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Renovated 11-Unit Apartment Building

1509 9TH STREET Leeds, AL 35094

1509 9TH STREET, Leeds, AL, 35094
$2,499,000
For Sale
$2,499,000

MULTI_FAMILY - LEEDS, AL

Days on Market442

Property Features for 1509 9TH STREET

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Rooms
Basement
Parking features
On Street, Assigned
Standard status
Active
APN
25-00-21-1-022-006.000

Taxes and HOA fees

Tax Description
N 25 FT OF LOTS 1 THRU 4 ALL OF LOT 5 BLK 20-A LEEDS ALS N 62.5 FT OF LOT 6 BLK 20-A LEEDS

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1922
Number of units
11
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency Webb & Company Realty
7834 Parkway Drive, Leeds, AL
Listed by Laurie Burgess · License #46528
Added: May 5, 2025 Checked: Jul 20 at 2:06 am
MLS# 21417983 Listing URL

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 for-sale multifamily property includes 11 apartment units featuring a mix of two-bedroom layouts and one-bedroom loft-style units. The building contains 7 ground-level units and 4 upper-level units. According to the public remarks, the property has been completely renovated down to the studs, with architectural and fire safety drawings available. Updates include new wiring, plumbing, HVAC systems, and hot water heaters, along with interior finishes such as exposed brick walls and hardwood floors.

The property is located in downtown Leeds, Alabama, at 1509 9TH STREET (Leeds, AL 35094). The remarks also indicate walkability to shopping, restaurants, and entertainment.

For investors or operators seeking a turnkey renovation, this building offers a defined unit mix across ground and upper floors, supported by documented renovation materials and major systems replacements. The combination of loft-style one-bedroom units and two-bedroom apartments may appeal to a range of residential tenants, while the updated mechanical and life-safety components help reduce near-term capital concerns associated with older interiors.

Key Highlights

  • 11‑unit multifamily in downtown Leeds with a mix of 2BR ground units and 1‑bedroom loft‑style upper units
  • Completely renovated down to the studs with new wiring, plumbing, HVAC, and hot water heaters
  • Brick construction with exposed brick walls and hardwood flooring

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Luna Tax Services ... Tax Preparation Chick Filet A Training ... Restaurant

Suggested Use

Big Box & Wholesale Store Building Supply Law Firm Hair Salon Spa & Massage Center Real Estate Agency Auto Parts Store Dental Office Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Renovated 11-unit building with ground and upper apartments, rebuilt with new major systems throughout.
Where is this apartment building located?
The property is located at 1509 9TH STREET Leeds, AL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: 11‑unit multifamily in downtown Leeds with a mix of 2BR ground units and 1‑bedroom loft‑style upper units; Completely renovated down to the studs with new wiring, plumbing, HVAC, and hot water heaters; Brick construction with exposed brick walls and hardwood flooring
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