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    Homewood, AL
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    Homewood, AL Multifamily Properties for Sale

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    Birmingham, AL Center Point, AL Sylacauga, AL Bessemer, AL Irondale, AL Mountain Brook, AL Dora, AL Vestavia Hills, AL
    Charming Condo in Foxcroft Community
    Updated: Aug 26, 2025
    Charming Condo in Foxcroft Community

    173 OLD MONTGOMERY HIGHWAY #D, Homewood, AL 35216

    $125,000
    961 sqft
    Unbeatable location: Minutes from Samford, UAB, Brookwood Hospital, and Homewood.
    Enjoy community pool access.
    Relax on your private balcony.
    Spacious kitchen with large pantry.
    Ample closet space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    173 OLD MONTGOMERY HIGHWAY #D, HOMEWOOD, AL 35216

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $7K
      Annual

    • Price @ 7% Cap

      $105K
      Suggested
    View Property Analytics
    Two Side-by-Side Duplexes
    Updated: Feb 2, 2025
    Two Side-by-Side Duplexes

    2609 B M MONTGOMERY STREET, Homewood, AL 35209

    $450,000
    Two side‑by‑side duplexes with 4 total units in the Homewood area
    All 4 units have 2 bedrooms and 1 bathroom
    Property is being sold as‑is; all units are currently empty
    1964 construction with brick exterior and vinyl flooring
    Central heating and public water source
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    Condo in Broadway Park
    Condo in Broadway Park

    1040 BROADWAY PARK #435, Homewood, AL 35209

    $349,900
    1,174 sqft

    Rare floor plan with skyline views near downtown Homewood.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Homewood, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Year Roof Duplex
    Two-Year Roof Duplex

    2503 HAWKSBURY LANE, Hoover, AL 35226

    $549,900

    Duplex with a newer roof and updated decks, offering manageable exterior improvements for an owner-operator or investor.

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    Hoover Multifamily Investment Opportunity
    Hoover Multifamily Investment Opportunity

    3252 and 3246 Warringwood Dr, Hoover, AL 35216

    $1,100,000
    10,176 sqft

    Well-maintained, renovated 8-unit multifamily property in desirable Hoover, AL.

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    Remodeled Condo in Mountain Brook
    Remodeled Condo in Mountain Brook

    Birmingham, AL 35223

    $395,000
    950 sqft

    Charming, remodeled 2 bed, 1 bath condo in desirable location.

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    Vestavia Hills Condo with Renovations
    Vestavia Hills Condo with Renovations

    Birmingham, AL 35216

    $139,000
    1,034 sqft

    Corner unit condo in Vestavia Hills with renovated bathrooms.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned A1 Residential Land Opportunity
    Zoned A1 Residential Land Opportunity

    3318 MORGAN ROAD lot: 00, Bessemer, AL 35022

    $150,000
    3.70 AC lot

    A1-zoned land with Morgan Rd frontage in Bessemer; mobile homes allowed per zoning guidelines.

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    Land Near Future Publix
    Land Near Future Publix

    3318 Morgan Road 00, Bessemer, AL 35022

    $150,000

    Land available near upcoming Publix; mobile homes allowed.

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    Vacant Lot on Honeycutt Road
    Vacant Lot on Honeycutt Road

    3449 Honeycutt Road 123, Adamsville, AL 35005

    Contact for pricing

    Vacant lot suitable for manufactured home with restrictions.

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    15 Acres in Alabaster, AL
    15 Acres in Alabaster, AL

    135 2ND AVENUE, Alabaster, AL 35007

    $150,000
    15.36 AC lot

    15+/- acres zoned R8 in Alabaster, Thompson school system.

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    Homewood, AL Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Homewood, AL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,135 square feet of properties for sale, with an estimated market value of $474,900.

    Sale prices for multifamily properties in Homewood, AL start at $125,000, averaging $237,450, and reaching up to $349,900 — 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

    Apartment buildings 4
    Quadplexes 2
    Small apartment buildings 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +20.6%
    Median Household Income $72,383
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Birmingham - 35216 $144.3K
    Birmingham - 35209 $483K

    Listings Trend

    New vs delisted commercial listings in Jefferson County

    New Delisted

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    Most Searched ZIP Codes in Homewood, AL

    • 35209
    • 35216

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