Brick 5-Unit Multifamily
For Sale
$348,000
3012 AVENUE X, Birmingham, AL 35208
MULTI_FAMILY - BIRMINGHAM, AL
Property SizeContact for details
Days on Market48
Property Features for 3012 AVENUE X
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Parking features
On Street
Subdivision
FAIRVIEW
Elementary school
MINOR
Middle school
BUSH HILLS ACADEMY
High school
JACKSON-OLIN
Directions
I-20 W/I-59 S to 19th St Ensley in Birmingham. Take exit 121 from I-20 W/I-59 S. Take Ave Y and Avenue W.
Standard status
Active
APN
29-00-05-3-010-009.000
Taxes and HOA fees
Tax Description
NW 50 FT OF LOTS 1-2-3-4 BLK 3 A L MCWILLIAMS ADD TO FAIRVIEW SUB
Legal Description
NW 50 FT OF LOTS 1-2-3-4 BLK 3 A L MCWILLIAMS ADD TO FAIRVIEW SUB
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1965
Number of units
5
Building materials
Brick and Frame
Listing Agency:
Keller Williams Realty Vestavia
(205) 397-6500
Listed By:
Mike Brown · License #127994
(205) 368-5995
Added: Jun 19
Last Checked: Aug 5 at 5:06PM
MLS# 21456692
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 5-unit multifamily property is built with brick construction and operates with individual heat pumps. Tenant-paid utilities help keep expenses controlled, and an on-site landscaping service supports exterior upkeep. The building is professionally managed, with four units currently occupied by a mix of Section 8 and market-rate tenants. One unit was recently fully renovated and is described as ready for immediate lease-up.
The property is located in Birmingham’s Fairview neighborhood at 3012 Avenue X in Jefferson County (AL 35208). The current occupancy and unit turnover position the building for day-to-day rental operations while the renovated unit transitions to a new tenant.
For investors or owner-operators seeking a managed Birmingham multifamily with a mix of occupied units and a newly renovated apartment ready to lease, this offering provides current leasing momentum and documented financial targets in the remarks. The listing states a stabilized pro forma gross income of $3,185 per month and a 7.3% cap rate at the list price, with financials available upon request through Watts Realty. Please contact the listing agent for additional details.
The property is located in Birmingham’s Fairview neighborhood at 3012 Avenue X in Jefferson County (AL 35208). The current occupancy and unit turnover position the building for day-to-day rental operations while the renovated unit transitions to a new tenant.
For investors or owner-operators seeking a managed Birmingham multifamily with a mix of occupied units and a newly renovated apartment ready to lease, this offering provides current leasing momentum and documented financial targets in the remarks. The listing states a stabilized pro forma gross income of $3,185 per month and a 7.3% cap rate at the list price, with financials available upon request through Watts Realty. Please contact the listing agent for additional details.
Key Highlights
- 5‑unit multifamily in Birmingham’s Fairview neighborhood, professionally managed
- Four units currently occupied with a mix of Section 8 and market‑rate tenants
- One unit recently fully renovated and ready for immediate lease‑up
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
80%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Explore this area
Business Placement
Demographics for 35208, AL
12,982
Population
7,469
Households
1.7
Avg Household Size
43
Median Age
17%
College-Educated
87%
High-School Grad
3.7 sq mi
ZIP Area
3,509
Density / Sq Mi
$37,363
Median Household Income
$29,963
Median Earnings
$951
Median Rent
$91,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Professionally managed 5-unit brick building with individual heat pumps and tenant-paid utilities.
Where is this apartment building located?
The property is located at 3012 AVENUE X Birmingham, AL.
What is the asking price?
The asking price for this property is $348,000.
What are key features of this property?
This property features: 5‑unit multifamily in Birmingham’s Fairview neighborhood, professionally managed; Four units currently occupied with a mix of Section 8 and market‑rate tenants; One unit recently fully renovated and ready for immediate lease‑up
