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Renovated Duplex with Tenants
For Sale
$265,000

1723 N 8TH AVENUE, Bessemer, AL 35020

MULTIFAMILY, BESSEMER, AL

Property Size3,800 SF
Price / SF$69.74
Days on Market165

Property Features for 1723 N 8TH AVENUE

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street
Subdivision BESSEMER
Elementary school HARD, CHARLES F.
Middle school BESSEMER CITY
High school BESSEMER CITY
Directions 59/20 to 19th St exit. Turn right on 8th Ave N. Property is on the left.
Standard status Active
APN 38-00-09-1-019-005.000

Taxes and HOA fees

Tax Description LOT 20 BLK 381 BESS
Legal Description LOT 20 BLK 381 BESS

Utilities

Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1925
Number of units 2
Flooring type Tile
Building materials Siding
Listing Agency: Keller Williams Realty Hoover
Listed By: Terrence Forman · License #122967
Added: Mar 23 Changed: Aug 19 Last Checked: Sep 3 at 11:06AM
MLS# 21446554

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 duplex offers 3,800 square feet with a combined five bedrooms and four bathrooms. Interior and exterior improvements were completed in 2023, including a replacement roof and HVAC work. The property has siding, tile flooring, electric heating, and electric cooling. Tenants are currently in place, providing an established occupancy profile for a new owner.

Built in 1925, the property is served by public water and includes on-street parking. It is located at 1723 N 8th Avenue in Bessemer, Alabama, within Jefferson County. The two-unit configuration and updated major systems create a straightforward residential income property with existing tenancy.

Key Highlights

  • 3,800‑square‑foot duplex with 5 bedrooms and 4 bathrooms
  • Interior and exterior renovation completed in 2023
  • 2023 improvements included the roof and HVAC

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Gym & Fitness Center Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

964
Businesses Nearby

Demographics for 35020, AL

24,213
Population
12,327
Households
2
Avg Household Size
40
Median Age
10%
College-Educated
82%
High-School Grad
16.6 sq mi
ZIP Area
1,459
Density / Sq Mi
$33,247
Median Household Income
$27,762
Median Earnings
$856
Median Rent
$90,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with updated systems and tenants in place.
Where is this duplex located?
The property is located at 1723 N 8TH AVENUE Bessemer, AL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 3,800‑square‑foot duplex with 5 bedrooms and 4 bathrooms; Interior and exterior renovation completed in 2023; 2023 improvements included the roof and HVAC
More about this property
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