Listing Agency: Matthews

Listed By: Caleb Frizzell · License #000114503-0

Source: Crexi

Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 9:27PM

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Investment Insights

Based on property information with market context.

This fully renovated apartment property includes 20 residential units. The asset is located at 7720-7730 Madrid Ave in Birmingham, Alabama 35206.

Key Highlights

• 20‑unit apartment property
• Fully renovated asset
• Located at 7720‑7730 Madrid Ave, Birmingham, AL 35206

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply 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

20

Residential units

Location Intelligence

Trade Area within ½ mile

319

Businesses Nearby

Explore this area Business Placement

Demographics for 35206, AL

15,648

Population

7,967

Households

2

Avg Household Size

40

Median Age

19%

College-Educated

87%

High-School Grad

10.1 sq mi

ZIP Area

1,549

Density / Sq Mi

$39,051

Median Household Income

$28,665

Median Earnings

$990

Median Rent

$122,500

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 - Updated multifamily property with 20 residential units in Birmingham.

Where is this apartment building located?

The property is located at 7720-7730 Madrid Ave Birmingham, AL.

What are key features of this property?

This property features: 20‑unit apartment property; Fully renovated asset; Located at 7720‑7730 Madrid Ave, Birmingham, AL 35206