Birmingham, AL Multifamily Properties for Sale

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78 properties

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Updated: Aug 20

Renovated 44-Unit Apartment Building

1517 CULLMAN AVENUE, Birmingham, AL 35208

$2,975,000

44 one‑bedroom, one‑bathroom apartment units
Comprehensive rehabilitation completed in 2020
Updated electrical and plumbing systems, roofs, bathrooms, windows, flooring, and grounds
Approximately 100% occupancy
Built in 1930 with siding construction

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Updated: Aug 31

Four-Property Quadplex Portfolio

1124 4TH AVENUE, Birmingham, AL 35204

$699,000

Four individual quadplexes included in the portfolio
16 total units across the four buildings
Mix of two‑bedroom and three‑bedroom units
Brick construction with a 1935 build year
Hardwood, tile, and laminate flooring represented

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23-Unit Apartment Portfolio

136 and 137 59TH STREET, Birmingham, AL 35212

$1,610,000

Three-building multifamily portfolio with updated flooring, in-unit laundry connections, and tenant-paid utilities.

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See what stands out in Jefferson County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Three-Building Mixed-Use Property

1488 Pearson SW Avenue, Birmingham, AL 35211

$125,000

4,033 sqft

Combines retail space with an occupied three-bedroom residence and a separate garage apartment.

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12-Unit Apartment Building

3005 AVENUE J, Birmingham, AL 35218

$560,000

Twelve-unit apartment property with one-bedroom residences and public water service.

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Renovated Fourplex Investment Property

8001 1ST AVENUE, Birmingham, AL 35206

$325,000

Renovated fourplex with a new HVAC system and refreshed units, positioned for residential rental use.

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Apartment Building with Renovated Units

500 TUSCALOOSA AVENUE, Birmingham, AL 35211

$1,900,000

Income-producing apartment property with updated unit interiors, central systems, and washer and dryer connections.

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Renovated Furnished Apartment Building

1028 22nd St S, Birmingham, AL 35205

$1,195,000

4,440 sqft

Fully renovated, furnished 8-unit apartment building operating as short-term rentals.

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6-Unit Brick Apartment Building

1850 17TH COURT, Birmingham, AL 35234

$425,000

Brick multifamily property with central HVAC, assigned parking, and public water service.

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Remodeled Furnished Duplex

1626 11TH COURT, Birmingham, AL 35204

$245,000

Two-unit property with furnished interiors, updated finishes, and central access to Birmingham’s Uptown entertainment district.

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Remodeled Duplex Near Uptown Venues

1626 11th N Court, Birmingham, AL 35204

$245,000

1,716 sqft

Furnished two-unit property with appliances included and an established short-term rental operation.

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Updated Quadplex

524 55TH STREET, Birmingham, AL 35212

$399,000

Four-unit property with refreshed exterior elements and interior finishes in Birmingham.

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Multifamily Property with Duplex Add-Ons

7720 2ND AVENUE N, Birmingham, AL 35206

$525,000

As-is sale featuring 16 apartment units plus two duplexes for an owner-operator or investor portfolio.

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Two-Unit Duplex with Central Air

449 7th W Street, Birmingham, AL 35204

$150,000

843 sqft

Income-producing residential property with matching two-bedroom layouts and one occupied unit.

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Brick Triplex with Basement Unit

6614 CAHABA VALLEY ROAD, Birmingham, AL 35242

$439,900

Three-unit residential income property with two leased apartments and a basement unit requiring finish-out before leasing.

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Four-Unit Multifamily Residential Property

900 RIDGE PLACE, Birmingham, AL 35214

$198,000

For sale 4-unit income property offering self-contained units with functional layouts in Birmingham, Alabama.

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Eight-Unit Apartment Building

7721 1st Avenue North, Birmingham, AL 35206

Contact for pricing

7,567 sqft

Renovated eight-unit, all three-bedroom configuration offered as-is with current occupancy and immediate lease-up potential.

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Remodeled 18-Unit Apartment Building

1469 PEARSON AVENUE, Birmingham, AL 35211

$1,195,000

Fully occupied multifamily property with updated interiors, central systems, and assigned and guest parking.

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Multifamily Property in Opportunity Zone

4016 38TH AVENUE N, Birmingham, AL 35217

$175,000

1,756 sqft

Multifamily property in Birmingham's opportunity zone, do not disturb tenants.

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Brick Apartment Building with Storage

1711 36TH STREET, Birmingham, AL 35234

$170,000

Multifamily property with varied unit layouts, two storage buildings, and public water service.

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6-Unit Apartment Building

6112 1st S Avenue, Birmingham, AL 35212

$539,000

650 sqft

Renovated multifamily property with updated building systems and professional management already in place.

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5-Unit Apartment Building

3012 AVENUE X, Birmingham, AL 35208

$348,000

Fully occupied property with a mix of market-rate and Section 8 residents.

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Turnkey Duplex Income Property

1222 10th N Avenue, Birmingham, AL 35203

$210,000

1,220 sqft

Renovated Birmingham duplex with two occupied units, each with dedicated laundry, offering turnkey income for investors.

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Quadplex with Covered Porch

2918 RHODES CIRCLE, Birmingham, AL 35205

$275,000

Multifamily property with varied unit layouts, central HVAC, and convenient access to downtown Birmingham amenities.

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Birmingham, AL Multifamily Properties Market Trends and Statistics

Explore 78 multifamily properties for sale in Birmingham, AL, showcased through 78 active listings on our real estate platform. These investment opportunities span a total of 211,469 square feet of properties for sale, with an estimated market value of $27,623,950.

Sale prices for multifamily properties in Birmingham, AL start at $40,000, averaging $484,630, and reaching up to $2,975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 502K

Population Growth (5Y) -0.1%

Median Household Income $77,536

College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Birmingham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
35216	$128K
35214	$198K
35233	$200.5K
35203	$277.5K
35234	$297.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Birmingham fall within the 10,000 to 25,000 square foot range.

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