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6-Unit Multifamily Property
New
For Sale
$359,000

817 LEXINGTON STREET, Birmingham, AL 35224

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market3
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Property Features for 817 LEXINGTON STREET

General Information

Property type Residential Multi Family
Property subtype Apartment
Parking features On Street
Subdivision ADLER WEAVER
Elementary school WYLAM
Middle school GREEN ACRES
High school JACKSON-OLIN
Directions From downtown Birmingham, take I-20/I-59 West toward Tuscaloosa. Take Exit 120 for 20th Street/Ensley Avenue and head toward Ensley. Continue toward the Wylam neighborhood, then use 8th Avenue to reach Lexington St. Turn onto Lexington Street and look for 817 Lexington St.
Standard status Active
APN 30-00-02-1-036-006.000

Taxes and HOA fees

Tax Description LOTS 9 & 10 BLK 10 ETAL RESUR OF ADLER-WEAVER
Legal Description LOTS 9 & 10 BLK 10 ETAL RESUR OF ADLER-WEAVER

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1939
Number of units 6
Flooring type Vinyl, Carpet - Full
Building materials Siding
Listing Agency: EXP Realty LLC
Listed By: Jeremy Galloway · License #119764
Added: Oct 13 Last Checked: Oct 15 at 3:06PM
MLS# 21467628

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 six-unit multifamily property comprises five structures: four three-bedroom, one-bathroom houses and a duplex with two one-bedroom, one-bathroom units. The properties have siding exteriors, central heating and air conditioning, and vinyl and full-carpet flooring. Public water serves the site, and parking is on street. The buildings date to 1939.

Two units are leased, while two of the three-bedroom houses are vacant and undergoing turnover. The duplex was renovated within the past two years and is prepared for occupancy. Projected operating figures are estimates; verify rents, expenses, and taxes independently.

Key Highlights

  • Six units across five structures: four 3‑bed/1‑bath houses and a 1/1 duplex
  • Two units are leased; two vacant 3/1 houses are undergoing turnover
  • Duplex renovated within the past two years

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Restaurant Parking Lot & Garage Spa & Massage Center Nail Salon 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 35224, AL

5,327
Population
2,761
Households
1.9
Avg Household Size
40
Median Age
11%
College-Educated
88%
High-School Grad
16.2 sq mi
ZIP Area
329
Density / Sq Mi
$46,401
Median Household Income
$33,727
Median Earnings
$1,063
Median Rent
$81,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four houses and a duplex are separately metered, with the duplex renovated within the past two years.
Where is this multifamily property located?
The property is located at 817 LEXINGTON STREET Birmingham, AL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Six units across five structures: four 3‑bed/1‑bath houses and a 1/1 duplex; Two units are leased; two vacant 3/1 houses are undergoing turnover; Duplex renovated within the past two years
More about this property
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