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

136 and 137 59TH STREET, Birmingham, AL 35212

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market133

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)
Added: Jun 15 Changed: Oct 23 Last Checked: Oct 25 at 12:06PM
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.

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Investment Insights

Based on property information with market context.

This Birmingham apartment portfolio consists of three buildings: one with 10 units, one with 9 units, and a quadplex. The buildings date to 1968 and feature brick-and-frame construction. Roofs were replaced in 2020, and flooring has been updated. Each unit has washer and dryer connections, while the shared interior features include open living and dining areas, kitchens, bedrooms, and closets.

The portfolio is available only as a combined offering. It is in the South Woodlawn area, described as close to public transportation, shopping, an interstate, and the airport. Tenants pay all utilities, and the properties are all-electric.

Key Highlights

  • Three‑building portfolio with 10 units, 9 units, and a quadplex
  • Roofs replaced in 2020; flooring updated
  • Washer and dryer connections in every unit

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

23
Residential units
Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The three-building property is offered as a single portfolio and includes washer and dryer connections in every unit.
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: Three‑building portfolio with 10 units, 9 units, and a quadplex; Roofs replaced in 2020; flooring updated; Washer and dryer connections in every unit
More about this property
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