Stunning Townhome Near
1702 14TH TERRACE S #B Birmingham, AL 35205
1702 14TH TERRACE S #B, Birmingham, AL, 35205
$189,900
For Sale
$189,900
Low-maintenance townhome with new flooring, close to UAB and Five Points.
Property Size1,152 SF
Price / SF$164.84
Days on Market343
Property Features for 1702 14TH TERRACE S #B
General Information
- Standard status
- Active
- Size
- 1,152 SF
- Property subtype
- Townhouse
Building Details
- Year Built
- 1987
Listing Agency
Keller Williams Realty
(205) 862-6262
Listed by
Robert Russom · License #97912
(205) 862-6262
Source
Kw
Added: Aug 13, 2025 Updated: Jul 6 at 8:13 am Checked: Jul 20 at 4:11 am
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This townhome features an open floorplan. The downstairs area includes low-maintenance laminate flooring. Upstairs, there are 2 large bedrooms, each equipped with 2 closets and carpet. The AC and heater were replaced in 2022, and the main level flooring is new. The property is located less than 1/2 mile from UAB and Five Points. The property size is 1152 square feet.
Key Highlights
- Prime Location: Less than 1/2 mile from UAB and Five Points.
- No HOA fees.
- New AC & Heater (replaced in 2022).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.0k | $12.12 |
| − Vacancy | −$1.3k | −$1.12 |
| EGI | $12.7k | $11.00 |
| − OpEx | −$3.8k | −$3.30 |
| NOI | $8.9k | $7.70 |
1,152 SF · lease $12.12/SF/yr · vacancy 9.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$126.8K
$110.9K – $147.9K
NOI $8,873 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$118.7K
$103.8K – $138.5K
NOI $8,307 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$270.4K
$236.6K – $315.5K
NOI $18,928 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Low-maintenance townhome with new flooring, close to UAB and Five Points.
Where is this duplex located?
The property is located at 1702 14TH TERRACE S #B Birmingham, AL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Prime Location: Less than 1/2 mile from UAB and Five Points.; No HOA fees.; New AC & Heater (replaced in 2022).
