Remodeled Duplex Near Uptown
For Sale
$245,000
1626 11th N Court, Birmingham, AL 35204
Furnished two-unit property with appliances included and an established short-term rental operation.
Property Size1,716 SF
Price / SF$142.77
Days on Market56
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Property Features for 1626 11th N Court
General Information
Standard status
Active
Size
1,716 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Furnished
Yes
Building Details
Year Built
1910
Buildings
1
Listing Agency:
Battle Realty & Company
Listed By:
Kristen Wheeler · License #111598
(205) 739-4843
Source:
Exitrealty
Added: Aug 21
Changed: Oct 7
Last Checked: Oct 9 at 4:34PM
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 Battle Realty & Company
Investment Insights
Based on property information with market context.
This duplex was remodeled and configured with two bedrooms and two full bathrooms on each side. The property is being operated as an Airbnb and is offered furnished, with the appliances included in the sale. Built in 1910, the two-unit layout provides separate living spaces within one residential structure.
The property is located in Birmingham’s Uptown area near the BJCC, Protective Stadium, and the Coca-Cola Amphitheater. Its setting also places it close to Uptown restaurants and nightlife, as well as venues serving concerts, conventions, and sporting events.
The property is located in Birmingham’s Uptown area near the BJCC, Protective Stadium, and the Coca-Cola Amphitheater. Its setting also places it close to Uptown restaurants and nightlife, as well as venues serving concerts, conventions, and sporting events.
Key Highlights
- Duplex configuration with 2 bedrooms and 2 full bathrooms per side
- Remodeled property currently operating as an Airbnb
- Furniture and appliances included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,218
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,360
$264.4K
Cap Rate 7%
$188,829
$188.8K
Cap Rate 9%
$146,867
$146.9K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$20.8K $12.12/SF
− Vacancy
−$1.9K −$1.12/SF
EGI
$18.9K $11.00/SF
− OpEx
−$5.7K −$3.30/SF
NOI
$13.2K $7.70/SF
Area
Birmingham, AL
Vacancy
9.21%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,360
Cap Rate 7%
$188,829
Cap Rate 9%
$146,867
Alternative Uses
Best Use
Multifamily LT 5
$188.8K
$165.2K – $220.3K
NOI $13,218 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$176.8K
$154.7K – $206.3K
NOI $12,375 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$402.8K
$352.4K – $469.9K
NOI $28,195 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,169
Businesses Nearby
Explore this area
Business Placement
Demographics for 35204, AL
9,271
Population
5,333
Households
1.7
Avg Household Size
43
Median Age
14%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
1,854
Density / Sq Mi
$32,880
Median Household Income
$27,864
Median Earnings
$716
Median Rent
$81,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Furnished two-unit property with appliances included and an established short-term rental operation.
Where is this duplex located?
The property is located at 1626 11th N Court Birmingham, AL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Duplex configuration with 2 bedrooms and 2 full bathrooms per side; Remodeled property currently operating as an Airbnb; Furniture and appliances included
