Updated Quadplex Income
For Sale
$399,000
524 55TH STREET, Birmingham, AL 35212
MULTI_FAMILY - BIRMINGHAM, AL
Property SizeContact for details
Days on Market23
Property Features for 524 55TH STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Subdivision
WOODLAWN REALTY
Elementary school
AVONDALE
Middle school
PUTNAM, W E
High school
WOODLAWN
Directions
From downtown East on 1st Ave N. Right on 55th St.
Standard status
Active
APN
23-00-21-4-012-037.000
Taxes and HOA fees
Tax Description
LOT 7 BLK 3 WOODLAWN RLTY CO 6TH ADD
Legal Description
LOT 7 BLK 3 WOODLAWN RLTY CO 6TH ADD
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Number of units
4
Flooring type
Vinyl
Building materials
Brick and Frame, Concrete/Block, Siding
Listing Agency:
Watts Realty Co Inc
(205) 251-1267
Listed By:
Emile Hughes · License #122131
(205) 936-7088
Added: Jul 21
Last Checked: Aug 12 at 2:06PM
MLS# 21459752
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 quadplex for sale is reported to be stable at 3/4 occupancy, with $3,750 per month in gross rent. The exterior has been newly updated with roof, windows, and siding, and the property also has new finishes throughout.
The asset is located at 524 55th Street in Birmingham, Alabama (Jefferson County). The seller’s remarks describe a “house hack” approach using Unit C as a live-in option while collecting rent from Units A, B, and D. Please contact the listing agent for additional details on the current leases and configuration.
The asset is located at 524 55th Street in Birmingham, Alabama (Jefferson County). The seller’s remarks describe a “house hack” approach using Unit C as a live-in option while collecting rent from Units A, B, and D. Please contact the listing agent for additional details on the current leases and configuration.
Key Highlights
- Quadplex with central heating and central air (vinyl flooring) and a basement
- Built in 1950; brick and frame construction with concrete/block and siding
- Public water service
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Explore this area
Business Placement
Demographics for 35212, AL
11,240
Population
5,537
Households
2
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
1,813
Density / Sq Mi
$34,565
Median Household Income
$37,264
Median Earnings
$754
Median Rent
$210,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex with newly updated roof, windows, siding, and interior finishes, currently 3/4 occupied.
Where is this quadplex located?
The property is located at 524 55TH STREET Birmingham, AL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Quadplex with central heating and central air (vinyl flooring) and a basement; Built in 1950; brick and frame construction with concrete/block and siding; Public water service
