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Remodeled 18-Unit Apartment Building
For Sale
$1,195,000

1469 PEARSON AVENUE, Birmingham, AL 35211

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market244

Property Features for 1469 PEARSON AVENUE

General Information

Property type Residential Multi Family
Property subtype Apartment
Parking features Assigned, Guest
Subdivision BIRMINGHAM
Elementary school HEMPHILL
Middle school ARRINGTON
High school PARKER
Directions Birmingham
Standard status Active
APN 29-00-09-1-016-008.000

Taxes and HOA fees

Tax Description LOTS 7 & 8 & LOT 9 EXC N 150 FT BLK 85 WEST END
Legal Description LOTS 7 & 8 & LOT 9 EXC N 150 FT BLK 85 WEST END

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1978
Number of units 18
Flooring type Tile
Building materials Brick
Listing Agency: EXP Realty LLC
Listed By: Gabriel Henderson Beville
Added: Dec 29, 2025 Changed: Aug 27 Last Checked: Aug 30 at 5:06AM
MLS# 21439511

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 18-unit apartment property contains 2-bedroom, 1-bathroom residences and was built in 1978. The units have undergone extensive updates, including new plumbing, bathroom fixtures, lighting, kitchen finishes, tile, flooring, and interior and exterior paint. Select apartments also feature new HVAC equipment. Brick construction, central heating, central air, and public water serve the property, with both assigned and guest parking available.

The Birmingham location offers access to interstate routes and is situated near the Coca-Cola Amphitheater, Uptown, the Carraway Project, Protective Stadium, Topgolf, and downtown restaurants and attractions. The property is fully occupied and positioned as an operating multifamily asset with renovated apartment interiors.

Key Highlights

  • 18 fully occupied apartment units
  • Each residence offers 2 Bedroom/1 Bathroom configuration
  • Renovations include plumbing, kitchens, bathrooms, lighting, flooring, tile, and paint

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Gym & Fitness Center

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

18
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 35211, AL

24,775
Population
14,302
Households
1.7
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
16.6 sq mi
ZIP Area
1,492
Density / Sq Mi
$34,286
Median Household Income
$29,742
Median Earnings
$1,044
Median Rent
$94,500
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 - Fully occupied multifamily property with updated interiors, central systems, and assigned and guest parking.
Where is this apartment building located?
The property is located at 1469 PEARSON AVENUE Birmingham, AL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 18 fully occupied apartment units; Each residence offers 2 Bedroom/1 Bathroom configuration; Renovations include plumbing, kitchens, bathrooms, lighting, flooring, tile, and paint
More about this property
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