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11-Unit Apartment Building
New
For Sale
$470,000

335 IOTA AVENUE, Birmingham, AL 35205

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market5

Property Features for 335 IOTA AVENUE

General Information

Property type Residential Multi Family
Property subtype Apartment
Parking features On Street
Subdivision TITUSVILLE
Elementary school WASHINGTON
Middle school BOOKER T WASHINGTON
High school PARKER
Directions From I-65, take Exit 259B for 4th Ave S, continue west on 4th Ave S, turn left onto Iota Ave S; property will be on the right at 335 Iota Ave S.
Standard status Active
APN 29-00-02-2-026-002.000

Taxes and HOA fees

Tax Description POB 75 FT S W OF SW INTER OF IOTA AVE & OMEGA ST TH W 129 FT S ALG IOTA AVE TH S 135 S TH E 129 S TH N 135 S TO POB LYING IN SW 1/4 OF NW 1/4 SECT 02 TWSP 18S RANGE 3W
Legal Description POB 75 FT S W OF SW INTER OF IOTA AVE & OMEGA ST TH W 129 FT S ALG IOTA AVE TH S 135 S TH E 129 S TH N 135 S TO POB LYING IN SW 1/4 OF NW 1/4 SECT 02 TWSP 18S RANGE 3W

Utilities

Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1955
Number of units 11
Flooring type Hardwood, Tile
Building materials Concrete/Block
Listing Agency: Bham Realty, LLC
Listed By: Ben Hedden · License #000136617
Added: Sep 10 Changed: Sep 12 Last Checked: Sep 14 at 3:06AM
MLS# 21464590

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.

Built in 1955, this 11-unit apartment property contains an all one-bedroom unit mix. The building uses concrete/block construction, with hardwood and tile flooring, window-unit cooling, public water, and on-street parking. The configuration provides a consistent residential layout across the property.

The property is in Birmingham’s Titusville community, minutes from UAB, Downtown Birmingham, I-65, and the Parkside/Southside area. Its setting is also close to major employment, medical, and educational centers. Titusville Social Commons, a six-acre community hub with coworking, event, educational, nonprofit, and employer-oriented space, is part of the surrounding neighborhood investment activity.

Key Highlights

  • 11‑unit apartment property with an all 1‑bedroom unit mix
  • Built in 1955 with concrete/block construction
  • Hardwood and tile flooring throughout the property

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Accounting Firm

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

11
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

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

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 - One-bedroom apartments feature hardwood and tile flooring, window-unit cooling, public water, and on-street parking.
Where is this apartment building located?
The property is located at 335 IOTA AVENUE Birmingham, AL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 11‑unit apartment property with an all 1‑bedroom unit mix; Built in 1955 with concrete/block construction; Hardwood and tile flooring throughout the property
More about this property
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