Hoover, AL Multifamily Properties for Sale

List

Map

Vestavia Hills, AL Birmingham, AL Homewood, AL Warrior, AL Mountain Brook, AL Dora, AL Bessemer, AL Center Point, AL

Updated: Nov 21, 2025

Hoover Multifamily Investment Opportunity

3252 and 3246 Warringwood Dr, Hoover, AL 35216

$1,100,000

10,176 sqft

100% Occupancy provides a strong and reliable income stream.
Located in desirable Hoover, AL, a high‑demand rental market.
Significant Upside: Rent comparables are higher, presenting an opportunity to raise rents.
Recently renovated units with stainless steel appliances and LVP flooring.
Convenient access to Riverchase Galleria, Stadium Trace Village, The Summit, and other retail/dining options.

View details

This listing looks promising.

Here's a quick look at some key insights for

3252 and 3246 Warringwood Dr, HOOVER, AL 35216

View Property Analytics

Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$78K
Annual
Price @ 7% Cap

$1.11M
Above asking

View Property Analytics

Updated: Sep 15, 2025

Duplex with Newer Roof and Decks

2503 HAWKSBURY LANE, Hoover, AL 35226

$549,900

Roof is about two or three years old
Deck on 2503 is about two years old
Deck on 2501 was rebuilt within the past two years
Gutters and siding have been painted
Built in 1972 with brick and frame plus concrete/block and siding

View details

Three-Story Duplex with Updated Units

2134 Lynngate Dr, Hoover, AL 35216

Contact for pricing

4,000 sqft 0.49 AC lot

Three-story duplex with two fully updated 3BR/2B units and a shared two-car garage on the lower level.

View details

Hoover Condo with Community Pool

1935 WATERFORD PLACE #1935, Hoover, AL 35244

$210,000

1,344 sqft

Charming 2BR/2.5BA condo in Waterford, close to amenities.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 4 Active listings in Hoover, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, 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.

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.

View details

Windhover Condominium with Flexible Spaces

2420 EAGLE COURT #2420, Birmingham, AL 35216

$117,000

1,722 sqft

Condominium featuring tall ceilings, fireplaces, and flexible living spaces.

View details

Two Side-by-Side Duplexes

2609 B M MONTGOMERY STREET, Homewood, AL 35209

$450,000

Four vacant 2-bedroom, 1-bath units arranged as two side-by-side duplexes, sold as-is for straightforward income property ownership.

View details

Renovated Townhome-Style Duplex

2505 Hawksbury Ln, Birmingham, AL 35226

Contact for pricing

Two attached residential units offer flexible layouts, private decks, basement storage, and garage parking.

View details

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

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.

View details

Land Near Future Publix

3318 Morgan Road 00, Bessemer, AL 35022

$150,000

Land available near upcoming Publix; mobile homes allowed.

View details

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.

View details

Land for Mobile Homes

135 2nd NE Avenue none, Alabaster, AL 35007

$150,000

15.00 AC lot

$270,000

Estimated value

8,216 sqft 1.41 AC lot

View details

Hoover, AL Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Hoover, AL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,520 square feet of properties for sale, with an estimated market value of $1,859,900.

Sale prices for multifamily properties in Hoover, AL start at $210,000, averaging $619,966, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 245K

Population Growth (5Y) +5.4%

Median Household Income $103,638

College Educated 69.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Birmingham - 35244	$210K
Birmingham - 35226	$549.9K
Birmingham - 35216	$1M

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 Hoover fall within the 50,000 to 100,000 square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings