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Three-Building Apartment Property
New
For Sale
$600,000

826 1ST STREET, Birmingham, AL 35204

MULTIFAMILY, BIRMINGHAM, AL

Property SizeContact for details
Days on Market4
Rey
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Property Features for 826 1ST STREET

General Information

Property type Residential Multi Family
Property subtype Apartment
Parking features On Street
Subdivision SMITHFIELD NORTH
Elementary school TUGGLE
Middle school WILKERSON
High school PARKER
Directions Head south on 6th St N toward 10th Terrace N > Turn right onto Reverend Abraham Woods Jr Blvd > Continue onto 8th Ave W > Turn right onto 1st St W (Destination will be on the left)
Standard status Active
APN 22-00-34-1-030-001.000

Taxes and HOA fees

Tax Description LOT 1-A RESUR OF LOTS 1 BLK 4 BLK 51 NORTH SMITHFIELD
Legal Description LOT 1-A RESUR OF LOTS 1 BLK 4 BLK 51 NORTH SMITHFIELD

Utilities

Heating system Electric (Heating), None (Heating)
Cooling system Central Air, None (Cooling)
Water source Public

Building Details

Year built 1957
Number of units 24
Flooring type Tile, Laminate
Building materials Brick
Listing Agency: Keller Williams Realty Vestavia
Listed By: Jeb Miller · License #1031241
Added: Oct 12 Last Checked: Oct 15 at 5:06PM
MLS# 21467544

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 apartment property comprises 24 units across three buildings, with 12 one-bedroom, one-bathroom apartments and 12 two-bedroom, one-bathroom apartments. All units are on the main level and built on slab foundations. The buildings date to 1957 and have brick construction. Renovation is needed, and the property is being sold as-is.

Twenty-two of the 24 units are vacant. Flooring includes tile and laminate; heating and cooling features vary across the property.

Key Highlights

  • 24 units across 3 buildings
  • Unit mix: 12 one‑bedroom/one‑bathroom and 12 two‑bedroom/one‑bathroom apartments
  • 22 units vacant

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Pharmacy Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Butcher

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

24
Residential units

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

Demographics for 35204, AL

9,271
Population
5,333
Households
1.7
Avg Household Size
43
Median Age
14%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
1,854
Density / Sq Mi
$32,880
Median Household Income
$27,864
Median Earnings
$716
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?
Apartment building - The 24 apartments include an even mix of one- and two-bedroom floor plans and require renovation.
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 $600,000.
What are key features of this property?
This property features: 24 units across 3 buildings; Unit mix: 12 one‑bedroom/one‑bathroom and 12 two‑bedroom/one‑bathroom apartments; 22 units vacant
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