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12-Unit Apartment Buildings
New
For Sale
$699,900

2805 Ave E, Birmingham, AL 35218

Two-building multifamily property with consistent two-bedroom layouts and separately metered utilities.

Property SizeContact for details
Days on Market7

Property Features for 2805 Ave E

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 80%

Units

Unit Mix 12 x 2BR/1.5BA
Multifamily Units 12

Building Details

Year Built 1983
Buildings 2
Listing Agency: Barnes & Associates
Listed By: Abra Barnes · License #000070462
Source: Birminghamrealestategroup
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 31 at 7:48PM

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 Barnes & Associates

Investment Insights

Based on property information with market context.

This multifamily property comprises two six-unit buildings with 12 total apartments, constructed in 1983. Every residence offers two bedrooms and 1.5 baths, along with central HVAC and washer/dryer connections. Utilities are separately metered at the property level for each unit.

The buildings are in Birmingham’s Ensley community at 2805 Ave E, near the Birmingham CrossPlex, Downtown Birmingham, UAB, shopping, dining, and major transportation corridors. Occupancy is currently 80%, with vacant units included in the existing configuration.

The uniform unit mix and two-building layout provide a straightforward physical profile for multifamily ownership. The property combines established construction with apartment features already in place, including climate control and laundry connections.

Key Highlights

  • Two buildings with 6 units each, totaling 12 apartments
  • All 12 units feature 2 bedrooms and 1.5 baths
  • Central HVAC and washer/dryer connections in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Gym & Fitness Center HVAC Service Law Firm Furniture & Home Goods

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

12
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby

Demographics for 35218, AL

6,521
Population
3,274
Households
2
Avg Household Size
42
Median Age
9%
College-Educated
82%
High-School Grad
2.6 sq mi
ZIP Area
2,508
Density / Sq Mi
$30,966
Median Household Income
$22,331
Median Earnings
$897
Median Rent
$79,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Two-building multifamily property with consistent two-bedroom layouts and separately metered utilities.
Where is this apartment building located?
The property is located at 2805 Ave E Birmingham, AL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two buildings with 6 units each, totaling 12 apartments; All 12 units feature 2 bedrooms and 1.5 baths; Central HVAC and washer/dryer connections in every unit
More about this property
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