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Property summary
This exceptional investment opportunity presents Fountain Villa Apartments, a six-unit apartment building located at 1850 17th Ct N, Birmingham, AL 35234. Built in 1960 and renovated in 2023, this Class B property boasts 3,696 square feet situated on a 0.52-acre lot. The property features a single, one-story building with R-3 zoning. Currently operating at 83.3% occupancy, with an expected full occupancy date of October 23, 2024, the property generates a pro-forma NOI of $28,700, resulting… in a 6.38% pro-forma cap rate. Each of the six units is priced at $75,000, with a total asking price of $450,000 ($121.75 per square foot). The property is not subject to a ground lease. Located in the desirable Druid Hills neighborhood, this investment benefits from its proximity to downtown Birmingham, major employers such as the University of Alabama Birmingham and St. Vincent's Hospital, and easy access to interstate highways. The surrounding area is experiencing significant growth and redevelopment, making this a compelling opportunity for investors seeking strong returns in a dynamic market. The property's APN is 22 00 26 1 004 003.000. This stabilized investment offers a solid foundation for future growth and income potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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