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Renovated 8-Unit Apartment Building
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1509 16th Ave S, Birmingham, AL 35205

Updated interiors include modern finishes and in-unit laundry hookups.

Property Size4,576 SF
Days on Market18

Property Features for 1509 16th Ave S

General Information

Standard status Active
Size 4,576 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 8

Amenities

granite countertops
stainless steel appliances
vinyl flooring
in-unit washer/dryer hookups

Building Details

Year Built 1977
Year Renovated 2022
Buildings 1
Units 8
Tenancy Multi
Listing Agency: Harbert Multifamily Advisors
Listed By: Bishop Escue · License #000132245-0
Source: Crexi
Added: Aug 17 Changed: Sep 1 Last Checked: Sep 1 at 10:01PM

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 Harbert Multifamily Advisors

Investment Insights

Based on property information with market context.

Located at 1509 16th Ave S in Birmingham, this 8-unit apartment property contains 4,576 square feet and was built in 1977. The building has undergone an extensive renovation, with refreshed unit interiors designed around durable, contemporary finishes.

Apartment features include granite countertops, stainless steel appliances, vinyl flooring, and hookups for in-unit washers and dryers. The property is reported at full occupancy and sits near UAB, Five Points, and Southside dining, shopping, and entertainment destinations.

Key Highlights

  • 8‑unit apartment property totaling 4,576 square feet
  • Extensive renovation with updated apartment interiors
  • Granite countertops and stainless steel appliances

Property Analytics

Current Use

Eight on 16th Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Florist Bakery Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

2,002
Businesses Nearby

Demographics for 35205, AL

20,137
Population
11,908
Households
1.7
Avg Household Size
30
Median Age
56%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
5,442
Density / Sq Mi
$49,194
Median Household Income
$35,230
Median Earnings
$1,005
Median Rent
$292,000
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 - Updated interiors include modern finishes and in-unit laundry hookups.
Where is this apartment building located?
The property is located at 1509 16th Ave S Birmingham, AL.
What are key features of this property?
This property features: 8‑unit apartment property totaling 4,576 square feet; Extensive renovation with updated apartment interiors; Granite countertops and stainless steel appliances
More about this property
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