826 1ST STREET Birmingham, AL 35204
- Added:
- Apr 14, 2026
- Days on Market:
- 25
- Last Refresh:
- May 8 at 12:06 am
Property Features for 826 1ST STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Standard status
- Active
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Number of units
- 24
- Architectural style
- Other
Listing agent Margie Beth Shaw (205) 234-2906
Listing office Keller Williams Realty Vestavia 3595 Grandview Pkwy, Suite 250, Birmingham, AL (205) 397-6500
Listing date Apr 14, 2026
MLS# 21449759
Listing URL
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.
HighLights
- Significant value‑add opportunity: 16 vacant units offer potential income increase through renovation and leasing.
- Recent extensive renovations: Units feature new electrical, plumbing, HVAC, windows, kitchens, and baths (2022‑23).
- Prime location: Situated one block from a $50 million community transformational grant project.
- Desirable unit mix: Consists of 12 one‑bedroom/one‑bath and 12 two‑bedroom/one‑bath units.
- All slab units: All units are on the main level slab.
- Flexible purchase options: Owner will consider a small deposit and allow purchaser to rehab units prior to securing a new mortgage.
Overview
Birmingham Multifamily Value-Add Opportunity
This 24-unit multifamily property, comprised of three buildings, presents a value-add opportunity with 16 vacant units. Originally purchased in 2022 for $1,481,625, the units underwent renovations in 2022-23, including new electrical, plumbing, HVAC ducts and vents, HVAC units, windows, kitchens, and baths. Additional electrical meter upgrades were implemented post-purchase. Due to some vandalizing, an estimated $100,000 is needed for cabinets, HVAC, flooring, doors, and some plumbing and tile work. Some of the vacant units are nearing rental readiness. The property includes 12 one-bedroom, one-bathroom units and 12 two-bedroom, one-bathroom units, all situated on the main level slab. The current monthly income is $4,540.00. The property is located one block from the $50 million Smithfield Community Transformational Grant project. The owner is open to a small deposit, allowing the purchaser to rehabilitate the units to secure a new first mortgage.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.8379883
- Latitude
- 33.5150245
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 24-unit multifamily property with value-add potential near Smithfield project.
Where is this apartment building located?
The property is located at 826 1ST STREET Birmingham, AL.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Significant value‑add opportunity: 16 vacant units offer potential income increase through renovation and leasing.; Recent extensive renovations: Units feature new electrical, plumbing, HVAC, windows, kitchens, and baths (2022‑23).; Prime location: Situated one block from a $50 million community transformational grant project.
