Stunning Townhome Near
For Sale
$189,900
1702 14TH TERRACE S #B, Birmingham, AL 35205
Low-maintenance townhome with new flooring, close to UAB and Five Points.
Property Size1,152 SF
Price / SF$164.84
Days on Market423
Property Features for 1702 14TH TERRACE S #B
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Townhouse
Amenities
Cooling: Central (COOL)
Heating: Central (HEAT)
Dishwasher Built-In
Building Details
Building Size
1,152 SF
Year Built
1987
Listing Agency:
Keller Williams Realty
Listed By:
Robert Russom · License #97912
(205) 862-6262
Source:
Kw
Added: Aug 13, 2025
Changed: Sep 27
Last Checked: Oct 7 at 10:26AM
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).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,873
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,460
$177.5K
Cap Rate 7%
$126,757
$126.8K
Cap Rate 9%
$98,589
$98.6K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$14.0K $12.12/SF
− Vacancy
−$1.3K −$1.12/SF
EGI
$12.7K $11.00/SF
− OpEx
−$3.8K −$3.30/SF
NOI
$8.9K $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%
$177,460
Cap Rate 7%
$126,757
Cap Rate 9%
$98,589
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 authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,454
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
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).
