located?
The property is located at 136 and 137 59TH STREET 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 apartment units across three buildings; Unit mix includes one 10‑unit building and one 9‑unit building; Roofs replaced in 2020
More about this property
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